Simplified Joint Stock Companies The Simplified Joint Stock Company or (SAS in Spanish) is a new type of company created by law 19.820 of September 18, 2020.It was created with the purpose of promoting entrepreneurship and contributing to productive economic...

What is a Data Protection Officer or DPO? It is the person whose function is to advise on the formulation, design and implementation of Personal Data Protection policies, supervise compliance with the regulations and propose the measures deemed appropriate to comply...

You can obtain important tax benefits in Uruguay if you submit your investment project to COMAP: Exemption from Income Tax on Economic Activities (IRAE). Exemption from Wealth Tax (IP) Value Added Tax (VAT) reimbursement. Exoneration of taxes and duties on the...

In a year that started with good news for electric vehicles, after the elimination of the Internal Specific Tax (IMESI), Uruguayan authorities are analyzing the exemption of the Value Added Tax (VAT) to this segment. Currently, from the tax point of view, the only...

Law 19,820 relating to the promotion of entrepreneurship declares the promotion of entrepreneurship to be of national interest and establishes various incentives and facilities for entrepreneurs. Objective of the law: Article 1 of the Law 19,820 determines that the...