Develop your international business from your office at WTC Punta del Este Free Zone and access the tax benefits of Uruguay’s Free Trade Zone regime, with infrastructure and services for your team.
With 40 years in force, the Act reflects stability and broad political consensus nationwide.
Today, Free Trade Zones have become a key driver of the country's economy.
Broad tax exemptions, including Corporate Income Tax (IRAE), VAT and Wealth Tax, on authorized activities. In addition, the State guarantees users the benefits and exemptions provided for by law throughout the term of their contract, which may be up to 10 years.
Foreign employees can choose not to contribute to the Uruguayan Social Security System, which allows them to pay just a flat rate of 12% of their salary.
Absolute freedom of movement of capital; no restrictions on foreign asset transactions
Flexibility in hiring foreign personnel: service companies may have up to 50% foreign personnel throughout the term of the contract.
This list should help companies better understand how a Free Trade Zone works and the implications of operating under Act 15,921.
