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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 aware of corporate income and withholding taxes. However, as emerging technologies and established Chilean industries are...
Understand why to outsource corporate secretarial services in Chile will reduce administrative burdens when expanding or incorporating a company in the country. In light of Covid-19 pandemic, expansions to Latin American markets might present a wide range of challenges for foreign executives. Business owners must determine what business aspects will be conducted by the company, and which ones will be outsourced. Learn the advantages of outsourcing corporate secretarial services in Chile. What...
A post-pandemic world presents countless opportunities across perhaps unfamiliar sectors, industries, and jurisdictions. Investing in Chile’s real estate scene has been recently developed into a great idea for foreigners looking to relocate to Chile. Here are key aspects and tips for investing in Chile’s real estate scene. Why buy real estate in Chile? Whether talking about Chile or another country, investing in real estate is always a great idea. Some of the benefits of buying real estate...
Our professionals report notable regulatory updates for July 2020. Biz Latin Hub’s team of legal and accounting specialists operating across all key markets in Latin America report the following notable regulatory updates for July 2020 in Bolivia, Brazil, Chile, Costa Rica, Guatemala, Mexico, Panama, Paraguay, and Uruguay. We support foreign companies in Latin America comply with all corporate regulatory compliance obligations to ensure their success in new markets. For more information on how...
Economies in Latin America are changing rapidly. One important regulatory development for many countries in the region is digital tax, because it captures services delivered online or electronically. The OECD claims that Latin American economies are making real progress to address the tax challenges arising from the digitization of the economy. This international entity also expects that further digital tax developments in Latin America provides stability and certainty in the international tax...
If you want to form a Non-Governmental Organization or NGO in Chile, it is important to understand the key steps and legal requirements to do so. Likewise, you must identify the main goals of your NGO. We outline what you need to know to form your NGO in Chile, one of the most stable and attractive economies in Latin America. What is an NGO? NGOs in Chile are recognized as foundations. Non-Government Organizations, or NGOs, are typically non-profit, civil organizations that operate in the...
Canadian companies looking to expanding their businesses should consider the opportunities available to them through strengthening Canada-Latin America relations. This means they ought to think about the commercial and bilateral trade and opportunities and agreements granted by the developing relationships between Canada and key Latin American markets. Canada-Latin America trade relations have been interlocked for many years and continue to promote and support each other in economic, social...
Our professionals report notable regulatory updates for June 2020. Biz Latin Hub’s team of legal and accounting professionals based across Latin America report the following notable regulatory updates for June 2020 in Argentina, Brazil, Chile, Costa Rica, Ecuador, El Salvador, Mexico, Panama, Peru, and Uruguay. In our regulatory update series, we report on legal and other reforms that could significantly impact businesses in Latin America. Note that this not an exhaustive list of all...
In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...
Conduct due diligence in Chile before purchasing an existing company, partnering with an unfamiliar organization, buying assets or hiring staff. As the term due diligence suggests, it is about acquiring all legal information about the target to avoid issues after the transaction. This could involve collecting information about a company, property, or individual's criminal record history. Due diligence provides you with information, and the right information eventually reduces the risk of your...