Articles written by Accounting Team Chile on Business news updates, Legal / Law changes, Regulatory updates, Industry reviews, Legal advisory, Accounting advisory, Expert Q&As and much more.
On November 27, India’s Union Cabinet passed a Double Taxation Avoidance Agreement (DTAA) with Chile. This agreement removes the issue of people living in either country being taxed twice on any incomes they earn in the partner country. This is helpful for expatriate...
Supported by its abundance in natural resources, strong infrastructure, business-friendly government and well-built macroeconomic system, Chile’s GDP has grown uninhibited over the last 15 years. This has enabled Chile to fully assume its image as a stable and...
No one is a stranger to the fact that understanding tax and corporate compliance are essential to the good standing of any business operating globally. Tax law and regulation varies greatly between countries, and for businesses operating in various jurisdictions,...
Chile is a country that offers multiple business opportunities, thus attracting many foreign investors. As a foreign investor, you have various ways to enter the Chilean market. You can decide on incorporation - establishing a legal entity - or alternatively, you can...
Chile offers many opportunities for business from its attractive mining industry to its growing startup environment. The Chilean business environment is also attractive to foreign investors. It has an economy with positive growth perspectives, a business-friendly...
The legalities for running a business in Chile are similar to those of other Latin American countries. However, there are a few differences concerning taxes, documentation, and licensing that are important to note in your research of Chilean business practices. Chile...
The time of tax declarations has come for many Latin American countries, and Chile is no different. Both companies and Chilean residents have been able to declare their yearly taxes since 1 April 2018 and the deadline for completing them is 30 April 2018. In a...
When a company decides to move their business into a new market and to open up a new office in a new country, one of the first things to be considered is the country’s tax system. Around the world every country has different tax and accounting systems, some are easier...
As a result of the social demands that have been generated in the country by greater public expenditure in areas such as education, a tax reform is already a reality that will increase the revenue in Chile. This article will look at the different aspects of this tax...
As a small or medium sized business, it is very important to manage cash-flow. To assist with this there are a number of mechanisms available to help, one specifically is the ability to delay the payment of Value Added Tax (VAT). By delaying this payment, you can...