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Chile Anti-Corruption Laws Chile Anti-Corruption Laws
Companies doing business in Chile – either directly or through subsidiaries or consultants and agents — need to ensure compliance with the applicable Chilean anti-corruption laws and update their compliance programs accordingly. Failure to comply with such anti-corruption laws may result in criminal fines up to twice the amount of the bribe, and sanctions and penalties, including imprisonment of the individuals involved for up to five years. Where a corporate entity violates the bribery laws, it may be prohibited from entering into contracts with governmental entities and agencies, may lose government benefits, face fines, and be forced to give up profits resulting from the bribery.

The Top 10 Corporate Law Tips for Startups The Top 10 Corporate Law Tips for Startups
MIAMI, FL, June 20, 2013 -
When preparing to launch a company, there are ten important corporate law tips that founders should consider to help minimize risk, maximize profits and comply with the law.

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