07 June 2022

Uruguay extends period for performing promoted investments under Decree No. 329/016 to 31 December 2023

In Decree No. 156/022, the Uruguayan Ministry of Economy and Finance (Ministerio de Economía y Finanzas, MEF) extended the period to make investments under the promotional regime regulated by Decree No. 329/016 from 31 December 2022 to 31 December 2023.

The decree was published in the Official Gazette on 17 May 2022 and is effective as of that date.

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For additional information with respect to this Alert, please contact the following:

EY Uruguay, Montevideo

Ernst & Young LLP (United States), Latin American Business Center, New York

Ernst & Young Abogados, Latin America Business Center, Madrid

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

Document ID: 2022-5560