Sectoral Permit Law: A key driver for investment in Chile
Recent approval of the Sectoral Authorizations Framework Law will reduce permit processing times by between 30% and 70%, without affecting regulatory standards.
Global competitiveness: Chile reaches its highest level in five years
After two years with no change, Chile has climbed two places in the IMD World Competitiveness Ranking, reaching its highest position since 2019. This improvement was driven by the country’s ...
Arcos Dorados renews McDonald’s franchise for 20 years
The agreement includes a royalty of 6% on net sales for the first 10 years, increasing to 6.25% in the following five years, and reaching 6.5% in the final five-year period.
Chile makes progress on Smart Permit System bill
The proposal aims to simplify sectoral permit processing, reducing processing time and increasing efficiency and certainty in investment projects. The bill is now moving into its second legi...
Chile promotes greater participation of women on boards of directors
A new bill aims to increase the participation of women on the boards of publicly traded and special corporations, establishing a suggested maximum quota of 60% for the gender with greater re...
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InvestChile celebrates eight years: Agency helps create 12,125 jobs
The Foreign Investment Promotion Agency was created in 2016. Since then, it has accelerated the implementation of 220 projects worth US$21 billion from 32 countries.
UN: Chile among countries with highest FDI flows in 2023
The UNCTAD report highlights the momentum of the extraction of minerals for the energy transition in the region, particularly in Chile, and also emphasizes Chile’s green hydrogen and solar a...
Chile presents Smart Permitting System bill
The reform involves processing authorizations for 37 types of services and involves 16 ministries. It aims to streamline processes, cut processing times and provide more certainty for invest...
The Economist highlights Chile’s economic performance in 2023
The English publication analyzed the performance of the 35 OECD countries based on variables such as inflation, GDP, employment and stock market performance, ranking Chile seventh.
Chile and the European Union sign trade modernization agreement
This pact strengthens commercial ties and reinforces shared values and fundamental principles, paving the way for a more prosperous and sustainable future for both parties.