Chile - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Chile was 12.11 as of 2020. Its highest value over the past 7 years was 12.11 in 2020, while its lowest value was 7.06 in 2013.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

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Year Value
2013 7.06
2014 8.05
2015 8.32
2016 8.77
2017 9.34
2018 10.31
2019 10.66
2020 12.11

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 22.90
2010 21.10

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 0.600
2010 0.700

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 33.30
2010 42.60

Time required to get electricity (days)

The value for Time required to get electricity (days) in Chile was 43.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 43.00 in 2019 and a minimum value of 43.00 in 2009.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2009 43.00
2010 43.00
2011 43.00
2012 43.00
2013 43.00
2014 43.00
2015 43.00
2016 43.00
2017 43.00
2018 43.00
2019 43.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 27.89

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 65.30
2010 62.50

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 30.80
2010 46.10

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 45.40
2010 47.70

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2006 7.60
2010 0.40

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Chile was 5.10 as of 2019. Its highest value over the past 14 years was 5.30 in 2015, while its lowest value was 3.80 in 2005.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2005 3.80
2006 3.80
2007 3.80
2008 3.80
2009 3.80
2010 3.80
2011 3.80
2012 3.80
2013 3.80
2014 5.30
2015 5.30
2016 5.10
2017 5.10
2018 5.10
2019 5.10

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Chile was 2.60 as of 2019. Its highest value over the past 14 years was 3.00 in 2009, while its lowest value was 2.60 in 2013.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 3.00
2006 3.00
2007 3.00
2008 3.00
2009 3.00
2010 2.70
2011 2.70
2012 2.70
2013 2.60
2014 2.60
2015 2.60
2016 2.60
2017 2.60
2018 2.60
2019 2.60

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Chile was 26.20 as of 2019. Its highest value over the past 14 years was 26.20 in 2019, while its lowest value was 18.00 in 2009.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 18.40
2006 18.30
2007 18.30
2008 18.30
2009 18.00
2010 18.00
2011 18.00
2012 21.20
2013 21.20
2014 21.00
2015 22.00
2016 23.60
2017 25.20
2018 26.20
2019 26.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment