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.
It is important for international companies to understand how contracts and specific clauses are dealt with in each country they are operating in. For companies that originate from common law countries, you may not find some of the clauses you would typically be concerned with and may be important to negotiate in Chile.
Incorporating a local company is an important step for companies who are serious about servicing the Peruvian market. We provide practical tips and timelines to help companies make their incorporation more smooth.
Incorporating a local company is an important step for companies who are serious about servicing the Chilean market. The issue is that many foreign companies do not know the intricacies of the process in Chile or the documentation that is required from the foreign shareholder