Argentina investments in Uruguay: Which businesses are crossing the river?

The presence of Argentine companies in the Uruguayan market is increasing with brands such as Mercado Libre, Globant, and Freddo, among others. When a new branch or store opens, no one on the other side of the River Plate is surprised.

RIO DE JANEIRO, BRAZIL - The flow of Argentine companies into Uruguay has increased significantly over the past 2 years and, in many cases, has also led to the establishment of their owners in the country.

In addition to Argentina's economic and political crisis, there are several reasons for this growth. According to the Uruguayan ambassador to Buenos Aires Carlos Enciso, the improvement of the Investment Law, the broad signals given by the Uruguayan government to attract foreign investments and the changes in tax residency, as well as the work of the Uruguayan embassy in Argentina, are some of the . . .

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