Monthly Economic Report

JULY 2025 SUMMARY COMMENTS In the recently concluded month of July, the evolution of the indicators we have been monitoring was as follows: Uruguay’s Country Risk (measured by the UBI Index published by República AFAP) stood at 70 as of 07/31/2025, representing a negative monthly variation of 11.39%. Likewise, over the past 12 months, this […]

Presentation of Investment Projects in Uruguay

At Carlos Picos Consulting, we accompany your project and maximize its tax benefits in Uruguay. We have a multidisciplinary team specialized in the presentation of investment projects before COMAP, under the investment promotion regime established by Law 16.906. We offer a comprehensive service that includes strategic planning and technical project drafting, complete management with government agencies, […]

Key Benefits for Investment Projects in Uruguay

Beneficios para inversores en uruguay

At Carlos Picos Consultora we can assist you in evaluating your investment project and managing both its submission and ongoing monitoring. Uruguay stands out in the region as a reliable and attractive destination for foreign investors. Among the various facilities are: a free foreign exchange market – no restrictions on the inflow or outflow of capital, the […]

Payment of Salary and Payroll

Liquidqación de Sueldo y Nómina

Simplify your process. Ensure compliance. Protect your business. At Carlos Picos Consultora, we offer you a specialized payroll management team, backed by technological tools and rigorous focus on efficiency, confidentiality, and regulatory compliance. We strive to maximize our client’s efficiency while minimizing risks, ensuring confidentiality, and complying with labour regulations. We provide the necessary information […]

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

Exoneraciones IRAE y Registro de Software

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

devolución IRPF

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 […]

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 […]