The government approved the regulation that exempts taxes on the import of robotics and electronics inputs, and in some cases also exempts them from the customs clearance process.
The law - which had been approved in December last year - differentiates between companies and educational institutions, as reported yesterday after the Council of Ministers, the head of Industry, Energy and Mining, Carolina Cosse.
The regulation of the law enables the exemption of taxes and duties on the import of robotics and electronics inputs, as long as they are destined for the "prototyping process or small production series" that must be associated with technological innovation in both sectors.
In other words, it is not intended for the manufacturing stage or for generic consumption, but for the specific purpose of testing.
"We think it's very good news for students and entrepreneurs," he said. "It brings new elements to the software industry and stimulates the generation of small electronics and robotics industries," he added.
Leonardo Loureiro, president of the Uruguayan Chamber of Information Technology (Cuti), told El País that this regulation is "important" because it allows "to have the necessary equipment to make a prototype. He also indicated that there is currently a need to test products "and therefore, being able to reduce costs is very beneficial for us.
In addition to that, Loureiro said that the regulation of this regulation not only benefits companies already installed in the country but also enables other companies to decide to settle in Uruguay.
"This allows high value-added companies from China, Israel or the United States - which are the most advanced in robotics - to set up here and carry out pilot tests," he concluded.
Source: El País
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