Uruguay Extends Deadlines for Incentive Regimes for Building Construction and Urbanization and Housing

Uruguay has published Decree No. 155/022, which extends the incentive regime for investments in building construction and urbanization that was introduced by Decree No. 138/020 in 2020 in response to COVID-19. The Decree amends certain deadlines, including that the deadline to submit an application for a project to benefit from the incentive regime is extended to before 1 January 2024 (previously by 31 December 2022), and the deadline for executing projects is extended to 30 September 2026 (…