{"id":3652,"date":"2017-05-08T07:30:05","date_gmt":"2017-05-08T06:30:05","guid":{"rendered":"https:\/\/www.conferencecall.nl\/blog-uk\/?p=3652"},"modified":"2017-05-07T18:52:25","modified_gmt":"2017-05-07T17:52:25","slug":"exporting-chile-everything-need-know","status":"publish","type":"post","link":"https:\/\/www.conferencecall.nl\/blog-uk\/exporting-chile-everything-need-know\/","title":{"rendered":"Exporting to Chile &#8211; everything you need to know"},"content":{"rendered":"<p>The UK exported over \u00a31.5 billion of goods and services to Chile in 2013, and is the country&#8217;s sixth largest foreign investor. And despite Chile \u00a0having a relatively small population &#8211; its 17.95 million inhabitants make it the sixth most populated country in South America &#8211; it is the UK&#8217;s second largest export destination on that continent.<\/p>\n<p><!--more--><\/p>\n<p>The UK has a trade surplus with Chile with the main UK exports being:<\/p>\n<ul>\n<li>Crude oil<\/li>\n<li>Industrial machinery<\/li>\n<li>Cars<\/li>\n<li>Beverages<\/li>\n<li>Pharmaceuticals<\/li>\n<\/ul>\n<p>A business can be set up in just a day in Chile and over 100 British companies have direct operations in Chile and many more export through local partners.<\/p>\n<h2>The pros and cons of exporting to Chile<\/h2>\n<p>Chile\u00a0not only has good political relations with the UK, it also has a growing middle class &#8211; both of which benefit British businesses wanting to do business out there.<\/p>\n<p>Strengths of the Chilean market include&#8230;<\/p>\n<ul>\n<li>An open economy with with no net national debt<\/li>\n<li>Commitment to free trade<\/li>\n<li>A well developed financial market and economic structure.<\/li>\n<\/ul>\n<p>Challenges to trading with Chile\u00a0include&#8230;<\/p>\n<ul>\n<li>Travel time is about 15 hours, with no direct flights<\/li>\n<li>Spanish is the national language, you should not assume negotiations can take place in English<\/li>\n<li>Work needed on enforcing intellectual property rights.<\/li>\n<\/ul>\n<p>If you\u2019re doing business in Chile, you\u2019ll need a reliable and cost-effective conference call provider to help keep in touch when travelling isn\u2019t an option. Here\u2019s\u00a0<em><a href=\"https:\/\/www.conferencecall.nl\/blog-uk\/set-conference-call-chile-uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">How to set up a conference call between the UK and Chile<\/a>.<\/em><\/p>\n<p>And remember, you can now screen share and video conference, using <a href=\"https:\/\/www.conferencecall.nl\/blog-uk\/now-can-screen-share-conference-calls\/\" target=\"_blank\" rel=\"noopener noreferrer\">Crankwheel<\/a>.<\/p>\n<h2>Tax and customs\u00a0in\u00a0Chile<\/h2>\n<h3>Tax<\/h3>\n<p>There are three main types of taxation in Chile:<\/p>\n<ul>\n<li>Business profits tax &#8211; charged at 20%, this tax is also known as first category tax<\/li>\n<li>Individual income tax &#8211; charged at rates of between 0% and 40%, depending upon salary, this is also known as second category tax<\/li>\n<li>VAT &#8211; charged at a rate of 19%, with some exceptions.<\/li>\n<\/ul>\n<p>There are also additional taxes on beverages, fuel, luxuries, mining activities, and tobacco.<\/p>\n<p>&nbsp;<\/p>\n<h3>Customs<\/h3>\n<p>Chile has free trade agreements that cover 62% of the world, and any imports to the country from those outside of these agreements are subject to custom duties of 6%. Before you carry out any type of trade with Chile, it&#8217;s advisable to take on a customs agent to take care of imports and exports.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Image from <a href=\"https:\/\/pablo.buffer.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pablo <\/a>by Buffer.<\/em><\/p>\n<p><a href=\"https:\/\/www.conferencecall.co.uk\/conference-call\"><img decoding=\"async\" class=\"alignnone wp-image-1777 size-full\" src=\"https:\/\/www.conferencecall.nl\/blog-uk\/wp-content\/uploads\/2015\/05\/conference-call-banner.jpg\" alt=\"\" width=\"600\" height=\"118\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK exported over \u00a31.5 billion of goods and services to Chile in 2013, and is the country&#8217;s sixth largest foreign investor. And despite Chile \u00a0having a relatively small population<\/p>\n<div class=\"more-link-wrapper\"><a class=\"more-link\" href=\"https:\/\/www.conferencecall.nl\/blog-uk\/exporting-chile-everything-need-know\/\">Read More<span class=\"screen-reader-text\">Exporting to Chile &#8211; everything you need to know<\/span><\/a><\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22,2,7],"tags":[23,29,24],"_links":{"self":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts\/3652"}],"collection":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/comments?post=3652"}],"version-history":[{"count":1,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts\/3652\/revisions"}],"predecessor-version":[{"id":3656,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/posts\/3652\/revisions\/3656"}],"wp:attachment":[{"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/media?parent=3652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/categories?post=3652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conferencecall.nl\/blog-uk\/wp-json\/wp\/v2\/tags?post=3652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}