Stamp Tax must be declared and paid online
March 15, 2024 | By Amory Heine and José Ignacio Basualto As of March 1, 2024, Stamp Tax (“ITE“) can only be declared and paid through the Internal Revenue Service (“SII”) website. This measure aligns with the SII’s objective of becoming a paperless institution, meaning many procedures are now managed online. The ITE is a documentary tax since, as a […]
Read moreNew Chilean Fintech Regulation by the CMF
January 19, 2024 | ByJorge Timmermann and Natalia Cox As part of implementing the Fintech Act, the Financial Market Commission (CMF) issued General Regulations 502 and 503 on January 12, 2024, which imply substantial changes for financial service providers regarding registration and accreditation, respectively. Regulation 502 replaces NCG N°493 and N°494 to regulate the registration, authorization, and obligations of […]
Read moreLegal Alert: National Economic Prosecutor’s Office publishes its preliminary Report on the Accommodation Market
December 29, 2023 | By Sofía O’Ryan and Bárbara Galetovic On December 28, 2023, the National Economic Prosecutor’s Office (“FNE”) published its preliminary Report on the Accommodation Market (“Report”), focused on platforms and short-term rentals (“STRs”). This Report is part of a process that started in March this year and is now in a process for public consultation until January […]
Read moreLegal Alert: Entry into force of Double Taxation Avoidance Treaty between Chile and the United States
December 20, 2023 | By Amory Heine, Francisco Argüello and Benjamín Echeverría On December 19, 2023, the United States notified Chile that it has completed the procedures for the entry into force of the Double Taxation Avoidance Treaty (“DTT”) between Chile and the United States. With this notification, the ratification procedures in Chile and the United States have been completed, […]
Read moreLegal Alert: The National Economic Prosecutor will prioritize scrutiny of the labor market in 2024
December 20, 2023 | By Sofía O’Ryan The National Economic Prosecutor, Jorge Grunberg, announced during the Competition Day event held on December 19 that in 2024, the focus of the watchdog will be on the labor market. The event is organized annually by the National Economic Prosecutor’s Office (FNE). In his speech at the event, the Prosecutor emphasized the […]
Read moreLegal Alert: Five essential aspects of the future Cybersecurity and Critical Information Infrastructure Framework Act
December 13, 2023 | By Jorge Timmermann and Carla Illanes. On December 12, 2023, the Senate approved and dispatched the Bill on Cybersecurity and Critical Information Infrastructure to the Constitutional Court for its passage into law. The regulation will apply to institutions that provide services qualified by the National Cybersecurity Agency (ANCI) as essential (ES) or vital operators (VO). All […]
Read moreDLA Piper Chile hosted a breakfast discussing key insurance policy aspects for M&A transactions in Chile and Latin America
DLA Piper Chile held a breakfast event with United Insurance Brokers Limited and ANV to discuss the key aspects of insurance policies for M&A transactions, contracting processes, and their convenience, as well as the general outlook for these policies in Chile and Latin America. The breakfast featured clients, guests, and panelists Camila de Carvalho, Associate Director of Transactional Risks at […]
Read moreDLA Piper was recognized in The Legal 500 Latin America 2024 ranking
On October 25, 2023, The Legal 500 Latin America 2024 published its prestigious rankings, recognizing fourteen practice areas and twenty lawyers from our office. In the Venture Capital category, the guide maintained the Tier 1 recognition for the practice area, and our managing partner Matías Zegers was recognized as a “Hall of Fame” lawyer. Jorge Timmermann and Pilar Ay were […]
Read moreDLA Piper Chile organizes successful second version of the forum for legal counsels in Chile
The second version of DLA Piper Chile’s Forum for Legal Counsels was held on Friday, September 29 at the Valle Escondido Golf Club and was attended by more than 120 lawyers. The forum was also attended by DLA Piper partners from the United States, DLA Piper Argentina, DLA Piper Martinez Beltran (Colombia), DLA Piper Peru and Campos Mello Advogados in […]
Read moreDLA Piper awarded 3 “deals of the year”
DLA Piper representation of Innergex Renewable Energy Inc. in the US$803.1 million refinancing of its portfolio of assets in Chile has been recognized by B2B market intelligence provider Proximo as the 2022 Latin America Bond “Deal of the Year.” This representation was also awarded with the “Power Deal of the Year”, by Project Finance International. Proximo, also recognized the advice […]
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