Tax Residence of Natural Persons

The Personal Income Tax (PIT - IRPF) regulations provide for the conditions that must be verified by natural persons in order to obtain tax residence in Uruguay.

Amendments to the Regime of Antitrust Law

On September 11th, Uruguayan Congress has approved the bill submitted by the Executive regarding the Uruguayan Competition Act, which aims to strength the protection and promotion of the well-being of both consumers and current and future users. In order ...

Agreements between European Union-Mercosur and EFTA-Mercosur

The negotiations between the European Union and MERCOSUR, on the one hand, and the European Free Trade Association (EFTA) and MERCOSUR, on the other hand, in order to reach ambitious trade agreements between the referred blocs have recently concluded. ...

The Uruguayan Corporations Agency (AIN) begins the audit of the fulfillment of the obligations related to the identification of final beneficiaries of Law 19.484

Since 2017, Uruguayan companies (with specific exceptions) have been obliged to identify their final beneficiaries and share holder control chain before the Central Bank of Uruguay. 

NEWS: Regulation Of The Labour Credit Guarantee Fund

On March 11, 2019, the Executive Power regulated Act No. 19.690, which established the creation within the scope of the Banco de Previsión Social (BPS local social security agency),of the Labour Credit Guarantee Fund. This Act created the fund to ...