April 2, 2020
Uruguay extends period free trade zone workers may work remotely in light of COVID-19
The Uruguayan Director of Free Trade Zone Area issued a resolution extending the period during which free trade zone (FTZ) workers may work remotely because of COVID-19. Previously, the Uruguayan Director of Free Trade Zone Area announced FTZ workers could work remotely from 16 March 2020 to 30 March 2020. The extension allows FTZ workers to work remotely through 10 April 2020.
Companies located in FTZs usually must undertake all of their activities within the FTZ to access the tax and customs benefits granted under the FTZ regime. Under the resolution, companies may have their workers work remotely without losing those benefits.
For additional information with respect to this Alert, please contact the following:
Ernst & Young Uruguay, Montevideo
Ernst & Young LLP (United States), Latin American Business Center, New York
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
Ernst & Young Tax Co., Latin America Tax Desk, Japan & Asia Pacific