Investment framework and opportunities in Uruguay

Procedures Relative to Foreign Investment

Freedom of Establishment: Yes
Acquisition of Holdings: A majority holding interest in the capital of a local company is legal in Uruguay.
Obligation to Declare: The Uruguay XXI body was specifically created to guide foreign investors through authorizations and formalities needed for implantation. This body has a centralizing role for all administrations and ministries to facilitate all procedures.
Competent Organisation For the Declaration: Central Bank of Uruguay.
Requests For Specific Authorisations: The ownership of companies developing activities relative to radio or television channels is limited to Uruguayan citizens.

Investment Aid Agency: Uruguay Investment and Export Promotion Agency
General Small and medium company office for ministry of industry
Tenders, Projects and Public Procurement: Tenders Info, Tenders in Uruguay
Inter-American Development Bank, Tenders in South America
DgMarket, Tenders Worldwide
Other Useful Resources: Commerce chamber of Uruguay.

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