The Social Security Rate For Companies in Uruguay stands at 12.63 percent.

Social Security Rate For Companies in Uruguay averaged 13.83 percent from 2004 until 2018, reaching an all time high of 18.63 percent in 2005 and a record low of 12.63 percent in 2007. This page provides - Uruguay Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Social Security Rate For Companies - values, historical data and charts - was last updated on July of 2020.

Social Security Rate For Companies in Uruguay is expected to reach 12.63 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Social Security Rate For Companies is projected to trend around 12.63 percent in 2021, according to our econometric models.

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Uruguay Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
12.63 12.63 18.63 12.63 2004 - 2020 percent Yearly

Uruguay Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 32.00 25.00 percent [+]
Personal Income Tax Rate 36.00 36.00 36.00 0.00 percent [+]
Sales Tax Rate 22.00 22.00 23.00 22.00 percent [+]
Social Security Rate 35.76 35.76 54.75 30.75 percent [+]
Social Security Rate For Companies 12.63 12.63 18.63 12.63 percent [+]
Social Security Rate For Employees 23.13 23.13 36.13 18.13 percent [+]


Uruguay Social Security Rate For Companies
In Uruguay, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Uruguay because they help to pay for many social programs including welfare, health care and many other benefits.