startup in chile

at the edge of the world

Startup CHILE

at the beginning of the world

Startup CHILE

Chile´s GDP growth from 2005 to 2012 at an average annual rate of 4.6%, according to the Central Bank of Chile.

GROWTH

1In 2010 Chile became the first South American member of the Organization for Economic Cooperation and Development (OECD).

ATTRACTIVELANDSCAPES

With over 4,000 miles of coasts, the driest desert in the world, islands, forest, lakes, rivers and especially the Andes range, Chile is one of the most diversified countries in natural landscapes in South America. 2

SAFETY

Chile is the 2nd most safe country in South America according to the Global Peace Index.

In the World, Chile is the 31th.

www.visionofhumanity.org 3

Santiago: Chile's capital city is cosmopolitan, the financial, cultural, and political center of the country.

There are thousands of places to visit: historic buildings, modern architecture, parks, museums, etc.

Nightlife is great!

FUN CITY

4

RESOURCES

5• Chile's modern telecommunications

infrastructure stands out in the region.

• Competitive costs and skilled professionals are some of the advantages that Chile offers to foreign companies settled in the country.

• Chilean cities are well-evaluated when it comes to considering conditions for doing business and costs of transfers, among others.

• Business income tax (1st cat): 20%

• Individual income tax (2nd cat or comp): max 40%

• General tax on payments abroad: 35%

• License fees: 30%

• Advisory services: 30%

• Interests on loans from authorized banks: 4%

• Interests on loans from non-authorized financial

institutions: 35%

We are completely competitive

(BIT):Argentina: 35%

Peru: 30%

Brazil: 34%

TAXES

6

CORPORATELAW

7• Sociedad Anónima (SA) or Corporation

• Sociedad por Acciones (SpA) or Stock Company

• Sociedad de Responsabilidad Limitada or Limited Liability Company

• Empresa Individual de Responsabilidad Limitada (EIRL) or Individual Limited Liability Company

COST OF LIVING

8Per month in USD, per person:

• Housing :

400 to 600

• Utilities :

200

• Grocery :

200

• Communications : 60

• Public Trans. :

80

Others (average):

• 1 coffee :

2

• 1 diet coke :

1,5

• Big Mc :

6

ENTREPRENEURIALECOSYSTEM

9Supporting institutions

• Incubators

≈ 24

• University Programs

≈ 7

• Innovation centers

≈ 7

• Government Agencies & Programs ≈ 23

• Entrepreneurial Committees

≈ 19

• NGO and Associations

≈ 33

• Contests

≈ 15

Source: http://www.andesbeat.com

10Start-Up Chile is a governmental program to support foreign entrepreneurs with 40,000 USD* per project.

*:http://startupchile.org/about/the-program/

Why not?

Questions?

Ed

uar

do

Rey

es

eduardo.reyes.b@me.com+1 786 340 3309skype: edoreyeswww.linkedin.com/in/ereyes

Co

-cre

ated

by

Sebastián LagunasNOVARYS and NETUP cofounder sebastian@onebiz.cl

Josefa VillaroelManager Garage UAI at Universidad Adolfo Ibáñezjosefavillarroelm@gmail.com

Alejandro GarcíaEntrepreneur and EMPRENET and NETUP cofounder contacto@controlsigma.cl

José Ortiz AcevedoLed La Liga del Diseñojose.ortiz.design@gmail.com

Ury SarabiaStartup Essentials + Founder at #EEAAury.sarabia@gmail.com

Cristián ZambraEntrepreneur and Manager at INDSczambraa@gmail.com

https://www.youtube.com/watch?v=1CLefAQCsSk

https://www.youtube.com/watch?v=Gl53FKXsdsg

Testi

mon

ials

Refe

renc

es 1. http://ww.emprenet.cl

2. http://startupchile.org

3. http://www.corfo.cl

4. http://asech.cl/contenidos/

5. 10 Reasons to do business in Chile (Sergio Silva Alcalde)

6. Doing business in Chile (KPMG)

7. Doing Business in Chile (PWC)

8. Making it happen in Chile (AndesBeat)

Mee

tings

Dozens of weekly entrepreneurial meetings

CORPORATELAW

Highlights:

• 30 days if the founders are in Chile.• More if they are represented by proxy: Notarization and

Legalization.• Costs in Chile depend on the capital; a reasonable

average is USD 1,000.00 excluding legal fees.

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SOCIALSECURITY

Private Health is a little expensive but it’s works

• Pension plan: Contribution 10% salary +

commission established by the fund (average

2.6%)

• Health Care: Contribution 7%; max. 70 UF

• Unemployment: 2.4%

• UF: Unidades de Fomento (1 UF = 40 USD)Inte

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GOVERMENTSUPPORT

Chile’s Government offers investment incentives and governmental programs to those who are interested in investing in the country.

• http://www.corfo.cl

• http://www.ciechile.gob.cl/en

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ENTREPRENEURACCOUNT BANK

You can open an Debit Card

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