VARELA | ABOGADOS

Chile's Congress has approved one of the most significant economic reforms in years, with direct effects on corporate taxes, certainty for foreign investment, and project permitting. In early August 2026, the Senate and the Chamber of Deputies ratified the joint committee's report and passed the bill for National Reconstruction and Economic and Social Development (Bulletin No. 18,216-05), leaving it ready for enactment. The initiative combines reconstruction measures for the

Many companies write off money that, with the right legal strategy and by acting in time, they could still recover. An unpaid invoice, a breached contract, or a customer who has gone silent do not always mean a definitive loss: in most cases there are legal avenues to demand payment, and the difference between collecting and writing off a debt often comes down to choosing the right mechanism and not letting the deadlines pass. This guide explains the options a company in Chil

Every company needs corporate legal advice at some point, though it does not always recognize it in time. Corporate law does not end when the company is incorporated: it accompanies the business throughout its entire life, from choosing a structure to the decisions that define its governance, its growth, and its exposure to risk. Many companies—mid-sized ones in expansion, in particular—make significant corporate decisions without advice, and discover the problem only once it

A labor audit is the most effective tool for a company to identify its employment law risks before they become lawsuits, fines, or conflicts with the Labor Directorate. In Chile, many companies — especially mid-sized ones — operate with outdated employment contracts, internal regulations that no longer reflect their current reality, or termination procedures that create unnecessary legal exposure. This article explains what a labor audit involves, what it covers, when to carr

Disputes between business partners are among the most complex crises a company can face. What begins as a difference of opinion over the direction of the business can quickly escalate to paralyze management, compromise finances, and, in the most serious cases, destroy a company that took years to build. This article explains why these disputes arise, what legal options exist to resolve them, and what measures can be taken to prevent them. 1. Why Do Partner Disputes Arise? The

Incorporating a company in Chile is more straightforward than many people think. Under current regulations, it is possible to set up a company in just a few days and at low cost. However, the decisions made at the outset — the type of entity, the bylaws, the tax regime — have long-term consequences that are worth understanding before proceeding. This guide covers everything you need to know to incorporate a company in Chile correctly. 1. Which type of company should you choos

Buying property in Chile as a foreigner is perfectly possible and increasingly common. Chile offers legal stability, a solid property registration system, and the ability to repatriate capital abroad — making it an attractive destination for international real estate investment. However, the process has specific legal requirements that are essential to understand before taking any steps. This guide covers everything you need to know if you live outside Chile and want to purch