In summary, to invest in Chile, investors must be familiar with free trade agreements, business climate, legal framework, adecuate backoffice support, language and culture, taxes and customs regulations and have legal advise.
Doing Business in Chile
To do business in Chile, Global Value Consulting can advise your firm in the following relevant aspects to take into account, such as:
1. Market research:
It is essential to know the market you want to enter, for this you must analyze the competition, the demand for the product or service, the regulations, and laws of the country, among others.
2. Culture and customs:
Each country has its own culture and customs, so it is important to know them in order to establish proper business relationships and avoid misunderstandings.
3. Regulations and laws:
It is necessary to know the regulations and laws of the country in order to operate legally and avoid legal problems.
4. Finance:
It is essential to have adequate financial planning, know the taxes and duties of the country and have a good relationship with local banks.
5. Logistics:
It is necessary to have good logistics for the transport of merchandise, so the means of transport, customs regulations and associated costs must be investigated.
6. Business Climate:
Chile is known for having a stable and favorable business environment for foreign investors, however it is important to research the legal and tax requirements for investment.
7. Free Trade Agreements:
Chile has free trade agreements with many countries, including the United States. It is important to know the regulations and benefits that these treaties offer to investors.
8. Legal framework:
It is important to know the laws and regulations that govern business in Chile. Foreign investment is regulated by the National Foreign Investment Commission (CINEX), which has the mission of promoting and coordinating foreign investment in Chile. Investors must have adequate legal and financial advice to ensure that their investment complies with all Chilean laws and regulations.
9. Economic sector:
Chile has a diversified economy, with sectors such as mining, tourism, agriculture, and energy. It is important to investigate the sectors of the Chilean economy that offer opportunities for foreign investors.
Global Value Consulting
With our help your business will be able to grow in chile with the most efficiency, obtaining the best results in shortest time possible.
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Our innovative work model allows us to fulfill the mission of delivering a high technical level through the competence and experience of our associated consultants, with a very competitive rate proposal.
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