Only enterprises with more than 50% of their share capital owned and effectively controlled by Uruguayan nationals may provide international cargo and passenger transport.
"CHAPTER I - General provisions
Article 2.- The international transport of passengers or cargo may only be carried out by authorized companies, under the terms of this Agreement and its Annexes.
[...]
CHAPTER II - International road transport
Article 20.- In order to establish international road transport services and their modalities, a prior agreement must be entered into between the signatory countries. These will grant the corresponding permits in order to make reciprocity effective, independently between passenger and cargo companies.
[...]
Article 22.-
1. The signatory countries will only grant original permits to companies incorporated in accordance with their own legislation and with real domicile in their territory. [...]
3. More than half of the capital stock and effective control of the company will be in the hands of natural or naturalized citizens of the signatory country that grants the original permit.[...]" (Resolution approving the International Road Transportation Agreement signed by Argentina, Bolivia, Brazil, Chile, Paraguay, Peru and Uruguay (MTOP S/N of 10/05/1991), Articles 2, 20 and 22 of Annexed text of the Agreement [google translation])"
Resolution approving the International Road Transportation Agreement signed by Argentina, Bolivia, Brazil, Chile, Paraguay, Peru and Uruguay (MTOP S/N of 10/05/1991), Articles 2, 20 and 22 of Annexed text of the Agreement
[<a href="https://www.impo.com.uy/bases/resoluciones-internacional/SN99105101-1991">Agreement</a>]