Next Generation Partners

Tax in Uruguay

Ferrere

Ferrere's tax department sets the standard for excellence in tax advisory and litigation, delivering innovative solutions to complex tax issues. Working in collaboration with its corporate, finance and customs teams, the practice has a strong track record of success in high-stakes disputes and structuring sophisticated tax strategies. Practice head Gianni Gutiérrez is a leading tax expert, renowned for handling complex disputes, M&A structuring and tax optimisatio. Isabel Laventure, a top tax specialist, focuses on M&A and wealth planning. María Laura Caffera, an expert in customs and foreign trade taxation, leads the customs practice. Senior associate Antonella Caraballo specialises in tax and customs matters, plays a key role in tax litigation.

Responsables de la pratique:

Gianni Gutiérrez


Autres avocats clés:

Isabel Laventure; María Laura Caffera; Antonella Caraballo


Les références

‘The Ferrere team reassures us, considering we are a foreign group that invested in Uruguay. They have been our primary advisors in various matters, including tax matters. Their contribution lies in their understanding of client needs, and speed and responsiveness.’

‘Market knowledge and understanding of client needs. Gianni Gutierrez.’

‘What makes this practice unique is its focus on precision, personalised service and the pursuit of efficient solutions for each case. The team’s ability to combine legal expertise with a deep understanding of its clients’ businesses is a key difference.’

Principaux clients

Uber


DirecTV


JPMorgan Chase


JetSmart


Archer Daniels Midland


Hidrovias do Brasil


IBM


Pluspetrol


Colgate Palmolive


Syngenta


UBS


Nestlé


Sabre


DEME Group


Essential Energy


WarnerMedia Direct Latam


Berlitz


Institut Pasteur


Joint Distribution Committee


Scotiabank Uruguay


Diageo


BASF


Siemens


Kemira


Banco de la República Oriental del Uruguay


Infogain


Auckland BioSciences


Novartis


Alfanar Energía


Embraer


Sony Entertainment Network


Fiserv


Principaux dossiers


  • Advised Embraer on the sale of a fleet of A-29 Super Tucano aircraft to the Uruguayan Air Force.
  • Successfully represented one of the main Uruguayan private hospitals in the challenge of a resolution by the Social Security Agency declaring that the hospital’s tax exemption did not cover social charges for special services.
  • Advised Nuseed in a transaction that involved the purchase of assets of the Uruguayan company LEBU, a local company in seed production and distribution, marking the entry of the Nuseed group into the Uruguayan market.

Guyer & Regules

Guyer & Regules’ tax department is globally recognised for its expertise and market influence. Led by the esteemed Juan Manuel Albacete, the team specialises in tax planning, M&A structuring, transfer pricing and dispute resolution, advising multinational corporations, financial institutions and governmental entities. Albacete is a leading expert in litigation and consultancy, handling tax restructuring, planning, and major M&A and finance deals. Associate Marcelo Marchetti focuses on corporate taxation, M&A tax issues and litigation before tax courts, including the Supreme Administrative Court. Gastón Lapaz specialises in complex tax disputes and litigation, advising major clients. Associates José Ignacio Arbulo and Santiago Pacheco provide expert tax advice to local and international companies and individuals, focusing on cross-border operations and investment taxation.

Responsables de la pratique:

Juan Manuel Albacete


Autres avocats clés:

Marcelo Marchetti; Gastón Lapaz; José Ignacio Arbulo; Santiago Pacheco


Les références

‘Everyone stands out! I’ll start with partner Juan Manuel Albacete; his ability and years in the industry give him such extensive and in-depth knowledge that he provides solutions almost instantly, always well-argued and justified.’

‘G&R’s tax team has a deep understanding of the subject matter like no other law firm in Uruguay. They also understand the business to the fullest extent of their clients’ needs.’

‘In addition to having a very deep knowledge of the law, they have a personal and close approach, understand their clients’ needs, and are efficient. They don’t feel like external advisors but rather like partners because they are deeply involved in the business and go very deep. Partner Juan Manuel Albacete stands out above any other tax lawyer in Uruguay; he is, without a doubt, the best lawyer in the field.’

Principaux clients

Citibank


Itaú Bank


Goldman Sachs


Barclays Capital


BNP Paribas Securities


BBVA


Julius Baer


Heritage


AXION


Mercado Libre


Total


Emirates


Corporación América


Louis Dreyfus Company


Bunge Agritrade


Cargill


Unilever


Philip Morris


VRG Linhas Aéreas


Tyco


Corporación Vial


Asociación de Bancos


Cabify


Parden


Ocean Network


Overactive


Principaux dossiers


Bergstein Abogados

The Tax team at Bergstein Abogados is renowned for its expertise and client trust, advising multinational corporations such as TikTok, JP Morgan and Oji Paper Co. With a highly experienced team, the firm's strengths include e-commerce taxation and advice on tax residence transitions. Practice head Domingo Pereira is a top tax expert, specialising in planning, wealth management and litigation. Jonás Bergstein advises on M&A, finance and international tax and has served as an arbitrator in high-profile cases. Senior Associate Guzmán Ramírez, a seasoned tax litigator, is another key member of the team. The June 2024 addition of associate Tamar Bergstein has strengthened the practice's international tax planning offering.

Responsables de la pratique:

Domingo Pereira


Autres avocats clés:

Jonas Bergstein; Guzman Ramirez; Tamar Bergstein


Principaux clients

Oji Paper Co.


TikTok


JP Morgan


Hertz Uruguay


Swan Hellenic Cruises


Masha Media


Paragon Construction Consulting


Natura & Co.


NovaAgri


Principaux dossiers


  • Advised Oji Paper Co. on the local tax implications associated with the acquisition of forested lands.
  • Advised TikTok on the tax implications of the performance of its services under the Uruguayan Digital Services Tax Act.
  • Advised JP Morgan on the taxation implications associated with the purchase of receivables in Uruguay.

Dentons Jiménez de Aréchaga

The tax team at Dentons Jiménez de Aréchaga offers a multidisciplinary approach which encompasses business structuring, tax planning, project finance, M&A and regulatory compliance. Its work spans key sectors such as finance, construction, energy and tech, advising major corporations like Google, PepsiCo and Santander. The team is led by Julio López, a highly skilled individual with extensive expertise in tax matters. Lopez’s comprehensive advisory services cover complex tax structures, regulatory interpretations and compliance. Senior associate Martin Montoro specialises in corporate taxation, investment structuring and international tax matters. Over the past year, Montoro has advised foreign investors, including Zapag Group, on structuring investments in Uruguay.

Responsables de la pratique:

Julio Lopez


Autres avocats clés:

Martín F. Montoro


Les références

‘We are very satisfied with the service.’

Principaux clients

Santander


Mondelez


Google


Arcos Dorados


S.A. de Obras y Servicios, COPASA


Viscofan


PepsiCo


Marfrig


Zapag Group


Lanas Trinidad


Investments Coporation of Dubai


Principaux dossiers


  • Advising the Zapag Group of Paraguay on tax planning and structuring for an investment of USD 200M for the construction and operation of a new port terminal in the Uruguay River coastline for transportation of cellulose and biofuel from Paraguay.
  • Advising Nexzur S.A. on a lawsuit against the Government of Montevideo for a big tax reimbursement of USD 50M of undue payments corresponding to the Safety and Circulation Controller Tax for Vehicles Transporting Flammable Products for the period August 2013 through August 2023.
  • Advising Banco Santander S.A. and other financial institutions of the Santander Group in Uruguay on several tax audits carried out by Local Governments related to municipal taxation.

Bragard Abogados

Bragard Abogados provides expert tax advice to clients across various sectors, including tech, media and energy. The practice also manages tax due diligence and offers strategic fiscal guidance. The team is led by Agustina Bomio, who brings extensive international tax expertise, as well as Jean Jacques Bragard. Also leading, Cynthia Carballo contributes significantly to the team’s success with her active involvement. Additionally, Juan Bonet joined from Deloitte (Uruguay) in June 2024, bringing extensive experience advising national and international companies on tax, corporate and administrative matters across various industries.

Responsables de la pratique:

Agustina Bomio; Juan Bonet; Cynthia Carballo; Jean Jacques Bragard


Principaux clients

Amplifon


SURA Group


El Observador


Estudio Gomez Platero


URU


Canarias


Republica Negocios Fiduciarios


Stiler


Max Capital Valores


Tienda Inglesa


AS Sports-Centro Enfoque


The Grain Leader


Disa Group


Principaux dossiers


  • Advised Amplifon on regulatory matters and tax aspects of an important transaction.
  • Advised El Observador on tax issues regarding its expansion into new regions.

Hughes & Hughes

The tax department at Hughes & Hughes offers highly specialised and multidisciplinary tax advice. The team excels in complex corporate transactions, infrastructure projects, tax planning, double tax treaties, audits and tax litigation. Alejandro Horjales, practice head, brings significant experience advising national and international companies on corporate law, tax and investment in Uruguay, specialising in M&A, corporate structures and transfer pricing. The department is further supported by Miguel Rocca, a Certified Public Accountant and tax specialist, and Magela Ramon, an associate with expertise in dispute resolution, tax law, and foreign trade matters, complemented by her experience at the Uruguayan Tax Authority.

Responsables de la pratique:

Alejandro Horjales


Autres avocats clés:

Miguel Rocca; Magela Ramón


Les références

‘Office with the experience and specialised knowledge of accounting, finance and tax in each of the countries in which it operates. Updated and immersed in the technological advances of our era.’

‘Personalised attention, availability and high performance in customer service. I do not individualise the recommendation to anyone in particular since the attention at all institutional levels is excellent, and that speaks to the good team they have as a firm.’

Principaux clients

AFRY Group


Balsa & Asociados


Pestana Group


Adidas


Lojas Renner


Aerolineas Argentinas


Constructora Prudence


SACCO


Solenis


RED SOS


Puerto Capurro Consortium


PPL Consortium


Saneamiento Consortium


Electricity Consortium


Veridos México and Veridos


Principaux dossiers


  • Advising Afry Group-af Poyry on the relevant tax aspects of its installation under the general tax regime and the free zone regime, in order to operate in Uruguay.
  • Advising Surinor on all the relevant tax aspects of its installation in Uruguay and continues advising the company in tax matters, such as administrative procedures.
  • Advising the PPL Libertad Consortium on the initial stages and in tax matters relating to the construction of three new prison units in the town of Libertad, department of San José.

Brum Costa Abogados

Brum Costa Abogados excels in delivering tax law services to both national and international markets. The tax department specialises in corporate tax advisory and tax litigation, particularly focused on tax inspections, audits and debt determinations. With deep expertise in the financial market, the department advises clients like the Montevideo Stock Exchange and stockbrokers on CRS, B.O. regulations and compliance. Additionally, it provides advice to clients in the software sector and free trade zones. The team is led by Leonardo Costa, an expert in financial market tax law, and supported by associate Florencia Capelli, a specialist in tax law and Free Zones taxation.

Responsables de la pratique:

Leonardo Costa


Autres avocats clés:

Florencia Capelli


Principaux clients

Distribuidora Uruguaya de Combustibles


Cámara de Zonas Francas del Uruguay


Laboratorio Tecnológico del Uruguay


Fondo Social de la Construcción


Instituto Nacional de Carnes


Bolsa de Valores de Montevideo


Salado Films


Principaux dossiers


  • Advising DUCSA on the filing of an action of unconstitutionality against tax legislation that contravened the Constitution, as it violated the Principles of Equality and Legality in Tax Law.
  • Advising Bolsa de Valores de Montevideo on compliance with the obligations established by tax regulations and by the requirements of the Tax Administration, such as CRS regulations.
  • Advised Salado Films on the tax aspects of the SENNA series produced by Netflix.

Hessdörfer Tax & Corporate

The tax and corporate department at Hessdörfer Tax & Corporate advises both local and multinational companies on tax regulations, business structuring and tax planning. The practice has earned a strong reputation for handling complex tax disputes and providing advisory and structuring services in Uruguay and internationally. It has an impressive client roster and has advised SGF Global in the acquisition of Adecco Uruguay. It is led by Andrés Hessdörfer, a highly respected tax expert with extensive experience in managing intricate matters and cases.

Responsables de la pratique:

Andrés Hessdörfer


Les références

‘It’s a boutique firm with excellent tax practice management and constant access to the professional handling the case. In this regard, it compares very favorably with other firms and lawyers in the market.’

‘Agility, knowledge, flexibility and accessibility, especially in relation to Andrés Hessdorfer.’

‘A highly trained team committed to the customer.’

Principaux clients

Jars Labs


Grupo Fiancar


Element14


SGF Global


Principaux dossiers


  • Advised SGF Global on the acquisition of Adecco Uruguay.
  • Provided tax advice and representation in obtaining a favourable tax ruling to a payment processor, regarding tax benefits applicable to new means of payment.