The flexibility achieved by off-shore companies as a vehicle for tax, financial and commercial planning, both for commercial and individual issues, has increased the volume and complexity of transactions channeled through these companies, based on a competitive advantage of quick access to the network of our organization, Pricewaterhouse Coopers offers multidisciplinary services in the area such as: advice on the design and implementation of operations and on determining the most convenient country location as well as the legal structure to be adopted; tax planning, both international and with bordering countries; formation or acquisition of companies resident in Uruguay or in the main off-shore centers; administrative and accounting services, preparation of financial statements and adapting financial statements to international standards. Recently, on 2007, the Organization for Economic Co-operation and Development (OECD) issued a report identifying harmful and potentially harmful preferential tax regimes. The Uruguayan Jurisdiction was identified neither as a harmful nor as a potentially harmful preferential tax regime, an important aspect, which enhances the Uruguayan jurisdiction as the South American Financial and Offshore Centre of preference. The Uruguayan Jurisdiction is not considered a Tax Heaven owing to two main characteristics of its particular regulatory framework.