a. Investment by established foreign-controlled enterprises
None.
b. Corporate organisation
Domestic road transport: The State reserves itself the provision of national and international passenger services (both regularly scheduled and non-regularly scheduled), but grants concessions and permits to private enterprises. Only Uruguayan nationals or enterprises may be granted such concessions and permits. Uruguayan enterprises are those (i) managed, (ii) controlled, and (iii) in which more than 50% of the capital is owned by Uruguayan nationals domiciled in Uruguay.
Authority: Decree Nº 285/006 (22 August 2006)
International road transport: Only enterprises with more than 50% of their share capital owned and effectively controlled by Uruguayan nationals may provide international cargo and passenger transport.
Authority: MTOP Resolution S/N of 10 May 1991.
Railway: Among the requirements for obtaining the licence to provide railway passenger and cargo transport services (Licencia de Operación Ferroviaria) from the Dirección Nacional de Transporte are: (a) at least 51% of the paid-in capital of the railway operator must be owned by Uruguayan nationals domiciled in Uruguay or by Uruguayan enterprises that meet the same requirement for paid-in capital; and (b) at least 51% of the railway operator’s board of directors or managing board must be composed of Uruguayan nationals domiciled in Uruguay.
Authority: Decreto N° 262/013 APROBACION DEL REGLAMENTO DE OPERADORES FERROVIARIOS; Resolución Nº 1.767/003 de 27/11/2003: MARCO JURIDICO REGULATORIO DEL SECTOR FERROVIARIO; WTO (2018), TRADE POLICY REVIEW: URUGUAY, MINUTES OF THE MEETING, Addendum"
None.
d. Official aids and subsidies
None.
