Rate
—
Duration
—
Prior non-residency
—
required before applying
Standard top income tax
36.0%
Uruguay, without the regime
Overview
- Regime
- Zonas Francas (Free Trade Zones)
- Country
- Uruguay
- Type
- Free zone
- Status
- Active
- Effective from
- —
- Expires on
- —
Details
- Summary
- Companies operating in Uruguayan Free Trade Zones are fully exempt from all national taxes, including income tax.
- Eligibility
- Companies operating in designated FTZs: Zonamerica, Aguada Park, WTC Free Zone, and others.
- Benefits
- 100% exemption from all national taxes including IRAE (corporate income tax), IVA, and patrimony tax. No withholding on profit distributions. Employees working in FTZ can opt for IRNR (non-resident tax regime).
- Requirements
- Must operate within designated FTZ. Must comply with FTZ regulations. Services rendered to entities outside the FTZ.
- Limitations
- Subject to Pillar Two DMTT for large MNEs from 2026. Cannot provide services to Uruguayan entities outside the FTZ (generally). FTZ employees may choose IRNR regime which taxes only Uruguayan-source income.
- Income types covered
- All business income from activities within the FTZ.
- Duration details
- Indefinite while operating in the FTZ.
View source PwC Worldwide Tax Summaries