Legal / Tax aspects
Legal aspects: In Uruguay, natural persons as well as legal entities are allowed to be the owners of agricultural and livestock exploitation enterprises. There are no restrictions in this regard, neither for the national territory in general, nor for specifically defined areas, as to the owner being of legal age or not, or being a citizen of the country or a foreigner (whether a legal resident or not). There are no impediments for any of the partnership forms, such as, for example: collective partnerships, limited partnerships, limited corporations, public corporations, etc.
Tax aspects: Following is a short description of the tax system applicable to agricultural activities in Uruguay. It consists mainly of three main groups of taxes.
