Tax Services

Carlos Picos & Asociados Tax Team consists of a highly qualified team of professionals who have vast experience and knowledge which enable them to provide an agile, comprehensive, specialized and excellent quality advice.

With the aim of being updated on a permanent basis with regard to current changes in laws and regulations, our professionals are actively trained and keep their specialization updated at local and international levels and they have completed Graduate Studies and Masters in prestigious national and foreign Universities.

Tax Team professionals provide agile and efficient corporation and individual counseling.

Services include advice, tax planning and procedures in all instances.

Among the various services provided we include:

  • Tax audits.

  • Comprehensive Due Diligence Procedures.

  • Local and International Tax Advice.

  • Application of International Conventions in order to prevent Double Taxation and Tax Information Exchange.

  • Answers to consultations.

  • Presentation of consultations before tax authorities.

  • Diagnosis of companies’ tax situation and advice to customers before tax administration offices.

  • Corporate restructure.

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Legal Services

We have our own office located at Zonamerica. There, we provide legal and tax counseling to companies that want to operate in some of the Free Zones existing in Uruguay.

We also offer advice and assistance in processing the Business Plan and the corresponding authorization for companies, carrying out the User license to operate under such modality.

Among various services, we include:

  • Comprehensive Corporation Advice at national and international level.

  • Advice and application of Agreements to prevent Double Taxation and for Tax Information Exchange.

  • Analysis and Reports of Transfer Pricing.

  • Advice in special regimes matters.

  • Tax advice.

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Accouting Services

Carlos Picos & Asociados Accounting Department consists of a highly qualified team of certified public accountants and professionals that provide Accounting Outsourcing services to firms that work within any Uruguayan Free Zone and to foreign firms as well.

The increasingly complex international tax regulations demand a thorough knowledge and significant expertise in matters such as tax planning, treaties to avoid double taxation and transfer pricing, among other issues.

In addition, recent changes in jurisdictions such as Belize, BVI, Seychelles, Hong Kong, among other jurisdictions, demand to keep updated the accounting records of the firms established there.

Such accounting records can be carried out anywhere in the world being always available to be presented before the corresponding control authorities. Our firm has the infrastructure, resources, knowledge and expertise necessary to provide an optimum, practical and convenient service.

Our work is based on:

  • Generally Accepted Accounting Services (GAAP)

  • International Financial Reporting Standards (IFRS)

Request your budget for your Free Zone company accounting services

Request your budget for your Offshore company accounting services


Free Zone corporations

We are experts in all the procedures related to the incorporation, management, bylaws amendments, capital increase, etc. of Free Zone Corporations (SAFZ). Likewise, we develop and follow our customers Business Plans and provide locations so that they can establish and develop their activity.

Free Zone Corporations (SAFZ) offer a wide and special scope of benefits for the development of some activities. Services provisions as well as the entrance of goods are exempt of any national tax, either created or to be created.

Main benefits

  • Full freedom in foreign exchange management

  • Free movement of capital and profits

  • They are not ruled by state monopolies

  • Issuance of warrants

  • State guarantee of investments

Request more information about free zone corporations and quotation

Offshore Corporations

Through our wide network of alliances customers count on professional support anywhere in the world either to incorporate corporations or to have the accounting, tax and legal services they may request.

We provide a wide range of corporations in the most prestigious jurisdictions in the world:

  • Bahamas

  • Belice

  • BVI

  • Costa Rica

  • Delaware

  • España - Entities Holding Foreign Securities

  • Hong Kong

  • Luxemburgo

  • Nevada

  • Panamá

  • Samoa

  • Seychelles

  • Uruguay

In addition, we carry out the procedures to open bank accounts in local and foreign banks.

Request more information and quotations regarding corporations