UY
New resident 7% IRPF on foreign capital income
Active
Flat rate
Uruguay · special tax regime
Flat rate
7.0%
Duration
—
Prior non-residency
1 years
required before applying
Standard top income tax
36.0%
Uruguay, without the regime
Overview
- Regime
- New resident 7% IRPF on foreign capital income
- Country
- Uruguay
- Type
- Flat rate
- Status
- Active
- Effective from
- Jan 1, 2020
- Expires on
- —
Details
- Summary
- Alternative one-time election for new residents to pay IRPF at 7% on qualifying foreign capital income without a time limit.
- Eligibility
- Same entry conditions as the tax-holiday IRNR option; must elect IRPF 7% instead of IRNR on form 0306.
- Benefits
- 7% flat IRPF on covered foreign capital income for as long as the option remains in force.
- Requirements
- Form 0306; cannot switch after election.
- Limitations
- Only foreign capital income in art. 6(2); exclusive of the IRNR holiday option.
- Income types covered
- Foreign capital income (movable capital yields)
- Duration details
- No statutory end date while option remains valid.
Other regimes in Uruguay
| Name | Type | Rate |
|---|---|---|
| Tax holidays (new resident foreign capital income) | Exemption | — |
| Zonas Francas (Free Trade Zones) | Free zone | — |
View source DGI