Uruguay Corporate Income Tax
Detailed corporate income tax rates and rules for Uruguay in 2026.
Uruguay imposes a 25% corporate income tax (IRAE - Impuesto a las Rentas de las Actividades Económicas) on Uruguayan-source income from business activities. Foreign-source income is generally exempt. Companies in free trade zones (zonas francas) are exempt from all national taxes, including IRAE, making Uruguay's free zones very attractive for international businesses. Small businesses with annual income below certain thresholds may opt for a simplified small business tax (Monotributo or IMEBA) instead of IRAE. Monthly advance payments are required.
Standard Rate
25%
How Uruguay Corporate Tax compares
Uruguay’s corporate tax rate of 25% is the 69th highest of 203 countries TaxAtlas tracks, above the global average of 22.2% and South America’s regional average of 28.4%.
