Firm News
Foreign Investment in Colombia: What are the Tax Benefits?
Colombia has provided the following tax benefits to attract foreign investors.
Pronouncement of the Labor Management on Clause that Provides for the Deliverty of Awards to the Worker for Mere Liberality
The Directorate of the Labor responded to a query about the legality of clauses inserted in individual work contracts in which prizes and incentives are agreed sporadic due to sales contests.
Use of Mask at Work and New Event Circular
As of October 1, and as a consequence of the progress at the national level to the opening phase of the Step-by-Step Plan, the use of the mask in work spaces is not mandatory. Consequently, the employer can only recommend and not force workers to wear a mask.
Sanitary Measures for Entering Chile as a Tourist
Exempt Resolution No. 1,209 published on September 1, 2022 modifies and establishes new requirements for non-resident foreigners to enter the country.
Permits for Foreign Investors
The Ministry of the Interior and Public Security, establishes the Migratory subcategories of Temporary Residence, within which we find the "Permit for Investors" (Article 62), aimed at individuals or companies that wish to invest at least USD 500,000 in Chile.