News & Analysis as of

Chile

DLA Piper

Chile: Servicio de Impuestos Internos publica instrucciones sobre facultad de tasación y su aplicación a reorganizaciones...

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El Servicio de Impuestos Internos (SII) dictó la Circular N°23 que imparte instrucciones sobre el nuevo texto del artículo 64 del Código Tributario. A modo de contexto, el SII tiene una facultad legal para tasar el precio o...more

DLA Piper

Chile Publishes Instructions on Appraisal Authority and its Application to Corporate Reorganizations

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Chile’s Internal Revenue Service (SII) has issued Circular No. 23, providing instructions on the new text of Article 64 of the Tax Code – also known as the Tax Reform. In Chile, the SII has the legal power to assess the...more

Bergeson & Campbell, P.C.

REACH and GHS in Latin America — A Conversation with Melissa Owen

This week I had the pleasure of speaking with Melissa Owen, attorney/owner of Ambiente Legal, about the significant regulatory developments regarding chemical registration in Latin America, including Latin American...more

DLA Piper

Chile: Resumen de las Circulares División de Desarrollo Urbano Emitidas por el Ministerio de Vivienda y Urbanismo Durante Febrero...

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Todos los meses, el Ministerio de Vivienda y Urbanismo emite Circulares de la División de Desarrollo Urbano (DDU). A continuación, presentamos un resumen de los aspectos principales de las DDU de los meses de febrero y marzo....more

DLA Piper

Chile: Summary of Urban Development Division Circulars Issued by the Ministry of Housing and Urban Development During February and...

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Each month, Chile’s Ministry of Housing and Urban Development issues circulars from the Urban Development Division (DDU). Below, we provide a brief summary highlighting the key points from the circulars issued in February and...more

DLA Piper

Chile: Unidad de Análisis Financiero publica Compilado de Normas para instituciones reguladas

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Por primera vez desde su promulgación en 2018, la Ley 27.401 de Argentina (Ley de Responsabilidad Penal Empresaria) ha sido aplicada en un caso que involucra a una sucursal local de una empresa de seguridad de capital...more

DLA Piper

Chile: Financial Analysis Unit Publishes Compilation of Rules for Regulated Entities

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Chile’s Financial Analysis Unit (FAU) has published its Circular No. 62, also known as the Updated Compilation of Rules (RAN), which compiles, systematizes, and updates key requirements for all regulated entities that carry...more

DLA Piper

Chile: Normativa Urbanística Aplicable a Proyectos que Contemplen Sistemas de Almacenamiento de Energía Puros o Aislados a Través...

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El Ministerio de Vivienda y Urbanismo de Chile emitió la Circular de la División de Desarrollo Urbano Circular Ord. N°101, DDU 522, el 14 de marzo de 2025, con el fin de establecer la normativa urbanística aplicable a...more

DLA Piper

Chile: Urban Planning Regulations Apply to Projects Contemplating Pure or Isolated Energy Storage Systems Through Batteries

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Chile's Ministry of Housing and Urbanism issued the Circular of the Urban Development Division, Circular Ord. No. 101, DDU 522 on March 14, 2025. This order establishes the urban planning regulations applicable to projects...more

Eversheds Sutherland (US) LLP

Global Supply Chain Horizons - March 2025

EU-Chile Interim Trade Agreement On February 1, the EU-Chile Interim Trade Agreement (ITA) entered into force. The ITA aims to boost competitiveness for businesses across both jurisdictions, while providing a foundation for...more

DLA Piper

Chile Updates its List of Preferential Tax Regimes

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The Chilean Internal Revenue Service (SII) has published its Exempt Resolution N°30, which updated the list of territories or jurisdictions that qualify as preferential tax regimes according to the criteria of the new rule....more

DLA Piper

Chile: Comisión para el Mercado Financiero Define Nuevos Requisitos para Directores Independientes

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La Comisión para el Mercado Financiero (CMF) de Chile publicó la Norma de Carácter General Nº533 (NCG 533) el 12 de marzo de este año, que define requisitos y condiciones para ser considerado director independiente y que...more

DLA Piper

Chile: Financial Market Commission Establishes New Requirements for Independent Directors

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Chile’s Financial Market Commission (CMF, for its Spanish translation) issued General Rule No. 533 (NCG 533) on March 12, 2025, which defines the requirements and conditions for being considered an independent director and...more

Constangy, Brooks, Smith & Prophete, LLP

Chile brings its data privacy laws in line with global data privacy standards

Chile has amended its data privacy law granting significant rights to data subjects, and imposing stricter obligations on data controllers and processors. Published in the Official Gazette (Diario Oficial) on December 13,...more

DLA Piper

Chile: Comisión Para el Mercado Financiero Crea el Manual de Sistemas de Información de Fondos

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El 28 de febrero de 2025, la Comisión para el Mercado Financiero (CMF) emitió la Norma de Carácter General N°532 (NCG 532), que crea el Manual de Sistemas de Información de Fondos y establece la forma, periodicidad y medio a...more

DLA Piper

Chile: Financial Market Commission creates its Fund Information Systems Manual

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On February 28, 2025, Chile’s Financial Market Commission (CMF, for its Spanish translation) issued General Rule No. 532 (NCG 532), which creates a Fund Information Systems Manual and establishes the form, frequency, and...more

Ius Laboris

New Law in Chile Allows Flexibility in Sanctions for Labour Violations

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Under a law that recently came into force, sanctions for anti-union practices and violations of employees’ fundamental rights have been made more flexible, allowing for a case-by-case assessment....more

DLA Piper

El Servicio de Impuestos Internos Publica su Catálogo de Esquemas Tributarios 2025

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Cada año, el Servicio de Impuestos Internos (SII) actualiza la guía denominada Catálogo de Esquemas Tributarios, que contiene un listado de operaciones que pueden ser declaradas elusivas por aplicación de la Norma General...more

DLA Piper

Chile's Internal Revenue Service Publishes It's 2025 Tax Schemes Catalog

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Each year, the Internal Revenue Service of Chile (SII) updates its Tax Schemes Catalog. This guide contains a list of operations that may be declared elusive by applying the General Anti-Elusiveness Rule. The catalog's...more

DLA Piper

Cobro de Patentes por No Uso de Derechos de Aprovechamiento de Aguas (proceso 2025)

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El pasado miércoles 15 de enero de 2025, se publicó en el Diario Oficial la Resolución Exenta N° 4155, emitida por la Dirección General de Aguas con fecha 30 de diciembre de 2024 (la Resolución), que fija el listado de...more

DLA Piper

Collection of Patents for Non-Use of Water Use Rights

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The Director General of Water issued Exempt Resolution No. 4155 in December 2024, issued within the framework of Article 129 bis 4 et seq. of the Water Use Code, after consultation with the respective user organizations; and...more

Ius Laboris

Preventing Risks, Protecting Workers: New Safety Regulation Explained

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A new regulation on the prevention of occupational risks for a safe and healthy work environment comes into force in Chile on 1 February 2025. This new regulation updates the responsibilities of employers, focusing on the...more

International Lawyers Network

Establishing a Business Entity in Chile (Updated)

I. Types of Business Entities - 1. Description of the types of entities available - In Chile, there are different types of entities available to establish a business. The most common entities for foreign investment...more

DLA Piper

Ley de Transición Energética

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Hoy se publicó en el Diario Oficial la Ley N° 21.721 que modifica la Ley General de Servicios Eléctricos (LGSE) en materia de transición energética, posicionando a la transmisión eléctrica como un sector habilitante para la...more

DLA Piper

Chile Publishes its Energy Transition Law

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Recently, Law No. 21.721 was published in Chile’s Official Gazette, modifying the General Law of Electric Services (LGSE by its Spanish acronym) regarding energy transition and positioning electric transmission as an enabling...more

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