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Investment framework

Uruguay has clear investment encouraging policies (in general but with strong emphasis on foreign investment). Open regime, equal conditions for domestic and foreign investors. This includes easy conditions to establish new companies and develop businesses, access to credits, tax benefits, etc. Complete freedom regarding the amount of foreign capital to be invested as well as to sending back capital & dividends to country of origin (no restrictions).

Free Exchange rate market with no government intervention on price regulations. Investments can be done in any currency. Banking & taxing secrecy protected by law Possibility of establishing anonimous societies (investors identity protected). Solid finance market with strong presence of international banking controlled by the Central Bank of Uruguay

Independent & solid Judiciary Power. According to the Corruption Perception Index developed by Transparence International Uruguay in ranked 24th amongst 180 countries and is ranked 2nd in Latin America as the country with the lowest corruption indexes

Investment Promotion regime established by National Law N° 16906 under which the promotion & protection of both domestic & foreign investment is declare of national interest. Investors under law n° 16906 will be able to get significant tax benefits as the exoneration of Income Tax for maximum amounts and timeframes depending on the kind of project.

Legal protection of private property.