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Member Articles


Uruguay: Green Hydrogen Generation Plant is Officially Launched

A few days ago, the National Government officially presented its project for the installation of a green hydrogen generation plant in Uruguay (the “Project”). Companies of the industry, financial institutions and oth ...

Uruguay - 2020 Balance on Uruguay's Tax Residence Rules

Uruguay is becoming an increasingly popular jurisdiction for tax residence. The trend is normally attributed to several factors: Uruguay’s democratic traditions, institutional stability, a business friendly Administrat ...

Uruguay - Merger Control - New Rules

On July 15, 2020, Uruguay laid down new regulations aimed at putting into effect recently enacted merger control legislation. Under the new regime, prior authorization is required where the cumulative invoicing (in Urugu ...

Uruguay - Tax Residence Requirements are Loosened

With the explicit aim of encouraging foreign investment and opening the country to immigration, the Uruguayan Government has just approved a long expected decree to update (and extend) the mechanisms under which non-resi ...

Country by Country Report for Enterprises in Uruguay with 31 December 2019 as Closing Date

Multinational enterprises (“MNEs”) with premises/operations in Uruguay and with a worldwide gross income in excess of EUR 750 million per year, must submit to Uruguay's Tax Office a Country-by-Country report (“the ...

Country-by-Country Report in Uruguay: Its Implementation Will Begin Soon

Multinational enterprises (“MNEs”) with premises or operations in Uruguay must submit to the Tax Office a Country-by-Country report (“the CbC report”) along the OECD guidelines. Such report must contain detailed ...

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