At the Second Binational Agricultural Conference, Florencia López, coordinator of the Investment Law Implementation Commission, reviewed changes to Uruguay’s general investment promotion regime that have applied since February. The framework gives micro, small and medium-sized enterprises additional points toward corporate income tax exemptions and more time to use the benefits, while also increasing support for large-scale projects. The revised assessment matrix bases tax benefits on employment, exports, decentralization outside Montevideo, environmental sustainability, technological adaptation and strategic activities. Agricultural businesses may qualify under multiple indicators, and eligible investment now includes biological assets such as bulls and semen when linked to genetic improvement and infrastructure that raises livestock productivity. The commission is also reviewing procedures and incorporating artificial intelligence to diagnose its project portfolio and accelerate evaluations. Alongside digital applications through the Single Investment Window, these changes helped lift recommended projects from a stated monthly average of 116 in early 2026 to 386 in August, following 248 in May, 239 in June and 312 in July.
2026-09-04Ministry of Economy & Finance (Uruguay)
Uruguay's Ministry of Economy and Finance highlights broader investment tax incentives and rise to 386 project recommendations in August
Uruguay’s Ministry of Economy and Finance highlighted expanded investment tax benefits for smaller businesses, large-scale projects and agricultural investment under rules effective since February. A revised indicator matrix determines corporate income tax exemptions, while procedural changes, artificial intelligence and digital applications helped raise recommended projects to 386 in August.