Manufacturing industry

Manufacturing companies have identified Uruguay as an ideal platform to access Latin America, thanks to a series of competitive advantages that distinguish it from other countries in the region.

Some of them are:

• Highly competitive tax incentives
• Producing in Uruguay you can obtain the Mercosur origin and therefore export duty-free to a market of 400 million people
• 30 Investment Promotion and Protection Agreements in force
• 20 Agreements to avoid Double Taxation
• Highly competitive tax incentives
• Most reliable electricity supply in Latin America, coming from 98% of renewable sources
• Qualified, stable and friendly staff

Multinationals from a wide range of industries have already established their manufacturing operations in Uruguay, among which VELCRO, BONSET stand out.