Uruguay Announces New Tax Incentives to Promote Investment

Uruguay's Ministry of Economy and Finance announced a package of measures to promote investments in the country on 18 August 2025. Some of the main points are summarized as follows:

• To speed up the evaluation process, a simplified evaluation system is introduced for projects with an investment of less than USD 5 million;
• Priority will be given to projects based on employment, export growth, decentralization, sustainable production, and R&D and technology modernization;
• Greater incentive…