Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
Chile is advanced in many areas but the banking industry is still very conservative and does live up to the expectations that foreigners have. It is by far the most difficult part of getting your company operational. We provide some practical tips to help companies improve thier banking relationships.
It has been 18 months since the digital service tax was implemented in Chile. The Chilean tax office has recently released an update on the amount of taxes that has been collected since it started. Check out our post this week to find out how much.
Foreign companies who establish a subsidiary in Chile need to decide on how they will fund the new operation. We provide some practical details that are important for companies to consider on funding the entity using debt and/or equity.
Transfer pricing poses a significant risk to companies who are operating internationally since many countries are looking at these arrangements to ensure that profits are not being shifted to lower tax jurisdictions unfairly. It is important that companies understand how transfer pricing works in every country they are operating in.
The most common risk to companies operating in Latin America is related to employment laws and obligations. This week we will provide information on the mandatory leave that employees are entitled to as per Chilean Labour Laws.
The most common risk to companies operating in Latin America is related to employment laws and obligations. As part of our blogs series on labour considerations, we provide information on the types of benefits, social security, and leave that employees have as per Chilean Labour Laws.
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