Accounting Team Chile

A photo os Santiago, the capital of Chile, where you will need to understand financial regulatory compliance if you are planning to launch a business

Financial Regulatory Compliance in Chile: a Guide

If you are doing business in the Chilean market, or planning to launch there, you will need to understand financial regulatory compliance in Chile. Because non-compliance with financial regulations can result in legal inconveniences or financial penalties, potentially impacting your business and diminishing your company’s standings in the eyes of local authorities. As such, if …

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Torres del Paine in Chile, where SMEs have received benefits under a new law

SMEs in Chile: New Law Offers Financial Relief

Recently introduced legislation reduces tax and administrative burdens for small- and medium-sized enterprises (SMEs) in Chile. The ‘PROPYME’ tax measures announced this month include benefits related to interest rates, tax, commercial licenses, and payment agreements for SMEs in Chile. SMEs are known as PYMEs in Spanish (the acronym for the phrase “pequeña y mediana empresa”), …

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Invoicing Requirements for a Foreign Company in Chile

When doing business in Chile that involves payment for goods and services, it is important to comply with local invoicing requirements in order to avoid penalties or administrative inconveniences that would be detrimental to your business. The following article highlights some of the key considerations related to invoicing requirements for a foreign company in Chile …

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Understanding Chile’s Digital Services Tax

Tax and corporate compliance are essential to the good standing of any company in Latin America, as they are key factors to successfully launching and managing a healthy business. Corporate compliance benefits not only shareholders but also employees as it conveys certainty, stability, and prosperity. Foreign executives looking to enter the Chilean market must be …

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