Blog

In Uruguay not every holiday is paid the same. There are 'non-working (paid)' holidays — Jan 1, May 1, Jul 18, Aug 25 and Dec 25 — and 'working' or common holidays (the rest). Here's, in plain terms, what you get paid whether you work or not on each. With the text of the law.

If you pay IRAE and reinvest in machinery, equipment or certain construction, you can exempt part of your income — no COMAP project, right in your own return. Here's how art. 53 works, with official quotes and what to confirm with an accountant.

Fuel, cigarettes, drinks, cars, cosmetics: many products carry IMESI, a tax charged just once and already embedded in the shelf price. Here's what it is, what it taxes, and why you — as a consumer or small shop — never file it. With the official quote.

If you have (or are thinking of opening) a corporation in Uruguay, there's an annual tax paid just for being an S.A.: ICOSA. Here's who pays it, that there's an amount at incorporation and an annual one, and that it works as an advance on the Wealth Tax. With official quotes.