Sneak Preview: Mergers & Acquisitions in Mining Tech with Ivan Gustavino
In this sneak preview, Ax Legal’s Managing Partner Cody McFarlane speaks with Ivan Gustavino, Managing Director at Atrico, who has advised over 100 high-growth companies in mining, industrial tech, and software. With M&A activity heating up, Ivan breaks down what investors and buyers really look for in mining technology companies today.
The potential of the Peruvian mining industry is attracting many foreign companies to the market who are looking to provide equipment, technology, and services. It also means that companies need to adapt to new labor laws which are quite generous to workers in comparison to North America or Australia. One of the specific areas that companies need to consider when doing business in Peru is is how employee profit sharing works.
Industrial technology companies rely on international markets since they often need to follow their clients to where the projects exist in the world. Working in foreign jurisdictions brings some unique challenges and risks. Permanent Establishment is one of them.
For professional service firms, as of January 1, 2023, all services rendered will be subject to VAT. Previously, companies such as engineering, consulting, architects, legal, and accounting, did not charge VAT when invoicing clients. This now changes. Check out practical details inside.
Joint ventures can be useful for foreign companies entering Latin America. Unfortunately, they often do not work out the way companies would hope. There is one stage of the process that can greatly improve the chances of success if it is done properly. Check out our blog this week for some good tips.
The Chilean government introduced the tax reform bill with proposed increases to the mining royalty to help fund social programs such as health care and pensions. We have provided a high-level assessment to help you understand how the increase to mining royalty will impact the industry.
Incorporating a local company is an important step for companies who are serious about servicing the Colombian market. The issue is that many foreign companies do not know the intricacies of the incorporation process or the documentation that is required from the foreign shareholder. We have provided a practical guide so companies understand the process.
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