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.
Last year, a new 19% VAT on digital services was introduced in Chile. The new law has far reaching effects on all companies that provide software as a service to Chilean residents and companies.
Chile uses electronic invoicing but many companies do not know that they only have 8 days to reject an invoice. If an invoice is not rejected then it can be used as evidence that a service was provided even when it was not.
Foreign companies will often use joint ventures to enter a new market or to assist on a specific project. We provide a high level practical overview of how they can be structured in Chile.
METS companies are investing large amounts of capital into new technologies so protecting these investments is critical. Intellectual property often takes a back seat to the commercial terms even though it should be an essential part of the contract review process.
It is important for international companies to understand how contracts and specific clauses are dealt with in each country they are operating in. We provide a practical guide to clauses in Peruvian contracts.
Companies entering Latin America often bring valuable intellectual property (IP) with them and they need to understand how to protect it. This intellectual property is often the reason they are successful in their home country and it also the reason they look are able to grow into new markets.
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