by Harris Gomez | May 8, 2021 | Chile, Multinational, Taxation
Chile Tax Reform and Foreign Investment : Different Options to Evaluate On October 1st, the Chilean Tax Reform entered into force. At its second stage of revision, the Senate included relevant changes, all of which aim to keep Chile as an attractive investment...
by Harris Gomez | May 8, 2021 | Chile, Environment, Mining, Multinational
Water in Chile is an important topic. Chile has been suffering a severe drought in recent years, with northern region IV experiencing its worst water shortage in 100 years. This year the Ministry of Public works (MOP) declared emergency in several areas where the...
by Harris Gomez | May 8, 2021 | Chile, General, Multinational, Taxation
Small and medium enterprises (SMEs) are important to almost all economies in the world, but especially to those in developing countries because of their effect on employment and income distribution. In Chile, SMEs are divided into segments: micro, small and...
by Harris Gomez | May 8, 2021 | Chile, Multinational, Taxation, Uncategorized
ZONA FRANCA – TAKING ADVANTAGE OF IT – THAT IS, DEFERRING THE 19% Companies must pay 19% IVA (VAT or GST) on all imports to Chile. When bringing imports into the Iquique Tax Free Zone, that is, the ‘Zona Franca De Iquique’, companies can defer payment of this tax....
by Harris Gomez | May 8, 2021 | Chile, General, Multinational, Uncategorized
Improvements to the Chilean Bankruptcy Legislation Keeping viable businesses operating is among the most important goals of bankruptcy systems. A firm suffering from bad management choices or a temporary economic downturn may still be turned around. When it is, all...
by Harris Gomez | May 8, 2021 | Chile, General, Multinational
Obtaining a visa for you and your family is a key step to starting a new life in Chile. However, the “visa experience” is not always a pleasant one and the process can be lengthy, complicated and stressful. A lack of understanding of the Chilean legal process...