Business For Sale Chile | Business For Sale Listings
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Get to Know About Chile
Chile is a South American country which lies between the Andes and the Pacific Ocean. The republic has an area of 756,096.3 square kilometers, and a total population of 17,574,003 (national census, 2017). Chile is a highly developed state and is one of the most prosperous nations in its region.
According to the Index of Economic Freedom (https://www.heritage.org/index/country/chile), Chile provides the seventh most economic freedom in the world. This fact alone is alluring for investors, which has made a lot of foreign investments flock in the state. Additionally, doing business in Chile is great, if you ask the ones who have registered their companies there because of reasons such as government incentives, an effective judicial system, sound economic policies, and less corruption among others.
Chile is the first South American country to join the Organization for Economic Co-operation and Development. Additionally, Chile has trade agreements with 25 nations in the world, which also includes 15 FTAs. The Corporate Tax Rate in Chile is 27%.
The main challenge that businesses complain about in Chile is the delays in the paperwork. Many essential business activities take a long time to complete, for example, getting construction permits, electricity, and paying taxes. Also, importing and exporting goods both take a fair amount of your time. Besides that, Chileans are known to be very selective about the brands they use, so you will need to work hard to make a market for yourself. Due to this, many companies opt to work with a local.