Free Trade Zones
URUGUAY'S FREE TRADE ZONE LAW
LEGAL BENEFITS THAT URUGUAY OFFERS FOR YOUR COMPANY
- Total tax exemptions (created or to be created in the future).
- No customs duties or consumption taxes (VAT).
- Possibility to acquire equipment and supplies (new and used) without having to pay any taxes or customs duties.
- Unlimited stay of goods within the Free Trade Zone.
- Free inflows and outflows of capital and dividends.
- Up to 25% of your company's workforce can be foreign and opt not to contribute to Uruguay's social security system.
- The State is obliged, by law, to compensate users of the Free Trade Zone for any harms or losses caused by a modification in the Law.
- If the exploiter of the Free Trade Zone should lose its exploiter status, then the State is obliged, by law, to guarantee to users of the Free Trade Zone the provision of all the infrastructure and services required to operate during the period of the Free Trade Zone User Contract.
- For more information about the Law of Free Zones, visiting www.zfrancas.gub.uy