Americas · Tax guide
Uruguay
Uruguay taxes company profits (IRAE) at 25%, adds a net worth tax of 1.5%, charges VAT at 22%, and requires electronic tax receipts. Large groups pay a domestic minimum top-up tax. Taxes are administered by the General Tax Directorate (DGI).
At a glance
- Corporate income tax (IRAE)
- 25%
- Net worth tax
- 1.5%
- VAT (IVA)
- 22%
- Non-resident income tax
- 12%
- Domestic minimum top-up tax
- 15%
Minimum monthly IRAE for smaller companies
On companies
Reduced rate for basic goods
Dividends 7%
Large multinational groups
IRAE and net worth tax
Companies pay IRAE at 25%, with a minimum monthly amount for smaller companies, and a net worth tax of 1.5% on their net assets. Very small businesses can pay a fixed minimum VAT instead.
VAT and electronic receipts
VAT is 22%, with a reduced rate on basic goods. Electronic tax receipts (CFE) are mandatory for all taxpayers.
Payments abroad and the minimum tax
Payments to non-residents carry non-resident income tax (IRNR) of 12% on services, royalties and interest, and 7% on dividends. Large multinational groups pay Uruguay's domestic minimum top-up tax at 15%.
Key dates
- MonthlyVAT and IRAE advance payments
- Four months after the year-endAnnual IRAE and net worth tax returns
Figures and sources
6 figures- Corporate income tax (IRAE) rate25%Under professional review
- Net worth tax (IP) rate for companies1.5%Under professional review
- Standard VAT (IVA) rate (10% reduced)22%Under professional review
- Non-resident income tax (IRNR) on services, royalties and interest12%Under professional review
- Tax on dividends paid to non-residents7%Under professional review
- Domestic minimum top-up tax rate15%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Uruguay based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Uruguay (a Uruguayan contador público) before making compliance decisions.