Uruguay: Proposed tax incentives to promote investment
Full corporate income tax exemption for projects over USD $30 million (started by end-2027) and USD $50 million (started by end-2028)
Uruguay in August 2025 announced plans to introduce new investment incentives, including a full corporate income tax exemption for projects over USD $30 million (started by end-2027) and USD $50 million (started by end-2028).
Measures also include simplified approval for projects under USD $5 million, support for MiPYMEs, and incentives for hiring underrepresented groups.
A new agency—Dinaii—will oversee implementation.
For more information, contact a KPMG tax professional in Uruguay:
Luis Aisenberg | luisaisenberg@kpmg.com