Requirements for Tax Residency in Uruguay
Obtain tax residency in Uruguay quickly and securely. Our team of professionals will guide and support you through every step of the Tax Residency application process. It is not necessary to be a legal resident or have previous ties to Uruguay. Our services include all procedures before Uruguayan authorities to establish tax residency. We also […]
Wealth Tax
How do I know if I need to pay the wealth tax in Uruguay? It’s a question that many people ask, and sometimes the answer isn´t so simple, so professional support may be required. The Wealth Tax in Uruguay is a levy on the net worth of individuals, undivided inheritance, and legal entities. This tax […]
Filing of the IRPF Tax Return in 2025
Starting July 7 and running through August 28, the IRPF sworn tax return for 2024 must be filed, as well as the Social Security Assistance Tax (IASS) Both IRPF and IASS are annual taxes. Although employers or social security institutions make monthly withholdings on salaries and pensions, the taxes are calculated based on the total […]
Monthly Economic Report
Summary Comments – May 2025 Uruguay´s Country Risk (as measured by the UBI Index published by República AFAP) stood at 85 as of May 30, 2025, representing a monthly decrease of 11.46%. Over the past 12 months, the index increased by 18.06% despite ongoing volatility in the international geopolitical landscape. For instance the continued […]
Carlos Picos Consultora obtains the license to use the Country Brand “Uruguay Natural.”
Carlos Picos Consultora has recently been certified by LSQA as a licensed company of the Country Brand “Uruguay Natural”, a recognition that reinforces its commitment to excellence, international projection, and the distinctive values of Uruguay. The “Uruguay Natural” Country Brand, promoted by Uruguay XXI, aims to promote and position Uruguay globally by highlighting the quality […]
Comprehensive Notarial Service
Efficiency, legal support, and personalized attention At Carlos Picos Consultora, we have added our own Notarial Service to our portfolio, designed to complement and streamline all the legal and commercial procedures our clients need, without relying on third parties. Having an in-house notarial team allows us to offer an efficient, secure, and centralized solution, backed […]
Carlos Picos Consultora was honored by the Uruguayan Arab Chamber of Commerce and Industry
Carlos Picos Consultora has been recognized by the Uruguayan Arab Chamber of Commerce and Industry, along with several members of its team, for its valuable contribution to strengthening commercial relations between Uruguay and the Arab countries. The award was presented during the first cultural event organized by the Chamber, titled “Arab Film Series – A […]
Uruguay Moves Forward with Recognition of Legal Citizens
As of April 23, Uruguay has been issuing passports that officially recognize legally naturalized individuals born abroad as ‘Uruguayans’.”. This historic change benefits not only those who had already acquired legal citizenship but whose status as Uruguayans was not reflected in their travel documents, but also thousands of legal residents who have chosen Uruguay as […]
37th Anniversary
On 22 March we celebrated our 37th anniversary. Accountant Carlos Picos founded the company in Montevideo in 1988. In 2005 we established our branch office in Buenos Aires Argentina, with the aim of providing cross-border solutions to Uruguayan, Argentinean and international clients. In 2008 we opened an office in Zonamerica, the main free trade zone […]
Expanding Uruguay-Dubai business
On 13 March 2025, Carlos Picos Consultora participated in an important meeting with Dubai Chamber International and the commercial team of Zonamerica. This meeting was attended by Martin Ridley, Head of the International Office of the Dubai Chamber of Commerce for the region, who shared valuable information on the advantages and facilities of establishing in […]
