Uruguay is acknowledged as a strategic gateway for international enterprises conducting business in Latin American region. Uruguay offers stability in economic, political, legal and social issues. It is also the financial centre of the MERCOSUR area, a trading zone which has a market of 265million people.
With a strict compliance with international obligations, Uruguay has been positioned as a regional finance center with a long tradition of liberty and security.
Uruguay has a regime of full liberty for movement of capital and profits, foreign exchange and gold, inbound and outbound from abroad, and an exchange system of free convertibility for the local currency. In general the conditions of growth are positive and the profitability is in the range of the 15 percent.
The installation of foreign companies has not previous requisites. Corporations and individuals can install enterprises in Uruguay without any mayor formalities. It is also possible to obtain a government declaration of national interest for private investment projects, which are granted tax exemptions in each case.
There are a number of tax exemptions for investments in tourism complexes and investments made in forestry. At the same time the country is placed in latitude with an ideal index for forest aptitude and the ground has an exceptional index of productivity for almost any kind of exploitations.
Today Uruguay occupies the second place in the ranking of economic freedom and transparency in Latin America. Its lasting political and economic stability, and its opened and cosmopolitan society, made Uruguay the ideal platform to invest towards the region and the world.