The Federation of International Trade Associations reports, “Chile’s economy is highly dependent on international trade. The share of foreign trade in country’s GDP is above 75%.” This market factor, combined with the country’s success in maintaining one of the highest performing economies in Latin America, makes it an attractive market for foreign commerce.
Perhaps you're interested in establishing a partnership with one of the country's exporters. You may be considering joint ventures with Chilean companies, franchise or licensing opportunities or sales of your products and services in Chile. Whatever your interests and needs, the resources provided in this section will lead you to information that can support your entry into this market.
More About Business Basics
Everything from understanding government regulations and tariffs, to the right labeling and gaining local representation comes into play when doing business in Chile. Getting the basics down can prepare you for market entry.
The Chilean government created this English-language website, which provides basic information about the country.
The Ministry's home page provides links to news, statistics and other information related to the Chilean economy.
The Federation international Trade Associations, (FITA), whose members include more than 450,000 trade-related organizations, created this resource, which provides an introduction to the Chilean market. Use the links on this page to navigate to more information about the economy and political structure, business environment and rules for buying, selling and operating a business in Chile.
This profile of the Chilean market was prepared by the Australian Trade Commission (Austrade), the Australian Government's trade and investment development agency. It reviews Chile's economic climate and provides information and statistics about trade relations.
Here, Austrade reviews Chilean market entry strategy, negotiations and etiquette as well as tariffs; methods of quoting and payment; and various documentation and tax issues.
UK Trade & Investment, a division of the government of the United Kingdom, created this downloadable PDF report on doing business in Chile. The report provides introductory information about the market, advice to companies that want to export to or do business in Chile, and a guide to etiquette, language and cultural concerns.
Understanding market-specific information, such as licensing, employment issues, getting credit, and starting a business or franchise, is critical in moving into new countries.
The World Bank's "Doing Business In" project compares business procedures and economic regulations in 181 countries throughout the world. This comprehensive report includes chapters about dealing with licenses, starting or closing a business, employing workers, getting credit, protecting investors, paying taxes, enforcing contracts, and trading across borders in Argentina. Most World Bank materials are published in English, Spanish, Portuguese, French, Russian, Chinese and Arabic.
This comprehensive report includes chapters about dealing with licenses, starting or closing a business, employing workers, getting credit, protecting investors, paying taxes, enforcing contracts and trading across borders in Chile.
This World Bank chart summarizes the procedures, schedule requirements, and costs associated with setting up a business in Chile.
Using the building of a warehouse as an example, this page features a chart summarizing the procedures, time and costs to build in Chile. Text beneath the chart provides details about each procedural step in the process.
Business success abroad depends not only on the quality of your products and services, but also on the knowledge and respect you show for the customs and manners of business people in your host country. These guides will help you to ensure that your business conduct in Chile makes a positive impression.