LATAM: Foreign Investors Survey 2017 ttitude Consulting
URUGUAY
Greater Attractions
Democratic stability and adherence to standards. Focused on attracting investment and protection of existing ones. 2013 investment: the highest since 1948( investment / GDP). One of the most open to foreign direct investment in Latin America( annual flows received: 5 % of GDP).
Political Risks?
No. Democracy is always solid. Respect for institutions. Union of parties in cases of crisis. All traditional parties for 180 years.
Adequate Labor Laws?
Many aspects to improve. It should adapt legislation( or its application) to the current reality but this does not prevent investors from choosing Uruguay.
Adequate Transparency and Corruption Framework?
Rankings of International Transparency and World Audit: Uruguay is the country with the lowest corruption in Latin America( ranked 21 globally and 18, respectively).
Suitable Fiscal Framework for Foreign Investment?
Yes. Equal treatment for foreign and local investments. Promotional regimes with significant tax benefits.
Proper Framework for Promotion and Mutual Investment Protection?
Yes. Promotion of projects for $ 7,000 million since 2013. Good investment protection( long democratic tradition and respect for contracts). Very transparent justice. Bilateral treaties with nearly 30 countries( Canada, Germany, USA, Spain, France, England, Holland, Panama, Korea, Japan, Israel...).
Advantages of Your country over Others in the Zone
Institutional stability, strong separation of powers, legal certainty, low level of corruption, education, equal treatment and protection of foreign investment with significant tax benefits. Ideally located at the end of the waterway( outlet to the Atlantic). World-famous port.
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