Free Trade Zones

Customs duties and tax exemptions

Possibility to purchase inputs and equipment (new or used) without any tax or custom surcharges

Free capital movement and repatriation of profits

Free zone operators can conduct all sort of activities to countries outside the Uruguayan territory, to other corporations located in Aguada Park, and to other Uruguay Free Trade Zone users and operators. Services rendered from the Free Trade Zone to third countries can also be rendered to Corporate Income Taxpayers (IRAE) within the Uruguayan territory

Engagement of up to 25% of foreign employees. However, users may employ up to 50% of foreign employees when the nature of the business deems it necessary, and when they are duly authorized by the Executive Power

Foreign employees may opt to waive to the Uruguayan social security system. This waiver will not be applicable in cases of services rendered to Corporate Income Taxpayers (IRAE) within the Uruguayan territory

This law sets forth that if tax benefits are modified; the Uruguayan Government shall be liable to grant damages to corporations that undersigned a contract with the Free Zone

If the Free Trade Zone operator contract is terminated, the government shall guarantee users that infrastructure and other necessary services will be provided during the term of the contract

For further information on the Free Trade Zone legal regime, visit http://zonasfrancas.mef.gub.uy/

• Free Trade Zones in Uruguay