Investing In... 2026

CHILE

Bolivia Brazil Paraguay

Chile

Uruguay

Santiago

Law and Practice Contributed by:

Argentina

Fernando Lathrop Aubert, Francisco Cárcamo Valdés, Jimena Illanes Diez, Joyce Jankelevich Mayer, Macarena Jaramillo Solís, Michelle Niedbalski Ramírez, Nicolás Maldonado Leyton and María Fernanda Heusser Errázuriz Lathrop Mujica Herrera & Diez Abogados

Contents 1. Legal System and Regulatory Framework p.111 1.1 Legal System p.111 1.2 Regulatory Framework for FDI p.111 2. Recent Developments and Market Trends p.111 2.1 Current Economic, Political and Business Climate p.111 3. Mergers and Acquisitions p.112 3.1 Transaction Structures p.112 3.2 Regulation of Domestic M&A Transactions p.112 4. Corporate Governance and Disclosure/Reporting p.113 4.1 Corporate Governance Framework p.113 4.2 Relationship Between Companies and Minority Investors p.114 4.3 Disclosure and Reporting Obligations p.114 5. Capital Markets p.114 5.1 Capital Markets Overview p.114 5.2 Securities Regulation p.115 5.3 Investment Funds p.115 6. Antitrust/Competition p.115 6.1 Applicable Regulator and Process Overview p.115 6.2 Criteria for Antitrust/Competition Review p.116 6.3 Remedies and Commitments p.117 6.4 Antitrust/Competition Enforcement p.117

7. Foreign Investment/National Security p.118 7.1 Applicable Regulator and Process Overview p.118 7.2 Criteria for National Security Review p.118 7.3 Remedies and Commitments p.118 7.4 National Security Review Enforcement p.119 8. Other Review/Approvals p.119 8.1 Other Regimes p.119 9. Tax p.120 9.1 Taxation of Business Activities p.120 9.2 Withholding Taxes on Dividends, Interest, Etc p.121 9.3 Tax Mitigation Strategies p.121 9.4 Tax on Sale or Other Dispositions of FDI p.122 9.5 Anti-Evasion Regimes p.122 10. Employment and Labour p.123 10.1 Employment and Labour Framework p.123

10.2 Employee Compensation p.123 10.3 Employment Protection p.124

11. Intellectual Property and Data Protection p.124 11.1 Intellectual Property Considerations for Approval of FDI p.124 11.2 Intellectual Property Protections p.125 11.3 Data Protection and Privacy Considerations p.125

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