LOGISTICS / WHY URUGUAY?

URUGUAY : THE GATEWAY

Know the benefits Uruguay offers with its strategic location and a legal framework that fosters growth and development of business in Latin America.

250 million people
only hours away.

A STRATEGIC LOCATION

Uruguay is in a strategic location which makes it be the natural gateway to Latin America.

Having the capacity to act as an intelligent hub for regional distribution, the most important cities are only hours away.

A UNIQUE LEGAL FRAMEWORK

Through the Free Trade Zones Law (N 15.921) Uruguay offers an optimal legal framework for regional logistic operations.

Uruguay offers total transparency, safety and continuity to international companies that want to operate as regional distributors.

• COMPARISON OF LEGAL SYSTEMS FOR LOGISTICS ACTIVITIES
• FREE ZONE
• FREE PORT AND
  FREE AIRPORT
• BONDED
  WAREHOUSE

• Duties to introduce goods to:
• No
• No
• No

• Duties upon entrance to Uruguay (import) of goods originating from MERCOSUR
• Yes
• No
• No

• No Duties upon entrance to Uruguay (import) of goods with MERCOSUR origin exported from:
• Yes⁴
• No
• No

• Duties upon entrance to other MERCOSUR member states of goods from rest of world exported from:
• Yes
• No
• No

• Ability for non-industrial logistics manipulation, including change of goods destination
• Yes
• No
• No

• Ability for industrial manipulation
• Yes
• No
• No

• Maximum stay
• Indefinite
• Indefinite
• 1 year

• Tax payments by user (income tax, wealth tax)
• No5
• Yes6
• Yes

• Tax payments on circulation of goods within enclave (VAT)
• No
• No
• No

• Ability to change owners within enclave
• Yes
• Yes
• Yes

• Option to waive social security payments for foreign staff
• Yes
• No
• No

• State monopolies in force7
• No
• Yes
• Yes

• Right to carry out activities requires contracts and/or special registrations in Uruguay
• Yes⁸
• No⁹
• No

• Authorizations or formal procedures with government agencies required to carry out operations
• Yes
• No
• Yes

WELCOME TO URUGUAY

GENERAL INFORMATION

• Oficial Name
• República Oriental del Uruguay

• Location
• South America, bordering Argentina and Brazil

• Capital
• Montevideo

• Surface Area
• 176,215 km² (95% of the territory has soil suitable for agriculture and livestock activities)

• Population
• 3.3 million

• Population Growth
• 0.3% (annual)

• Per Capita GDP (PPP)
• US$ 13.019

• Cuerrency
• Uruguayan Peso ($)

• Literacy
• 98%

• Life Expectacy at Birth
• 76 years

• Form of Goverment
• Democratic republic with presidential system

• Political Divisions
• 19 departments

• Time Zone
• GMT-03:00

• Ofcial Language
• Spanish

• PBI (2011):
• USD 46.710,00

• PBI Per Cápita (2011)
• USD 13.861,00

• Inflation (2011)
• 8.60%

• Unemployment Rate
• 6.0%

POLITICAL AND SOCIAL STABILITY RANKING

• URUGUAY IN
  SOUTH AMERICA
• URUGUAY IN
  THE WORLD

• Democracy Index
  (Economist Intelligence Unit, 2012)
• 1
• 18

• Low Corruption
  (Transparency International, 2012)
• 1
• 20

• Economic Freedom
  (Heritage Foundation, 2013))
• 2
• 36

• Global Peace Index
  (Institute For Economics & Peace, 2012)
• 2
• 55

• Political and Economic Transformation
  (Bertelsmann Foundation, 2012)
• 1
• 4

• Business Climate Index
  (Getulio Vargas Foundation $ IFO, Jan. 2013)
• 2
• -

• Quality for Living
  Mercer Quality Of Living City Ranking, 2012))
• 1
• 77

• Human Development Index
  (United Nations Development Program, 2012)
• 3
• 51

• Worldwide Governance Indicators
  (World Bank, 2010)
• 2
• -

• Democracy Index
  (The Economist Intelligence Unit, 2012)
• 1
• -

• Corruption Index
  Transparency International, 2012)
• 1
• -

• Economic Climate Index
  (FGV & IFO, 2012)
• 2
• -

• Prosperity Index
  (Legatum Institute, 2012)
• 1
• -

• Index of Economic Freedom
  (Heritage Foundation, 2013)
• 2
• -

• Global Peace Index
  (Institute For Economics & Peace, 2012)
• 2
• -

• Index of Press Freedom
  (Reporters Without Frontier, 2013)
• 1
• -

All pictures in this page courtesy of jikatu