Agreement between Uruguay and Colombia to Avoid Double Taxation
On September 23, 2024, the Parliament of the Oriental Republic of Uruguay approved Law No. 20,367, which ratified the agreement between Uruguay and the Republic of Colombia to eliminate double taxation on income and wealth taxes, as well as to prevent tax evasion and avoidance. The agreement will enter in force once both countries have […]
Tax Information exchange agreement between Uruguay and USA
On 19 September 2024, Law No. 20.351 ratifying the Agreement between the Oriental Republic of Uruguay and the United States of America for the Exchange of Information on Tax Matters, signed on 24 October 2023 in Montevideo, was approved. The rule will enter into force one month after Uruguay notifies the United States in writing […]
Google Inaugurates its Innovative Data Center in Uruguay!
The tech giant, Google, has taken a key step towards the future by inaugurating the construction of its much-anticipated Data Center in the Science Park of Canelones. This project, with an investment of US$ 850 million, promises to transform the outlook of technology in Uruguay and Latin America. With the presence of prominent authorities, business […]
Economic report – Summary comments for august 2024
Below you will find a brief of the evolution of indicators that we have been tracking, In the recently concluded month of August: Uruguay’s Country Risk (measured by the UBI Index published by República AFAP) as of August 30, 2024, shows a value of 66, representing a monthly decrease of 22.35%. Likewise, considering the last […]
New notice from the IMM for individuals seeking Uber and Cabify permits
The Municipality of Montevideo has issued a new notice for individuals interested in obtaining permits to operate as drivers for passenger transport platforms such as Uber and Cabify. This process aims to ensure gender-balanced participation, with an equal number of men and women on a priority list that will be issued for the applicants who […]
Labor and employment Law in Uruguay
Below you will find information about Uruguayan L&E Law, the main framework and an overview of how our employee compensation is composed. Types of contracts: In Uruguay, there are several different types of contracts when it comes to hiring an employee. For instance, it could have a fixed term (temporary contract) or not (permanent contract). […]
Incorporation of Companies in Dubai in DUBAI – United Arab Emirates taxes 0%
Dubai – one of the Arab Emirates – has become a true international business center in recent years, mainly due to its pro-business policy and its flexible legal and tax system, which allows investors to optimize the taxation of their company, enjoying a brand image and prestige. An offshore company in Dubai is a company […]
Important benefits for investment projects in Uruguay
A few days ago Carlos Picos Consultora presented a new investment project for an international firm that is coming to invest in Uruguay in process improvements for public and private banking. It is a very important benefit that has been widely applied by national and foreign investors. As an example, between January and August 2022, […]
Family Law Services.
Our legal specialists have the suitability and experience to advise you on the various complexities of Family Law. Both nationally and internationally. As its name says, Family Law is the set of legal rules that regulate matters involving family members. This branch of law falls within the scope of Civil Law, which regulates the main […]
Services in Labor Law in Uruguay
If you are planning to establish or solve Labor Relations in Uruguay, you will need to ensure the correct application of Uruguayan labor legislation. This will involve securing the services of an attorney you trust. The work carried out by the professionals of Carlos Picos Consultora in the discipline of Labor Law has led our […]
