Summary
GlobalData's “Chile's Mining Fiscal Regime 2019” report outlines the governing bodies, governing laws, mining licensing, taxes and royalties in Chile's mining sector.
The Ministry of Mining, National Service of Geology and Mining, Ministry of Energy, Ministry of Environment and Chilean Copper Commission are the primary regulatory authorities that govern the mining industry in Chile.
Similarly, the Mining Code and the Constitutional Organic Law on Mining Concessions are responsible for granting mining concessions for either exploration or exploitation. In the World Bank’s Ease of Doing Business Index, Chile was ranked 56th among 190 countries in 2019 - a decline from the previous year’s rank of 55th and 27th among 180 countries according to the Corruption Perception Index (CPI).
Scope
- The report outlines the governing bodies, governing laws, various mineral licenses, taxes and royalties.
Reasons to buy
- Obtain up-to-date information on mining sector taxes and payments
- Conduct analysis to mitigate the impact of regulatory changes
- Understand the regulatory framework
- Gain an overview of the mining industry structure by identifying Chile's mining governing bodies, major laws and licenses
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Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Executive Summary
3 Chile’s Mining Fiscal Regime - Country Overview
3.1 Macroeconomic Performance
3.2 Ease of Doing Business
3.3 Corruption Index
3.4 Comparison of EoDB and CPI
3.5 Minerals Overview
4 Chile’s Mining Fiscal Regime: Governing Bodies
4.1 Ministry of Mining
4.2 National Service of Geology and Mining
4.3 Ministry of Energy
4.4 Ministry of Environment
4.5 Chilean Copper Commission
5 Chile’s Mining Fiscal Regime: Mining Laws
5.1 Mining Code
5.2 Constitutional Organic Law on Mining Concessions
5.3 Mining Safety Regulation
5.4 Mining Sites and Facilities Closure Law
5.5 Exploration License
6 Chile’s Mining Fiscal Regime: Mining Rights and Obligations
6.1 Mining Rights and Obligations
7 Chile’s Mining Fiscal Regime: Taxes and Royalties
7.1 Corporate Taxes
7.2 First Category Tax
7.2.1 Fully Integrated Tax Regime
7.2.2 Partially Integrated Tax Regime
7.3 Second Category Income Tax
7.3.1 Withholding Tax
7.3.2 Real Estate Tax
7.3.3 Stamp Tax
7.4 Tax on Mining Activities
7.5 Value Added Tax
7.6 Customs duties
8 Appendix
8.1 Abbreviations
8.2 Methodology
8.3 Coverage
8.4 Secondary Research
8.5 Contact Us
8.6 Disclaimer
List of Tables
Table 1: Chile’s Mining Fiscal Regime - Key Taxes and Royalty Rates, 2019
Table 2: Chile’s Mining Fiscal Regime - Ease of Doing Business, Global Ranking, 2018-2019
Table 3: Chile’s Mining Fiscal Regime - First Category Tax, 2019
Table 4: Chile’s Mining Fiscal Regime - Withholding Tax, 2019
Table 5: Chile’s Mining Fiscal Regime - Mining Tax, 2019
List of Figures
Figure 1: Chile’s Mining Fiscal Regime - Country Overview, 2018
Figure 2: Chile’s Mining Fiscal Regime - Nominal GDP (US$ Billion) and Real GDP Growth Rate (%), 2001-2018
Figure 3: Chile’s Mining Fiscal Regime - Mineral Exports and FDI in Mining, 2015-2018
Figure 4: Chile’s Mining Fiscal Regime - Ease of Doing Business in Chile, Global Ranking, 2018-2019
Figure 5: Chile’s Mining Fiscal Regime - Corruption Perception Index Rank, 2014-2018
Figure 6: Chile’s Mining Fiscal Regime - Comparison of EoDB and CPI
Figure 7: Chile’s Mining Fiscal Regime - Minerals Production Trend, 2011-2018
Figure 8: Chile’s Mining Fiscal Regime - Mines/Projects by Commodity and Stage, 2019
