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

Aniversario

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

Zona Franca

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 […]

Economic report – december 2024

Economic report

In the recently concluded month of December, 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) as of December 31, 2024, shows a value of 81, representing a negative variation of -6.90% for the month. Additionally, when considering the last […]

Professional Audit for Safe Growth

Auditoría

In an increasingly complex business environment, it is essential to have audits that reinforce the trust and transparency of operations. Carlos Picos Consulting, with over 36 years of experience, positions itself as a strategic ally offering a comprehensive and personalized approach. Our services go beyond simple review; we provide detailed analysis and recommendations that optimize […]

The investment grows under the shelter of the Promoted Housing Law

ley de Vivienda Promovida

The latest data published by the National Housing Agency (ANV) indicate significant progress in the commercialization of properties under the promoted housing regime (formerly known as social housing). As of September 2024, 20,724 properties have been sold, a figure that includes sales, purchase promises, and reservation tickets presented by investors. Increase in Promoted Housing Sales […]

Agreement between Uruguay and Colombia to Avoid Double Taxation

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

Acuerdo fiscal UY 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!

Data Center en 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 […]