PwC Publications - Uruguay

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Global Annual Review Global Annual Review

In this Global Annual Review we look at issues that impact our clients and our people around the world, and we examine our performance, our key network policies and standards, and our work in the global community during FY 2009.

Highlights of Uruguay Highlights of Uruguay

Despite its severity, the effects of the world economic crisis on the Uruguayan economy were felt only at the end of 2008 and were limited to certain areas. As a result, economic activity rose at a record level of nearly 11%.

12th Annual Global CEO Survey 12th Annual Global CEO Survey

CEOs around the world are retrenching, indeed many claim to be entering ‘survival mode.’ Our 12th Annual Global CEO survey shows how the financial crisis shattered short-term confidence. The percentage of CEOs who were ‘very confident’ about their one-year revenue growth prospects dropped to 21%, the lowest level in six years. Uncertainty about the future is still running high and confidence no doubt continued to deteriorate after we completed the survey in early December.

Snapshot of the Uruguayan Financial System Snapshot of the Uruguayan Financial System

The Uruguayan Banking System as of December 31st of 2008 is composed of 2 state-owned and 12 private banks. It is worth noting that the information related to Banco Santander includes the expenses related to the acquisition of ABN AMRO that formally took place on December 27th, 2008. The Uruguayan Financial System also has 5 Financial Houses (institutions that can perform all kinds of financial intermediation operations, except those reserved for commercial and investment banks) and 4 External Financial Institutions (institutions that perform exclusively operations of intermediation between offer and demand of securities, money or precious metals located off-shore).

Doing Business in Uruguay Doing Business in Uruguay

This Guide has been prepared for the assistance of those interested in doing business in Uruguay. It does not cover exhaustively all the subjects considered but is intended to answer some of the important, broad questions that may arise.

ITS Newsletter - International Tax Service

Newsletter August, 2008 summarizing the news that, in our opinion, represent a major interest in terms of international taxation. It has strictly informative character, thus, if you are interested in deepening any of these topics or in related advice, please contact any of the Uruguayan professionals that integrate PwC International Tax Services Network included in this newsletter.

World in 2050 The World in 2050

We first looked at this issue in a September 2006 report, which suggested that halting and eventually reversing the growth of global carbon emissions, although challenging, should be both technologically feasible and economically affordable.

Regional CEO 5th South American CEO Survey

We are pleased to share with you the results of our 5th CEO Survey - South America with renewed confidence in the future of our region as well as with a recurring feeling of frustration, as once again it is clear that we continue to be hampered by a tremendous opportunity cost.

e-news e-news

Is a weekly report distributed via e-mail summarizing the seven main economic news pieces of the preceding week with an objective perspective and a brief analysis and presentation on the context to facilitate understanding.