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Category Archives: Accounting

HGG Tax: Recovering VAT in Chile

In comparison to other countries, Chile has one of the highest Value-Added Tax (VAT) rates in the LATAM region, which currently sits at 19%. In addition, the VAT is levied on the price of a broad range of transactions having a very comprehensive scope and with very few exemptions. In general, all the following transactions […]

M&A in Chile – Labour Matters to Consider

OVERVIEW It is essential to distinguish the difference between the purchase of a company and its employees, from the purchase of certain assets or a specific business unit. Simply, it is not the same to move around workers as it is to move around assets. The Chilean law provides specific guidelines in the case of total or […]

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