As of 19 October 2026, Uruguay’s Commission for Investment Promotion (COMAP) has enabled the online submission of the Compliance Affidavit for Decree Nº 268/020 through the Single Investment Window (VUI). This decree regulates the Investment Promotion Law (Law 16.906), which grants significant tax incentives such as IRAE (corporate income tax) exemptions, wealth tax relief, and VAT benefits for approved investment projects. The affidavit filing becomes mandatory starting December 2026 for all beneficiaries seeking to maintain their tax advantages. The digital platform aims to streamline compliance verification and reduce administrative burdens for investors.
Key Takeaways
- Digital Compliance Gateway: The VUI portal now accepts the sworn declaration of compliance, replacing paper-based processes and allowing real-time monitoring of investment commitments tied to tax benefits.
- Mandatory Deadline: All companies with promoted investment projects must file the affidavit via VUI from December 2026 onward; failure to comply may result in the revocation of granted tax incentives.
- Tax Incentive Preservation: The affidavit certifies that the investment project meets the employment, production, and regional development criteria required under Decree 268/020, directly linking operational compliance to continued tax exemption eligibility.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement