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Uruguay: Updates to tax incentive regime for investment

Modified criteria for granting tax benefits

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february 13, 2026

The Executive Branch of Uruguay on December 23, 2025, issued Decree No. 329/025 updating the regulation of the investment promotion regime under Law No. 16.906.

The decree modifies the criteria applicable to the promotion of investment projects for the purpose of granting tax benefits.

The new regulation takes effect February 1, 2026, with transitional provisions allowing companies to submit projects under the previous regime until April 30, 2026.

Read a January 2026 report prepared by the KPMG member firm in Uruguay

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