Uruguay enacts changes to Free Trade Zone regime
1 minuto On December 8, 2017, Uruguay’s Executive Power enacted Law No. 19,566, introducing changes to Law No. 15,921, which established the Free Trade Zone (FTZ) regime. The changes are effective March 8, 2018. The new law allows services rendered to third countries from the FTZ to also be rendered from the FTZ to corporate income taxpayers inside Uruguayan, non-FTZ, territory. The new law states that the requirement for 75% of an FTZ user’s employees to be Uruguayan could be reduced with authorization of Continue lendo→