Exemptions for investment projects

Exchange insights, tools, and strategies for canada dataset.
Post Reply
aburaihan66
Posts: 638
Joined: Thu Jan 02, 2025 7:14 am

Exemptions for investment projects

Post by aburaihan66 »

Example: if your company generates profits of 1,000,000 Uruguayan pesos (25,640 dollars) per year in Zonamerica, you will be exempt from 25% of the IRAE. This is equivalent to a saving of 250,000 Uruguayan pesos (6,410 dollars) per year.

Through the Investment Law, companies israel phone number library developing projects in priority sectors, such as infrastructure, renewable energy or tourism, can obtain significant tax deductions. These deductions can reach up to 100% of the investment made .

Example: If you invest 5,000,000 Uruguayan pesos (128,200 dollars) in a solar energy project, you could deduct that entire amount from your IRAE tax base.

Benefits from exporting services

Companies that export services are exempt from VAT on their international invoices. This includes sectors such as technology, design and digital marketing.
Post Reply