In Decree No. 156/022, the Uruguayan Ministry of Economy and Finance (Ministerio de Economía y Finanzas, MEF) extended the period to make investments under the promotional regime regulated by Decree No. 329/016 from 31 December 2022 to 31 December 2023.

The decree was published in the Official Gazette on 17 May 2022 and is effective as of that date.

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For additional information with respect to this Alert, please contact the following:

EY Uruguay, Montevideo

• Martha Roca | martha.roca@uy.ey.com
• María Inés Eibe | ines.eibe@uy.ey.com

Ernst & Young LLP (United States), Latin American Business Center, New York

• Lucas Moreno | lucas.moreno@lan.ey.com
• Ana Mingramm | ana.mingramm@ey.com
• Pablo Wejcman | pablo.wejcman@ey.com
• Enrique Perez Grovas | enrique.perezgrovas@ey.com

Ernst & Young Abogados, Latin America Business Center, Madrid

• Jaime Vargas | jaime.vargas.c@es.ey.com

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

• Lourdes Libreros | lourdes.libreros@uk.ey.com

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

• Raul Moreno, Tokyo | raul.moreno@jp.ey.com
• Luis Coronado, Singapore | luis.coronado@sg.ey.com