LEGAL FRAMEWORK
OF FREE ZONES
OF FREE ZONES
Through the Free Zone legislation, Uruguay has become a model for all Latin America, offering total transparency, safety and permanence to international companies who wish to operate in Uruguay as a Regional Distribution Center.
MAIN BENEFITS
- Complete exemptions from existing and future taxes.
- State guarantees free trade zone legislation stability.
- Total exemption of tariffs for products that enter the free zone and while they are stored there.
- Possibility to operate immediately to foreign companies without the need to set up a company in Uruguay.
- 100% repatriation of capitals and profits.
- No time limits for the stay of goods in free zones.
- Value added services: ability to perform any type of product transformation including semi-industrial processes.