ESTABLISH YOUR OWN FREE TRADE ZONE COMPANY.
Chinese companies could have their own company in the Free Zone; therefore they are established as an Uruguayan company with all the advantages as follows:
• Exempted of all customs duties and VAT
• Exempted of all taxes charged at the time of import
• Exemption of all national taxes existing or to be created
• Exemption of profit taxes
• Set up a company with bearer shares.
• Industrial, Commercial and Service activities allowed
• Share holders may be national or foreign, individuals or juridical persons
• No local partners required
• No needs of License or business application for suppliers neither Import Export rights required
• No profits taxes
• Bank accounts are considered offshore accounts therefore are totally tax exempt.
• Free movement of capitals
• Free foreign exchange market
• Free circulation of precious metals, bonds, or any type of commercial/financial papers
• Trade, deposit, storage, processing, selection, classification, division, assembly, dismantling, handling or mixing of goods or raw materials of foreign or domestic origin.
• Laws, regulations or taxes exemption do not discriminate between local and foreign investors
• Exemption from social security contributions for expatriates
• Possibility to issue Warrants & Storage Certificates
• No specific time restrictions for goods stored within the Free Trade Zone
• The most dense road network of Latin America
• Montevideo’s port is one of the deepest in the region
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