Why Bergstein?

Because of the trust Bergstein inspires, the excellence of its service, and the integrity of its team highly identified with Jewish values. Because of its impeccable record over 60 years.

Profile and Philosophy

The Firm combines the expertise of more than half a century with the dynamism and energy of a group of young professionals.

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Acknowledgements

Practice Areas

Corporate

Bergstein renders professional services in all aspects related to corporate and business law. The Firm advises on all legal matters involving the establishment...

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Taxes

Bergstein Tax Department is recognized as one of the strongest in the country. In 2015, International Tax Review acclaimed Bergstein as Uruguay’s tax law firm of the year. ...

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Litigation

Litigation has been Bergstein’s historical core practice. The department has vast experience in civil actions, enforcement of foreign judgments and arbitration awards, product liability, ...

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Real Estate & AgriBusiness

The practice area developed significantly with the growth of Punta del Este first and Colonia later; more recently, the group expanded its activities to include real estate transactions...

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Accounting and Outsourcing

To offer its clients a comprehensive service, Bergstein has an accounting department, which provides accounting services, payroll services, tax filings and auditing services. Bergstein is also engaged in the preparation and evaluation of investment projects, auditing of financial statements, issuance of limited review reports, administrative controls dictated by the Employment Outsourcing Act, outsourcing services, and tax and accounting due diligence...

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News

International Newsletter - Uruguay – Sustainable Bond Framework (26 September 2022)

The Uruguayan Administration has recently published the new Reference Framework for Uruguay's potential issuance of Bonds Indexed to Climate Change Indicators (BIICC). This Framework aligns with the five main components of ICMA's Sustainability-Linked Bond Principles 2020. The Framework for BIICC issuance is the keystone for Uruguay's access to the sustainable sovereign financing market, seeking to become a pioneer in sustainability-linked debt financing in Latam. Uruguay seeks to implement a symmetrical structure of rate rewards and penalties, linking the country's cost of capital to the achievement of its climate and nature conservation goals (set out in the Paris Agreement on climate change). There is an intention to focus sustainable finance on achieving specific, material and visible climate performance targets, anchored in a robust verification system, and driven by the actions and policies needed to meet them. This approach generates greater government accountability for climate action and its associated outcomes, integrating the country's environmental agenda and promoting shared global public goods. The Inter-American Development Bank and the United Nations Development Program provided key technical assistance for this project, which was jointly developed by the Ministry of Economy and Finance, the Ministry of Environment, the Ministry of Industry, Energy and Mining, and the Ministry of Livestock, Agriculture and Fisheries, with the support of the Ministry of Foreign Affairs. ________________ The above communication has been prepared just for information purposes. It cannot be construed as legal advice provided by Bergstein Abogados. Should you have any further questions, please feel free to contact Maite Urrecheaga (murrecheaga@bergsteinlaw.com) and/or Leonardo Melos (lmelos@bergsteinlaw.com).

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