Investment Promotion Law - Tax Exemptions
Our firm has vast experience assisting clients with obtaining tax breaks under Uruguay’s tax-exemption regulation. Roughly 25% of the overall private investment made in the country chooses to request some form of tax exemptions under the Investment Promotion Law # 16.909.
- Investments of any size are eligible for exemptions on:
- Corporate Income Tax (up to 100% of the amount invested)
- Value Added Tax on goods purchased.
- Asset Tax.
- Customs duties.
Andersen Tax & Legal is Uruguay’s member of Andersen Global, an international association of member firms comprised of legal and tax professionals worldwide.