Why Uruguay?

















From Uruguay
From ZONAMERICA


From Uruguay

The liberalization and opening policies implemented during the last decades as well as the due compliance with its international obligations have enabled Uruguay to have a favourable position in the international markets, and to develop a high reputation as a financial and operational centre in the region, with a long history of freedom and security.

These are some of the advantages that Uruguay offers:

The natural location of Uruguay empowers it as a suitable market for the location of logistics centres for the distribution of many companies which have storage centres.
It is located at similar distances from the main consumption centres of the region (by truck, 5 days away from Sao Pablo, Asuncion, Ciudad del Este, Santiago de Chile and 24 hours away from Buenos Aires)
The high level of education in Uruguay enables the development of highly qualified tasks.
The Port of Montevideo, a deep-water port, offers the lowest regional costs and is of easy access from any part of the region and to any part of the world. In addition, it has the status of Free Port.
The social and financial stability of Uruguay are a guaranty for foreign investors.
Setting up businesses in Uruguay does not require a local partner, in fact, all members of the Board of Directors of a company may be foreigners (ranging from one to seven members for Corporations).
State guaranty for the user through specific legislation on Free Zones.
After signing the Protocol of Ouro Preto on 17th December, 1994 MERCOSUR started to move towards a Customs Union. Uruguay covers a potential market of 200 million possible consumers.
The national banking systems offers competitive rates at an international level and offers good business prospects with Argentina and Brazil since financial costs in said countries are much higher.
The absence of state monopolies in the Free Zones.
The Uruguayan government allows free repatriation of capital and foreign currency.
The absence of personal income tax is important for those foreigners who have to pay said tax in their country of origin.

 

From ZONAMERICA

To the advantages of its country of origin, Estabilidad S.A: adds the countless benefits deriving from its location at Montevideo Free Zone, the most important Technological and Trade Area of the region.Modern facilities of services and communications are located in the Area so that our company can operate with the most advanced technological platform.

Complete office buildings
Leisure areas, gardens, squares
Own sewage system
Net of drinking water
Internal Net of Fibre Optics
Internet Server
Satellite Teleport
Container Terminals
Banking Services
Control of the access of vehicles and individuals
24 hours supervision with electronic control
Access system with magnetic card
Robbery/Fire Central Alarm
International Restaurant
World Trade Centre
Oficentro (Arroba)
To these technical and service benefits that Montevideo Free Zone offers, we should add customs and taxing advantages, such as:

100% exemption of tariffs and taxes both for companies which are registered at Montevideo Free Zone and for merchandise, services, assets and capital
100% exemption of customs duties for in transit merchandise
Control system of inventories developed by IBM
Customs Office within the Free Zone
Merchandise Insurance
Unlimited stay of the merchandise within the Free Zones
Fractionating and partial re-shipments with certificates of origin and of pre-shipment inspection.
Approval of Certificates of Origin with the possibility of fractionating for partial reshipments.
Issuance of Warrants and Deposit Certificates

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