Chile- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

New Commercial Potential in Pacific Alliance-EU Cooperation

New Commercial Potential in Pacific Alliance-EU Cooperation

Latin America is a region highly dependent on multilateral trade agreements. To the east, there’s Europe, to the west – Asia, and to the North – North America. Latin America is ideally placed between the three largest consumer markets in the world.  With the use of regional trade agreements, every country in the region can take advantage of their collective strategic geographic location. Influential Latin American trade groups include Mercosur, ALADI, Trans-Pacific Partnership, Union of South...

Closer Chile-India Ties Good News for Business

Closer Chile-India Ties Good News for Business

The global economic context is undergoing significant change in terms of emerging and shifting powers and trade conflict. As such, nations are poised to seek new, enduring partnerships to diversify trade channels and make the most of new potential. Chile and India demonstrate such opportunistic behaviour. Though the two established formal trade relations back in 1956, these countries didn’t place their bilateral relationship under the magnifying glass again until 2016, where a Preferential...

Fintech Development Invites New Business to Chile

Fintech Development Invites New Business to Chile

In its characteristically disruptive way, technology is impacting all industries and overarching sectors in global markets, including those that have been foundational pillars of a national economy for decades. Not many other terms have been thrown around as frequent and persistently lately in the business world as ‘fintech’. Fintech - a contraction of 'financial technology' - is a buzzword of 2019, and that’s because it is sweeping through financial service industries in both the developed...

Aviation Laws and Business Opportunities in Chile

Aviation Laws and Business Opportunities in Chile

Chile is one of the most stable and prosperous countries in South America, considered a model for political and financial transparency in the region. Over the last decade, its economy has grown strongly, with GDP increasing by 4% in 2018. This figure is expected to grow by 3.4% in 2019 and 3.2% in 2020, according to the Central Bank. Foreign investors are attracted by Chile’s abundant natural resources, the stability of the macroeconomic system and other factors such as high growth potential,...

Investing in Electric Vehicles in Chile

Investing in Electric Vehicles in Chile

Latin America is one of the global leaders in green energy production. Just last year, Costa Rica ran for 300 days on 100% renewably-sourced energy. In 2016, 50% of Latin America’s energy production came from renewables. With such expertise in the industry, Latin American governments are increasingly initiating more electric transport systems. Leading this pack on EV uptake is Chile. Chile’s Energy Minister Susana Jiménez pledged that electric vehicles will account for 40% of private vehicle...

Why Start a Business in a Free Trade Zone in Latin America?

Why Start a Business in a Free Trade Zone in Latin America?

Business today in Latin America is broadening with investors seeking a chance to start businesses in these regions. However, taking the leap and starting investments in a different country can be a difficult decision regardless of extensive independent research. Realistically, some businesses are successful, and some fail due to the lack of knowledge on whether their goods and services impact the market and location. All it takes is a bit of help from an external market specialising in...

Why Do Business in the Pacific Alliance?

Why Do Business in the Pacific Alliance?

Latin America shows strong signs of continued development and increasingly progressive legislative changes. Government agendas are steered towards offering a more facilitative business environment for foreign entrepreneurs and investors. Part of the region’s increasing appeal to the outside world is its strong economic representation via trade blocs, such as the Pacific Alliance and MERCOSUR. Both of these groups offer great economic opportunities and benefits for members and associate...

Evolution of Fintech in Latin America

Evolution of Fintech in Latin America

As a region, Latin America’s economy is reportedly now growing faster than Asia’s. Progressive governments are front-footing legislative changes and preferential regulatory treatments for investors, both local and foreign, to boost business activity and economic growth. New prospective partners are seeking cooperation commitments and free trade agreements with Latin American countries and regional platforms such as MERCOSUR and the Pacific Alliance. Swelling middle classes are demanding more...

Opportunities for Progress in Australia-Latin America trade

Opportunities for Progress in Australia-Latin America trade

Tucked away in the South Pacific, Australia’s trade authorities and institutions are firing on all cylinders to find diverse opportunities for Aussie business. In an increasingly uncertain global trade environment, diversification reduces Australia’s dependence on traditional trade partners. Latin America has traditionally sat in the periphery of Australia’s foreign policy and trade agendas, as it has with much of the rest of the world. Now, the region’s impressive growth statistics have...

Starting a Cannabis Business: Understand the Different Industries in the Market

Starting a Cannabis Business: Understand the Different Industries in the Market

Tetrahydrocannabinol (THC), a component of cannabis, remains a prohibited substance in most countries worldwide. However, in recent years a series of political, legislative and judicial processes in different parts of the globe have given rise to various reforms in favour of its use. This trend is sweeping through the Americas, in particular in Latin America and the Caribbean. This is where the largest number of available experiences is concentrated, and where regulatory changes are occurring...

Pin It on Pinterest