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Uruguay Expands Qualifying Shared Services Center Activities and Extends Incentives Period if New Jobs are Created

|Approved Changes|Uruguay
Uruguay

Uruguay published Decree No. 257/024 on 23 September 2024, which amends the incentive regime for shared service centers (SSC). Incentives of the regime include a 90% corporate income tax exemption on qualifying income. The Decree includes two main amendments to the regime.

The first amendment adjusts the definition of shared service centers to adapt it to the latest trends in the global econo…

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