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3. Investing: Uruguay

Argentina. For full detail on Argentina, go to The Argentine Thread.

Investing in Uruguay: the investment law that guarantees equal treatment, admission without prior authorization and free transfer of capital and profits; the COMAP promotion regime, rewritten by Decreto Nº 329/025 from February 2026, with IRAE exonerations tied to an indicator matrix and full exoneration for very large projects; the free zone regime; and the few ownership limits that apply, such as the rule on companies holding rural land, each tied to the official text. For the Argentine side of trade, FX or tax treaty questions see The Argentine Thread guide.

Investor view. Uruguay screens no foreign investment, guarantees by law that capital and profits can leave, and now offers full IRAE exoneration on eligible investment for very large projects filed by 2027 or 2028, a rules based package that rewards capital committed to jobs, exports and the interior.

Foreign investment regime: guarantees, COMAP incentives, free zones and the few limitsUruguay admits foreign investment with no prior authorization or registration, gives it the same treatment as local investment and guarantees by law the free transfer abroad of capital and profits. Th