Foreign direct investment grew up in Uruguay

By Pittaluga Abogados

According to the annual report of the United Nations Conference for Trade and Development (UNCTAD), foreign direct investment (FDI) in 2020 grew by 43% in Uruguay. This is the highest figure since 2012 and it occurs in a context of marked decline in FDI in Latin America and the world.

The report highlighted that the country had the lowest levels of COVID-19 infection in the region in that period and that US $ 625 million was invested through the Coronavirus Fund.
It also highlighted the dynamism of the technology industry and the implementation of increases in various tax benefits granted to eligible projects under the investment promotion regime.

Source: Uruguay XXI
Pittaluga Abogados

Pittaluga Abogados, has initiated its professional practice 20 years ago, as an Intellectual Property Law Firm.

After some years providing a specialized and top level service for foreign clients, many of them among the world premier companies, Pittaluga Abogados obtained a recognized international prestige in said field, which convert it into one of the leaders Intellectual Property Law Firms in Uruguay.

Thus, today in P&A we take pride in emphasizing that our goal has always been and will continue being, to keep a personal relationship with our clients, considering at all times the priorities of our clients as our own, with the belief that each one of them is unique and irreplaceable.

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