Working in tandem with its global network of offices, Dentons Jiménez de Aréchaga‘s tax team advises an impressive roster of multinational companies, as well as both new and established companies in Uruguay. The practice specialises in business structuring and tax planning, particularly for clients looking to expand into Uruguay. It also advises on the tax aspects of reorganisations, restructurings and M&A, and the technology sector has also been an increasing area of focus for the team. Julio López heads the team and leads on all tax matters. Senior associate Martin Montoro is a key member of the group, focusing his practice on corporate tax matters and the tax aspects of investments. He also brings international experience to the team, handling foreign trade matters and taxation of international investments and projects.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘In the tax part, the participation of Martín Montoro is very important, as he leads a team of several lawyers to reconcile the work that links labour with commercial and, above all, tax matters where there are different alternatives depending on where in the country the sales are made, and the different tax requirements throughout the marketing chain.’

  • ‘Team with vast knowledge in the infrastructure and energy industry, supporting us in important projects in Uruguay.’

  • ‘Martin Montoro: versatility of topics on which he offers advice, researching and putting on the table aspects that are not visible at first glance, which help in decision-making on our side as a client.’

  • ‘Dentons' differentiated brand is the personalised treatment of members.’

  • ‘Julio Lopez: capacity, knowledge and excellent treatment.'

Key clients

  • Santander
  • Mondelēz
  • Google
  • Arcos Dorados
  • Viscofan
  • PepsiCo
  • Marfrig
  • Quantik
  • Cargo Line

Work highlights

  • Assisting Cargo Line with the tax aspects of the operation of a new port terminal to be constructed in the Uruguay River coastline.
  • Assisted a subsidiary of Arcos Dorados with the tax impacts arising from recent changes to the taxation rules for foreign-sourced passive income of multinational enterprises in Uruguay, which entered into effect on January 1st, 2023.
  • Assisted a subsidiary of Marfrig Group on the tax impact arising from a corporate reorganisation plan, which entailed a parent-subsidiary downstream merger for which there are no clear tax rulings.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

The lawyer(s) leading their teams.

Julio López