Prepared by RSM US
Edgar Lopezlena, Mexico Practice Leader and International Tax Senior Director, Mario Montemayor, Senior Manager, Carol Adebowale, Senior Associate
Uruguay has adopted a territorial concept of taxation. This means that only Uruguayan-sourced income is taxed, irrespective of the nationality, residence of those who are part of the transactions and despite the place where the business takes...
Uruguayan law regulates practically all known legal forms of organization structure, including the formation of a new legal entity or the installation of a subsidiary of a foreign entity.
Uruguay’s solid and stable institutional framework gives it an advantageous position to attract investment. In addition to a reputation for social and economic stability, the country offers a suitable framework for visitors, tourists and...