An investment promotion mechanism adopted by Uruguay in 1988, which since then has made possible for private free zone parks to attract billions of dollars investments.
The Law that supervises the regime allows companies to establish fiscal efficient export operations using Uruguay as an international trade platform. Allows for all types of activities; there is a predominance in services and logistics.
Investors are guaranteed judicial security on their projects.
Process to apply for free zone operation is fairly simple and supervised by the Ministry of Economy & Finances.
Companies exempt from ALL taxes (net income tax, VAT, customs duties, tax on property, etc.).
There is no tax or retention on dividends paid to shareholders.
No VAT or customs taxes applied over constructions and equipment to establish the necessary facilities in the free zone.
Foreigners working in the free zone can choose whether to adhere or not to the Uruguayan social security system.
Free currency circulation.
0% Income Tax on Economic Activities (I.R.A.E.)
0% Taxes for Import and / or Export *
0% Customs Tariff Tax
0% Capital and Dividend Tax
0% Real Estate Tax
0% Value Added Tax
Strategic logistics hub
Global export services
The merchandise is introduced to the free zone without any tax on the importation. However, for merchandise whose origin and destination is a Mercosur member country, when passing through a free zone, they will be subject to the Common External Tariff (A.E.C.) when entering the destination country, as if it were an extra-zone good. This provision governs from Decision No. 08/94 of the Common Market Council of Mercosur but there are exceptions.