Uruguay is a country that respects the rules of the game and the fundamentals of economic activity, for this reason we are in the first places in Latin America in the main indicators of Democracy, Transparency and Equity.
In Uruguay there are no differences in the treatment between national capital and foreign capital. Both have access to the same incentives for investment promotion. The tax system is also neutral with respect to foreign investment. On the other hand, there are no limitations on the transfer of benefits or the repatriation of capital.
Prior and Special Environmental Authorizations are required for all investments detailed in Law 16,466 on Environmental Impact, Law 17,288 on General Environmental Protection and Decree 349/005 regarding the Environmental Impact Assessment and Environmental Authorizations.