Investment and Export to Chile - Cámara Chileno-Suiza de ...
Investment and Export to Chile - Cámara Chileno-Suiza de ...
Investment and Export to Chile - Cámara Chileno-Suiza de ...
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<strong>Investment</strong> <strong>and</strong> <strong>Export</strong> <strong>to</strong> <strong>Chile</strong><br />
A Contribution from<br />
The Swiss-<strong>Chile</strong>an Chamber of Commerce<br />
Santiago <strong>de</strong> <strong>Chile</strong><br />
Ladina Baniclès, Managing Direc<strong>to</strong>r<br />
Zürich, Oc<strong>to</strong>ber 2009
Summary<br />
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Short overview about <strong>Chile</strong><br />
Demographic characteristics<br />
Facts <strong>and</strong> Figures<br />
Bilateral Balance of Tra<strong>de</strong><br />
<strong>Chile</strong>s principal economic activities<br />
<strong>Chile</strong> as a platform for Latin America<br />
Opportunities for Swiss Companies<br />
Why invest in <strong>Chile</strong>?<br />
CORFO Promotion Program<br />
Basic Information about how <strong>to</strong> create a company in <strong>Chile</strong><br />
Fairs in <strong>Chile</strong><br />
About the Swiss Chamber of Commerce in <strong>Chile</strong><br />
Board<br />
How can the Chamber support you<br />
Overview about our service/ Ad<strong>de</strong>d Value<br />
Useful Links
<strong>Chile</strong>
Demographic Characteristics<br />
• Capital:<br />
• Population capital:<br />
• Total population:<br />
• Coordinate:<br />
• Surface:<br />
• Bor<strong>de</strong>r:<br />
• Density:<br />
Official language:<br />
Government:<br />
Presi<strong>de</strong>nt:<br />
In<strong>de</strong>pen<strong>de</strong>nce from Spain<br />
Santiago <strong>de</strong> <strong>Chile</strong><br />
6’000’000 habitants<br />
16’928’873<br />
33º26’16” S 70º39’01”O<br />
755’838’7 Km2<br />
6’171 Km(4’350 Km coast)<br />
22,18 hab/Km2<br />
Spanish<br />
Democratic Republic<br />
Michelle Bachelet Jeria<br />
18.09.1810
Facts <strong>and</strong> Figures<br />
Recent economic indica<strong>to</strong>rs<br />
GDP USD bn<br />
GDP USD per capita<br />
GDP Growth<br />
Unemployment<br />
Inflation<br />
Min. Salary / Month USD<br />
2008<br />
184,6<br />
14'411<br />
4,5%<br />
7,8%<br />
7,1%<br />
270<br />
2009 est.<br />
170<br />
14'190<br />
-1%<br />
≥10,3%<br />
0,5%<br />
290
Bilateral Balance of Tra<strong>de</strong><br />
300<br />
Mio.<br />
CHF<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
2001 2002 2003 2004 2005 2006 2007 2008<br />
RCH -> CH<br />
CH -> RCH
Principal Economic Activities<br />
Copper Production<br />
Fruits <strong>Export</strong>s<br />
Wine <strong>Export</strong><br />
Lumber <strong>and</strong> Wood<br />
Tourism 2008<br />
6,8 mio t/<br />
year<br />
814'588 t/<br />
year<br />
8'000'000 hl/<br />
year<br />
US$ 4,5bn/<br />
year<br />
2,7 mio<br />
persons ↑
<strong>Chile</strong> as a Platform for Latin America<br />
Reasons <strong>and</strong> aspects<br />
Open economy<br />
Free Tra<strong>de</strong> agreement since 2004<br />
Free Tra<strong>de</strong> Agreements with more than 58 Countries<br />
First Country with FTA with Switzerl<strong>and</strong><br />
Effective Import duties 2% - 0%<br />
Double Taxation Agreement approved (ratification pending)<br />
Optimally Taxes treatment (Flat rate of 17%)<br />
<strong>Investment</strong> Protection agreement since 2002, No Currency Control
Opportunities for Swiss Companies<br />
High Technology in Mining <strong>and</strong> Aquaculture<br />
(Machinery, Labora<strong>to</strong>ry, Packaging, Certification)<br />
Energy<br />
Renewable Energy (Green building)<br />
Machinery <strong>and</strong> Industry<br />
<strong>Chile</strong> as a test market for Latin America<br />
Pharmaceuticals<br />
List 56 medicaments<br />
Environmental Technologies<br />
Water treatment, Air pollution<br />
High Value Consumable Goods<br />
Cosmetics<br />
! 3 studies are in process with Osec <strong>and</strong> consultants from the CCHSC!<br />
Road show on the 19. November 2009
Opportunities for Swiss Companies<br />
Other segments<br />
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Biotech<br />
Experts in certify Carbon<br />
Footstep<br />
Tourism<br />
Public transportation<br />
Mining<br />
<strong>Export</strong> platform<br />
Industry<br />
Financial Services
Why invest in <strong>Chile</strong>?<br />
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Latin America’s most competitive, peaceful an stable economy<br />
A transparent low risk business climate<br />
(low corruption, rank 23 CPI in comparison <strong>to</strong> rank 109 CPI for Argentina)<br />
World Class telecommunications infrastructure<br />
Outst<strong>and</strong>ing access <strong>to</strong> Latin American markets, (FTA, MERCOSUR, NAFTA )<br />
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I<strong>de</strong>al test market (buying capacity of a concentrated population in a small area)<br />
Extensive network of Free Tra<strong>de</strong> Agreements with Europe, Asia,<br />
Latin America, <strong>and</strong> the US.<br />
Competitive IT Labor force (Well educated manpower)<br />
An “e-ready” society<br />
Competitive Business costs<br />
Government support for private enterprise<br />
Exceptional Quality of life<br />
Good qualified Distributers looking for Swiss products
CORFO Promotion programmes<br />
<strong>Chile</strong>an Economic Development Agency gives support<br />
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Co-Financing for Pre <strong>Investment</strong> studies within the program “Todo <strong>Chile</strong>”<br />
from CORFO: 2% of the investment amount max. US$60’000<br />
Application form has <strong>to</strong> content terms of reference, kind of study<br />
required <strong>and</strong> estimated <strong>Investment</strong> amount<br />
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Co-Financing HT (High technology):<br />
<strong>Investment</strong> Projects High technology ≥US$500’000
CORFO Promotion programmes<br />
Consi<strong>de</strong>red Hi-tech <strong>Investment</strong> projects:<br />
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The projects of high technology investment improving intensive<br />
<strong>de</strong>velopment <strong>and</strong> / or use of new technologies in the fields of information<br />
<strong>and</strong> communications technologies, biotechnology, new materials,<br />
electronics <strong>and</strong> process engineering.<br />
Also, companies will be eligible witch apply new production techniques<br />
<strong>de</strong>veloping <strong>and</strong> adding value <strong>to</strong> natural resources in the country.<br />
Others area:<br />
Cus<strong>to</strong>mer Service Centres<br />
Shared Service<br />
Repair Centres, Assembly, Distribution <strong>and</strong> Logistics.<br />
Centre of Information Technology <strong>and</strong> Software Development.<br />
Integration Centre <strong>and</strong> Technological Development.<br />
Technological Research Centre.
Description of High-tech Clusters<br />
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High tech<br />
These projects may be <strong>de</strong>veloped in various sec<strong>to</strong>rs <strong>and</strong> / or production<br />
areas, including:<br />
Vertical industries such as financial sec<strong>to</strong>r, transportation, consumer<br />
goods, energy, telecommunications <strong>and</strong> retail, among others.<br />
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Cluster productive as mining, aquaculture, fruit farming, agribusiness<br />
<strong>and</strong> wine industry, among others.<br />
Technological industries as information technology, medical technology,<br />
biotechnology, microelectronics <strong>and</strong> new materials, among others.
Subsidiaries <strong>to</strong> High Technology<br />
Projects<br />
HT1: Pre-<strong>Investment</strong> Studies Subsidy. (US$ 30,000)<br />
HT2: Subsidiary Facilitation Commissioning. (US$ 30,000)<br />
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HT3: Subsidiary <strong>to</strong> Human Resources Training (up <strong>to</strong> 25% of annual<br />
growth salary of each employee, with a maximum of US$ 5,000.)<br />
HT4: Subsidiary on Assets <strong>Investment</strong> (40% of investment in fixed<br />
assets with a ceiling of US$ 2,000,000 .-)<br />
HT5: Contribution <strong>to</strong> long-term lease of property owned by third parties<br />
(40% of rental income from the first 5 years, with a ceiling of US$<br />
1,000,000)<br />
HT6: Subsidiary <strong>to</strong> Training Programs regarding High Specialization<br />
(50% of the cost of a training program, for once, with a ceiling of US$<br />
100.000)
Basic Information about how <strong>to</strong><br />
create a company in <strong>Chile</strong><br />
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Recommen<strong>de</strong>d legal form of a company:<br />
GmbH or AG / These types are almost i<strong>de</strong>ntical as in the Switzerl<strong>and</strong> but<br />
the capital is lower (A.G. CHF 20’000.-)<br />
The procedure establishing a company in <strong>Chile</strong> (approach, duration of<br />
the start-up process, etc: is usually via a notary <strong>and</strong> at<strong>to</strong>rney <strong>and</strong><br />
happened <strong>to</strong> be "relatively" simple. / Duration: about 1-2 Month relatively<br />
quickly <strong>and</strong> low bureaucracy<br />
It is possible <strong>to</strong> operate in <strong>Chile</strong>, just as a "letterbox Firm” '(so you’ll be<br />
able <strong>to</strong> h<strong>and</strong>le the registration of your products) The local presence can<br />
be h<strong>and</strong>led easily via m<strong>and</strong>ate, power of at<strong>to</strong>rney, vi<strong>de</strong>o conferencing,<br />
etc. <strong>de</strong>legated or transferred.<br />
Depending on the legal form <strong>and</strong> the consulting the costs <strong>to</strong> establish a<br />
company could be approximately between CHF 1000.- <strong>and</strong> 10'000 .-<br />
The Chamber is here <strong>to</strong> assist you <strong>and</strong> recommend reliable experts in<br />
the matter
Fairs in <strong>Chile</strong><br />
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FIDAE is the leading aerospace <strong>and</strong> <strong>de</strong>fense fair in Latin America<br />
gathering products <strong>and</strong> services from the six following fields:<br />
Civil-commercial aviation, Defense, Aircraft maintenance, Airport<br />
equipment, Space technology, Homel<strong>and</strong> security<br />
Next fair: 23.08. – 28.08.2010 in Santiago, <strong>Chile</strong><br />
Exhibi<strong>to</strong>rs:<br />
Ca. 430 exhibi<strong>to</strong>rs from ca. 40 countries<br />
Visi<strong>to</strong>rs:<br />
Ca. 40.000 tra<strong>de</strong> visi<strong>to</strong>rs
Fairs in <strong>Chile</strong><br />
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AQUA SUR is held in March every other year in the city of Puer<strong>to</strong> Montt,<br />
Region of Los Lagos, where most of the aquaculture companies that<br />
have led <strong>Chile</strong> <strong>to</strong> become the second salmon producer in the world after<br />
Norway, are installed. AQUA SUR has become the most important<br />
aquaculture fair in the southern hemisphere, bringing <strong>to</strong>gether suppliers<br />
of equipment, supplies <strong>and</strong> services. Next fair: 24.03. – 27.03. 2010<br />
Exhibi<strong>to</strong>rs:<br />
900 companies from ca. 40 countries<br />
Suppliers of products, equipment or services for the aquaculture sec<strong>to</strong>r<br />
Visi<strong>to</strong>rs:<br />
Entrepreneurs, inves<strong>to</strong>rs, authorities, banks, executives, professionals,<br />
foreign <strong>de</strong>legations, researchers, aca<strong>de</strong>mics related <strong>to</strong> aquaculture<br />
farming, who <strong>de</strong>ci<strong>de</strong> on, or recommend, purchases of products,<br />
equipment or services
Fairs in <strong>Chile</strong><br />
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Expomin – The Center of the World Mining Industry in <strong>Chile</strong><br />
is one of the largest mining tra<strong>de</strong> shows in the world <strong>and</strong> the largest in<br />
Latin America. Next fair: 12.04.2010 – 16.04.2010 in Santiago, <strong>Chile</strong><br />
Exibi<strong>to</strong>rs:<br />
1.100 companies, ca. 5.000 br<strong>and</strong>s from ca. 30 countries<br />
Profile for exhibit inclu<strong>de</strong> Mining equipment, supplies <strong>and</strong> services,<br />
computers - software <strong>and</strong> hardware, conveyors <strong>and</strong> associated h<strong>and</strong>ling<br />
equipment, electrical equipment, <strong>and</strong> a lot more<br />
Visi<strong>to</strong>rs:<br />
Ca. 60.000 professional visi<strong>to</strong>rs<br />
Managers, heads <strong>and</strong> technicians from mining company purchasing<br />
<strong>de</strong>partments Top mining company executives<br />
Presi<strong>de</strong>nts <strong>and</strong> direc<strong>to</strong>rs of national <strong>and</strong> international mining managerial<br />
associations
About the Chamber<br />
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We are a motivated, experienced <strong>and</strong> ambitious team with very good<br />
contacts in <strong>Chile</strong> as in Switzerl<strong>and</strong> <strong>and</strong> with clear visions concerning the<br />
future bilateral business relationship between both countries<br />
The Chamber of Commerce exists since 1955<br />
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It is Non Profit Organization (financed by their members <strong>and</strong> their<br />
services)<br />
Our Members:<br />
26 Big Companies (Nestlé, Novartis, ABB, Roche, Schindler, Swisslife<br />
etc.)<br />
55 Small <strong>and</strong> Middle Enterprises<br />
14 private <strong>and</strong> honorary members<br />
CCHSC has an agreement with the Osec Pool of Experts <strong>and</strong> Fairs<br />
CCHSC is member of the LatCam <strong>and</strong> of the SwissCham
Board<br />
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Mr.Fern<strong>and</strong>o <strong>de</strong>l Solar – Regional CEO Nestlé<br />
Mr.Ricardo Aguilar – Country Manager Novartis<br />
Mr.Frank Wernicke – General Manager Interpet/Fromm Holding<br />
Mr.Eduardo Couyoumdjian – Commercial Manager Zürich-Vers.<br />
Mr. Felipe Ernst – At<strong>to</strong>rney – Partner of Figueroa, Valenzuela Abogados<br />
Mr. André Boeck – General Manager Comercial Pacific<br />
Mrs. Veronika Fischer – Coordina<strong>to</strong>r Présence Suisse (Swiss Embassy)<br />
Manager Swiss-<strong>Chile</strong>an Chamber of Commerce<br />
Mrs. Ladina Baniclès<br />
Project Manager<br />
Mr. Basil Apothéloz
How can the Chamber support you?<br />
Focus on SME<br />
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Basic Information<br />
Legal assistance<br />
Local Market information:<br />
Market studies based on a step by step module (Market Flash,<br />
Competition check etc.)<br />
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Business Partner Search<br />
Business Contact check<br />
Financial <strong>and</strong> economical information about your possible <strong>Chile</strong>an<br />
business partner
Overview about our services<br />
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Market studies including,<br />
Competition check, Businesscontact<br />
check<br />
Relocation Full-service<br />
High quality Database<br />
Diversify Pool of Experts<br />
High quality contacts:<br />
Members of the Chamber<br />
CORFO<br />
Swiss Local Embassy<br />
Government<br />
<strong>Chile</strong>an-German Chamber of<br />
Commerce<br />
Organization of Fairs for Swiss<br />
Companies<br />
Benefits as a Member of the chamber:<br />
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Support by organization of local<br />
events (free of charge)<br />
Promotion of your company, your<br />
products <strong>and</strong> your services by<br />
monthly Newsletters <strong>and</strong> by our<br />
Homepage (free of charge)<br />
Business Contact within the<br />
Chamber<br />
Relocation Full-service, including<br />
introduce you in<strong>to</strong> <strong>Chile</strong>an<br />
Business society
Ad<strong>de</strong>d value<br />
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Excellent <strong>and</strong> permanent contacts with Swiss companies established in<br />
<strong>Chile</strong> <strong>and</strong> in Switzerl<strong>and</strong><br />
Assistance in the selection of local experts <strong>and</strong> professionals<br />
Close <strong>and</strong> direct relationship with <strong>Chile</strong>an promotion agencies <strong>and</strong> their<br />
programs (CORFO; PROCHILE, CHILEAN INVESTMENT<br />
COMMITTEE, etc.)<br />
Active co-operation <strong>and</strong> close business relationship with the Swiss<br />
Embassy in <strong>Chile</strong><br />
Representation of our members vis à vis other commercial institutions or<br />
government agencies<br />
In<strong>de</strong>pen<strong>de</strong>nce<br />
Special ad<strong>de</strong>d value: We offer you all type of support concerning<br />
integration <strong>and</strong> orientation of manpower you might sent <strong>to</strong> <strong>Chile</strong>, like<br />
location, education, health etc
Useful Links<br />
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www.swisschile.cl<br />
www.efta.int<br />
www.tares.ch<br />
www.osec.ch<br />
www.hightechchile.cl<br />
www.corfo.cl
Contact Us!<br />
Cámara <strong>Chile</strong>no-<strong>Suiza</strong> <strong>de</strong> Comercio A.G.<br />
Ladina Baniclès<br />
Managing Direc<strong>to</strong>r<br />
Tel: +56 (0)2 315 19 78<br />
Fax: +56 (0)2 358 29 27<br />
Mobile in Switzerl<strong>and</strong> +41 (0)79 401 88 21<br />
lbanicles@camarachilenosuiza.cl<br />
www.swisschile.cl
Thank you for your attention!
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