Cobalt was produce until 1942 approximately to reinforce some steel alloys. The metal was almost forgotten since neither private companies or the State invested on its development. However presently (2019) there are several ongoing explorations by different companies to asses the quantity of resources available. We have mandates from Chilean mining owners seeking investors or […]
Author Archives: Teo
DOING BUSINESS IN CHILE. MAIN GUIDELINES
MOST IMPORTANTLY: HOW TO INTRODUCE YOU AS FOREIGNER INTO THE CULTURE OF CHILE Change your hard drive when coming to do business in Chile. The most expensive mistakes from a foreigner coming from a developed nation, is that you use your own cultural model to look at the Chilean reality. It doesn’t work. It is […]
CHILEAN HUMOR ON EARTHQUAKES
We have so many quakes that we joke about them. Our country is well known for having a strong building code and good engineering, so our infraestructure can resist big earthquakes. The population is also prepared to face quakes and tsumanis. These are the reasons to have had a low number of casualties even having […]
KEYS FOR FOREIGNERS TO SUCCESS IN CHILE
SOME TIPS TO FOREIGNERS TO SUCCESS IN CHILE 1. SAVE PART OF YOUR LEARNING COST For every foreigner there is a learning curve, where you incur in disbursements due to not understanding well the local human environment. There are several answer to avoid this cost, but the higher loss is the opportunity cost for loosing […]
ADVANTAGES AND COSTS OF INVESTING IN CHILE
This country is not cheap, compared to all Latinoamerican countries. This is a surprise for some businessmen, but it shouldn’t be. If you are coming to the most stable nation in Latin America in democracy during the last 24 years, plus the most stable growing economy during 30 years, then you must pay the price […]
PROFIT SHARING WITH COMMUNITIES: BENEFIT CORPORATIONS
We strongly believe that successful companies can share with the Community and the environment a portion of its profits. Some advocates of the State, prefer that companies pay taxes instead of giving money to non profit causes. Their argument is that politicians may decide better than us where to allocate resources collected from taxes. Donations […]
South America is an opportunity open to Socially Responsible Investors (SRI)
South American nations are rich in natural resources, while modern developed nations have under total threat the availability of them in their homeland. CARING FOR NATURAL SUSTAINABILITY IN SOUTH AMERICA If South American nations follow the traditional path to development used by Europe, China, USA, and other Asian countries, we will consume our resources long […]
THE STRENGTH AND VALUE OF THE LAW IN CHILE FOR FOREIGNERS AND EXPATS
Socially speaking, there is a great complaint from many people that Justice is not working properly in Chile. However, for all our purposes, and in particular for a foreigner, you can not take these Chilean conversations, as synonymous that the ruling is just a matter of influencing the judge, the ruler, or the public officer […]
YOU CAN BE A PARTNER ON A SOCIETY FROM THE START IN CHILE
You can not start a business on your own name. Not at all. Impossible unless you may have a few years living in Chile. However, you can be a partner in a society either with a Chilean or another foreigner. Or the other partner could be a society, Chilean or foreigner. Or create a society […]
LEGAL REPRESENTATION OF A FOREIGN COMPANY IN CHILE
Unless you got a local VISA authorized by the State of Chile, with no less than two years staying on this country, you can not be the legal representative for the company on which you are the owner. Impossible. Most of the time this person would be a lawyer, your partner, an accountant or a […]
REPRESENTING A FOREIGN ENTITY IN CHILE
REPRESENTING A FOREIGN ENTITY IN CHILE A frequent problem is that senior officers or investors buy properties or sign the incorporation as a partner or shareholder of companies on their own name, when they should have done it on the name of the legal entity. I must warn you that the Chilean Internal Revenue Service […]
OUR SERVICES TO FOREIGNERS AND EXPATS DOING BUSINESS IN CHILE
We are Business Consultants and Businessmen offering services to foreign persons intending to do business with Chile. A listing of our services and opportunities follows: BUSINESS CONSULTANT SPECIALIZED ON FOREIGNERS AND EXPATS Set up of a new company in Chile including all legal and financial issues, including contracts, banking operations, bringing in funds complying with all tax regulations. […]