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.
The Chilean presidential primaries took place over the weekend. When the polls closed and the votes were counted last Sunday, two new candidates emerged. Check out our brief overview of their platforms.
VAT is an important consideration in Chile given that it is 19%. We help companies understand how to manage this unique situation, particularly in contracts where different services may be provided and when some of those services may be exempt of VAT.
Many of us are hearing comments about the Chilean Presidential Elections but it can be difficult to find a detailed summary in English of the leading candidates platforms. It is still very early in the election process so much could change before November.
The growth in the mining sector has attracted foreign mining suppliers who are looking to tap into a healthy project pipeline that is set to come online over the next 10 years. One of the considerations that foreign companies need to understand when doing business in Peru is is how employee profit sharing works.
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.