Doing Business in Latin America and The Caribbean: Chili

Chile’s business environment is the result of a policy-driven strategy that has focused on building sound macroeconomic fundamentals and strong institutions, promoting competition and international integration, and creating a more equitable society in which all citizens benefit from economic development. Its open and export-driven economy, combined with an active policy of bilateral, regional and multilateral trade agreements, has meant a steady increase of foreign trade in goods and services and in the country’s competitiveness.

Chile offers numerous advantages to the potential investor. The Chilean market is open, stable and well regarded both regionally and worldwide. Free trade agreements allow companies in Chile to access 86% of the world’s GDP while the government’s macroeconomic policies provide market stability and decreased investor risk. Chile has also signed numerous double-taxation agreements which further aid the international investor in doing business. All of this, combined with an excellent location and highly developed public infrastructure, make Chile an ideal investment location.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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