Next Generation Partners

Andrés Hessdörfer - Hessdörfer Tax & Corporate

Tax in Uruguay


Ferrere fields a standalone tax practice of ‘excellent quality‘, which handles the gamut of tax issues arising from corporate matters, as well as taking on pure tax mandates, both contentious and advisory. A host of multinational and domestic companies look to the practice for assistance with sophisticated tax structures and high-profile, sensitive tax litigation. The wider firm network across Latin America is also a draw for companies with operations across the region seeking coordinated cross-border tax advice. Gianni Gutiérrez spearheads the department and is a reference in tax law, with expertise ranging from the structuring of tax aspects of M&A and financial products to personal wealth planning. Isabel Laventure is highlighted as a ‘brilliant and practical attorney‘, also dedicated to tax law, acting in contentious and non-contentious matters, drawing on strong international experience. Senior associate María Laura Caffera supports across all matters and is particularly noted for her expertise in foreign trade taxation, while counsel Isabel Hounie has broad experience in tax advisory work and the tax aspects of M&A.

Responsables de la pratique:

Gianni Gutiérrez

Les références

‘Practicality. Speed of response. Excellent quality.’

‘Isabel Laventure is a brilliant and practical attorney.’

‘Responsiveness. certainly quality responses, timely delivered.’

Principaux clients




JPMorgan Chase


Archer Daniels Midland

Hidrovias do Brasil




Colgate Palmolive





Principaux dossiers

  • Advised IBM on the global spin-off of its Managed Infrastructure Services (MIS) into a new publicly traded company called Kyndryl.
  • Acted for IDB Invest in granting financing for $45m to local retailer Ta-Ta.
  • Assisted Eastern Airlines and Jetsmart with the start-up of their operations in Uruguay.

Guyer & Regules

Guyer & Regules supports its corporate clients across the full range of tax matters, covering tax planning for local regimes as well as offshore activities and free trade zones, audits and tax litigation. Its clients include a host of banks and financial institutions, and the team has also been consulted by the Ministry of Economy and Finance. In his capacity as practice head, Juan Manuel Albacete is the go-to contact for many of these clients; his practice covers both litigation and consultancy, and he has experience in a range of matters, from tax restructuring and tax planning for the oil and gas sector to support on large M&A and finance deals. At the associate level, Marcelo Marchetti comes with considerable client praise for his ‘exceptional knowledge of tax law and administrative law‘, and Gastón Lapaz gives specialist support in tax disputes.

Responsables de la pratique:

Juan Manuel Albacete

Les références

‘Professionals with extensive knowledge of the topics. Great concern for client service’.

‘Juan Manuel Albacete – outstanding professional and human skills.’

‘Excellent knowledge of the business, providing relevant information that allows anticipating risks or opportunities.’

Principaux clients


Itaú Bank

Goldman Sachs

Barclays Capital

BNP Paribas Securities

JP Morgan Securities


Julius Baer


Montes del Plata (Arauco – StoraEnso)


Mercado Libre



Corporación América

Louis Dreyfus Company

Bunge Agritrade



Philip Morris (Abal Hnos)

VRG Linhas Aéreas (Gol)


Corporación Vial

Asociación de Bancos


Principaux dossiers

  • Assisted BofA Securities, HSBC Securities (USA) and Santander Investment Securities on the issuance of Uruguayan peso-denominated bonds due 2031 by the Republic of Uruguay.
  • Advised AIG on the issuance of a buyer side R&W insurance policy related to the indirect acquisition by Batovi of Forestal Oro Verde from RII World Timberfunds and RII World Timberfund.
  • Assisted Magna Motors with the acquisition of Automotores Motor Haus, the Uruguayan distributor of BMW.

Bergstein Abogados

Complex tax implications in the context of corporate endeavours are well handled by Bergstein Abogados‘ senior tax law team, which acts for a number of international companies operating in Uruguay, many of which have longstanding relationships with the firm. To this end, practice head Domingo Pereira‘s wealth of experience in international taxation is a differentiator, while his broad practice covers assistance to both local and foreign clients on general tax advice, tax planning, wealth management matters and defences against the tax authority. Jonás Bergstein ties together the firm’s corporate and tax offerings, and senior associate Guzmán Ramírez provides robust support to the practice head, particularly in disputes.

Responsables de la pratique:

Domingo Pereira

Principaux clients


Visanet Uruguay

Velcro USA

Nordex SE

Cisco Systems


Adium Pharma

Sony Music Entertainment (SME)



Principaux dossiers

  • Advised Voith on the tax aspects of the supply of equipment to the state-owned electricity company for the rehabilitation of a dam.
  • Assisted Betterfly with the operation of a digital platform providing products and services associated with physical and psychological health and wellness.
  • Advised SME on the VAT treatment of licenses related to rights to sell its repertoire.


International taxation and individual tax planning are the standout specialisms of the tax practice at Posadas, services it renders to a number of regional and multinational clients operating in a variety of sectors. Practice co-head Raúl Vairo manages the firm’s office in Zonamérica, the location being a strategic draw for foreign clients; the firm was the first to open a location there. Vairo has extensive experience advising both foreign and domestic companies with new ventures in the free trade zones. Fellow practice head Eduardo Ferrari has considerable strength in matters at the intersection of real estate and tax law. Former senior associate Guillermo Sena departed for independent practice in September 2021. Since publication, Ferrari has left the firm - effective as of June 2023.

Responsables de la pratique:

Raúl Vairo

Principaux clients

BTG Pactual


Pedidos Ya

Areaflin Wind Farm Project – Administración Nacional De Usinas Y Trasmisiones Eléctricas (UTE)



Axionlog (McDonalds)

Ford Motor Company

Folium Capital

Principaux dossiers

  • Advising Gas Sayago on the tax aspects related to the sale of various assets located in a customs enclave.
  • Assisting UTE in all its day-to-day tax issues.
  • Advising BTG Pactual on the tax analysis of the different jurisdictions in which to incorporate investments funds.

Brum Costa Abogados

Brum Costa Abogados stands out for its tax law support to clients in the financial services sector. The team has both contentious and non-contentious capabilities, and is led by experienced senior partner Leonardo Costa, and María Paula Garat, whose varied expertise takes in tax, constitutional and public law.

Deloitte Legal

Though still in the early stages of its activity in Uruguay, Deloitte S.C. has continued to assert itself in the tax law market, with practitioners coming recommended by clients for their ‘local and international tax knowledge‘. The practice strikes a balance between established knowledge of the local tax law landscape – practice head Juan Bonet  having extensive professional experience in the market for both tax and financial matters – and being able to draw on the wider Deloitte network when assisting on matters with cross-border intricacies. The practice handles tax compliance, controversies and tax-driven restructurings, along with tax audits, analysis and advice on inspections. Key support comes from senior associate Guillermo Lorbeer .

Responsables de la pratique:

Juan Bonet

Les références

‘High local and international tax knowledge.’

‘Great client orientation – Juan Bonet, Javier Dominguez and the rest of the team.’

‘They excel in the development of the situation and proposals for solutions and advice with real knowledge of the situations.’

Principaux clients

InterEnergy Holdings


OW Bunker (Amirtol)


Complejo Luis Suarez




Principaux dossiers

  • Advised Complejo Luis Suarez on the implementation of certain tax benefits.
  • Advised InterEnergy and 15 Uruguayan companies with a binding opinion to the tax authority regarding its acquisition of three wind farms in Uruguay.
  • Advised Canarias on the presentation of two lawsuits to the Supreme Court regarding allegedly unconstitutional local taxes.

Hughes & Hughes

Hughes & Hughes‘ tax team has ‘great knowledge of the market‘ and advises on complex tax planning scenarios, the application of double tax treaties, tax audits, and tax litigation. A well-established base of clients operating in sectors ranging from hotels to pharmaceuticals enjoy the multidisciplinary service from the firm. Experienced corporate law partner Haroldo Espalter oversees the practice with two associates: tax and transfer pricing expert Alejandro Horjales, and Miguel Rocca, who is well versed in assisting domestic and international clients.

Responsables de la pratique:

Haroldo Espalter; Alejandro Horjales; Miguel Rocca

Les références

‘It is a team always ready to serve us. They have a great knowledge of the market and of new technical and legislative discussions.’

‘Always up-to-date on market issues.’

Principaux clients

Adidas Uruguay

Pestana Group

Forestal Oriental (UPM Group)



Lojas Renner


Victorica Consignaciones

Sealed Air Uruguay

Principaux dossiers

  • Advising Tronem on the tax aspects of its installation in Uruguay.
  • Advising Surinor on all tax aspects of the opening of its operations in Uruguay.
  • Assisting Afry Group-af Poyry with the tax aspects of its establishment in the country under the general tax regime and the free zone regime.

Olivera Abogados

The tax team at Olivera Abogados is regularly called upon by a variety of domestic companies and individuals for advice on tax restructuring, tax aspects of M&A, and tax litigation, among other areas. Andrés Hessdörfer, an up-and-coming figure in the market, has broad experience in consultancy and in administrative and jurisdictional disputes between tax authorities and taxpayers. He co-leads the practice with founding partner Ricardo Olivera García  , who helps coordinate advice across related practice areas. Junior associate Sabrina Delgado  supports on the gamut of matters. Since publication, Hessdörfer has departed to establish his own firm – effective as of April 2023.

Responsables de la pratique:

Ricardo Olivera Garcia

Les références

‘I highlight the disposition and collaboration of the entire team.’

‘I think that the good disposition of the people stands out, they always answer right away.’

‘Technical knowledge and speed of response.’

Principaux clients

Punta Carretas Shopping Center

Bolsa Electrónica de Valores

Gastón Bengochea Sociedad de Bolsa

Formula E Operations


Union Agriculture Group

Edding Group

Asociación Cultural y Técnica

Principaux dossiers

  • Advising Bevsa on the release of a new business line of exchange-rate forwards within the financial market.
  • Advising a businesswoman on a tax litigation case against the tax administration.
  • Assisting a company owner with a dispute regarding the obligation to pay a tax debt.

Andersen Tax & Legal Uruguay

Leveraging the international reach of the wider firm, Andersen Tax & Legal Uruguay supports its clients in multi-jurisdictional tax matters. The team is best known for its work in transactional tax and tax planning, and also handles contentious matters. Juan Ignacio Troccoli is the primary contact.

Blanco & Etcheverry

Tax assistance at Blanco & Etcheverry is focused on strategic corporate policy design to maximise the tax benefits for clients. The practice also has tax litigation capabilities, and in addition, it advises on the application of treaties to avoid double taxation, and the day-to-day management of taxes. Agustín Etcheverry leads the team.