On October 25, 2025, the amendment to the Value Added Tax Law introduced by Law No. 21,713 on Tax Compliance (the “Law”) will enter into force, applying VAT to certain sales of goods located abroad made through digital intermediation platforms. Specifically, sales of good located abroad will be subject to VAT when made by a seller or service provider not domiciled or resident in Chile, through a digital intermediation platform, to non-VAT taxpayers, provided that the goods are destined for Chile and their value does not exceed USD 500. Additionally, the Law eliminates the VAT exemption applicable to imports of goods under USD 41...
Carey - Florida
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Overview
Carey is Chile's largest full-service law firm. Our various corporate, litigation and regulatory groups include highly-specialized attorneys and practice areas covering all areas of law. Our clients include some of the world's largest multinationals, international organizations, and some of the most important local companies and institutions. We are perceived as one of the best managed law firms in the country and we are amongst the very top in Latin America.
We are an effective bridge between legal systems. Most of our partners and senior associates have worked in North America, Asia, and Europe, as foreign or regular associates with leading international law firms, or as in-house counsel for major corporations or international institutions.
Carey is the law firm in Chile with the most practice areas ranked as Band 1 by Chambers Latin America: Banking and Finance; Corporate, M&A; Labor; Energy and Natural Resources; Insurance; Intellectual Property; Projects; Tax and Telecommunications.
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Articles
Entry into Force of U.S. Additional Tariffs on Imports of Wood and Derived Products
On October 14, 2025, the presidential proclamation issued on September 29, 2025, by U.S. President Donald Trump, entered into force and effect, imposing additional tariffs on imports of softwood timber, lumber, and wooden derivative products. As of that date, the following additional tariffs will apply to imports into the United States: 10% for softwood timber and lumber...
Press releases
Carey Advises SARIA Group on Acquisition
advised SARIA Group on the acquisition of a 36.45% equity interest in Fiordo Austral, a Chilean company engaged in the processing and transformation of by-products from the fishing and aquaculture industries.The transaction contemplates SARIA becoming a strategic shareholder of Fiordo Austral, with the aim of supporting the company’s development and growth, strengthening its operational and commercial capabilities, and creating new opportunities for expansion. The investment also seeks to combine SARIA’s industrial expertise and international presence with Fiordo Austral’s know-how and market position in Chile and the broader region...
Carey Advises on Cencosud’s USD 500 Million Strategic Bond Issuance
Morales & Besa in Santiago has helped Chilean retail group Cencosud carry out a US$500 million notes issuance and concurrent tender offer.Davis Polk & Wardwell LLP in New York and Carey in Santiago represented the initial purchasers and dealer managers. Cencosud will use the proceeds primarily to refinance its outstanding international notes maturing in 2027, helping extend its debt maturity profile and strengthen its financial position...
Blogs
Chilean Tax Reform
A new project to reform and modernize the Chilean tax system, and boost investment in the country, was presented by the government of President Sebastián Piñera on August 23, 2018. Through this website, and as with the two previous tax reforms, Carey will offer an analysis of the main proposed...
Hipervínculos
Privacy, Technology and Telecommunications blog
Water Code Reform
During March 2011, a draft bill was introduced through parliamentary motion, initiating the discussion of a comprehensive amendment of the Water Code. During its legislative discussion, the project has been subject to significant changes through substitutive indications submitted in 2014 by the...
