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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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