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)

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November 10, 2025

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

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