LANDER Legal, Civil Law Notary & Accounting Services has a vast experience providing assistance in this matter. Furthermore, Eduardo Lander has been the Head of Aguada Park (free zone of services) since its very beginning.
LANDER Legal, Civil Law Notary & Accounting Services offers help to interested parties through all the steps of the way:
What is a Free Zone?
A free zone is a specifically defined area within Uruguayan territory, with full tax and customs exemption along with other benefits, for companies that settle in them and develop industrial, commercial and/or services-related activities. This means a significative reduction in costs.
BENEFITS PROVIDED BY THE FREE ZONE REGIME IN URUGUAY
Companies settled in a Free Zone in Uruguay have multiple benefits:
Specific Internal Tax, Wealth/Equity Tax, Corporate Control Tax. The exemption is in its entirety, unlike the case of other legal systems, which only grant a partial exemption.
Activities that may be developed:
Free Zones of Services
Services delivered may be of diverse nature, such as: financial, IT, BPO, informatics, professsional services, shared services, call centers, mail boxes, e-learning, and other type of services that the Executive Branch of Government may allow.
Companies settled in Free Zones may provide services within the free zone iself, as well as to users or developers from other free zones, other countries or the rest of the Uruguayan territory —so long as the company pays the IRAE tax [Income Tax on Economic Activities].
Conditions for Operation in a Free Zone