Legal Free Pill – Chile – USA CDTI

#Legal – The Double Taxation Avoidance Treaty between #Chile and the United States (CDTI) was approved by the United States Senate in June 2023. This treaty aims to prevent double taxation of income earned by taxpayers from both countries and promote bilateral trade and investment. The #CDTI offers a range of advantages for companies and […]

Tax Reforms for 2023

As we know, during 2023 a series of tax benefits will end, among them the instant depreciation of the amounts invested in fixed assets, whether new or imported and the end of the preferential rate of the Pro-SME regime, resulting in an increase from 10% to 25%. Joaquín Hurtado Bertoglio, Tax Practice Area Associate, comments […]

Andersen Global – Report – Labor Cost in Latin America

Our Andersen Latam Employment Law team has prepared the collaborative work Labor Cost in Latin America, which compiles information from 17 countries on the costs that the employer must bear when hiring workers in each of these jurisdictions in their company.       Some of the topics you will find in this document are: […]

Legal Alert – CMF – General Standard No. 484

#Alert CMF | The Commission for the Financial Market (CMF) issued General Rule No. 484, which establishes requirements and conditions so that the commissions charged to the debtor of a money credit operation are not considered interest, for purposes of determining whether the interest rate of that loan exceeds the Maximum Conventional Rate (TMC). In […]

Latin America Impact of COVID-19 on Litigation and Arbitration

We share the work carried out by the Andersen Global Litigation and Arbitration Group on the Impacts of COVID-19 on Litigation and Arbitration in Latin America. The work was carried out by the following firms: Brazil: Lotti e Araújo Sociedade de Advogados Chile: Chirgwin Colombia: Jiménez, huiguita, rodriguez & Asociados Costa Rica, Honduras and Panama: […]

LEGAL ALERT – New requirements and Changes to Chilean labor law

The Chilean congress passed a new bill (law 21,327) which came into effect on October 1st, 2021. The bill, framed within the digital government modernization efforts, establishes new requirements for employment contracts provisions and registration with the Chilean Labor Direction. New mandatory provisions for employment contracts. All employment contracts in #Chile (existing and future) will […]

COVID-19 – Latin American Experience – Andersen Global

The Andersen Employment Law (EMPLAW) team in Latin America, through its member and collaborating firms, has prepared a document that compiles an overview of the requirements and obligations that employers have in relation to the COVID-19 vaccine. Within this document, you will find general information from 17 countries that cover the most common questions, in […]

Legal Alert – Single use plastic law

Under the recycling laws enacted in recent years in Chile, such as Law 20,920 of 2016, called Law REP (Law for the Promotion and Extended Responsibility of Recycling Producers), whose main objective is to establish an industry that is to Take responsibility for its products by preventing the generation of waste and its recovery and […]

Minimum Wage applicable in 2021 – LATAM

Andersen’s Employment Law (EMPLAW) team in Latin America has prepared the updated publication on the Minimum Wage applicable in 2021, as well as the values already defined in some countries that will apply from 2022. This publication had the participation of Andersen’s member and collaborating firms in the region: Andersen in Argentina, Lotti e Araújo […]

Law No. 21.342 COVID-19 Protocol for return to face-to-face work

Last Tuesday, June 1st, Law No. 21,342 was published in the Official Gazette, which “Establishes the occupational health safety protocol for the gradual and safe return to work within the framework of the health alert decreed with the occasion of the COVID-19 disease in the country and other matters indicated therein“. This Law establishes new […]