Legal counsel to the Uruguayan Chamber of Free Shops

Legal counsel to the Uruguayan Chamber of Free Shops

During 2013, our firm provided legal counsel regarding the constitution of a permanent dialogue roundtable between the Chamber and the National Customs Service (Administración Nacional de Aduanas), in order to discuss and implement particular reforms in the Duty Free Sector. According to various and legitimate sources, this was the most important development in the relation between the sector and the Government during the whole history of the system for the past 25 years. The National Customs Service is the main entity that regulates this economic activity, so we expect positive results in the future.

The legal counsel provided is very relevant, considering that the Duty Free sector in the Uruguayan Economy represents more than USD 350 million contribution in the last FY (the second non-traditional export item); more than 8% of the whole Custom collection; 0,3% of the entire Tax collection; thousands of jobs created, directly and indirectly (hotels, restaurants) in a particularly economically depressed area in Uruguay (the border with Brazil).

After a strong technical argumentation from our part, the Uruguayan Government passed a Decree by which: 1) Expanded significantly the number of products that can be sold under the Duty Free regime; 2) Eliminated the system of fixed prices for custom duties returns, which was obsolete; 3) Established a more simple procedure to expand the list of products in the future, now under the exclusive control of the Ministry of Economy.

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Ituzaingó 1377, pisos 4 y 5 / Edificio Constitución, Plaza Matriz
CP 11000 - Montevideo, Uruguay
Tel/Fax (+598) 2915 01 01 / www.sanguinetti.uy