COVID-19 pandemic

Emergency legislation and official announcements

As the impact of the COVID-19 pandemic continues to develop, we will keep this page in constant development with the information we have published regarding relevant official announcements or emergency legislation enacted in Chile.

Feel free to contact us directly if you need specific advice related to any of our practice areas during this time of uncertainty.

Find key contacts on our practice areas pages, or write us directly at info@bmaj.cl.

Labor and Employment

1 June: New Law 21.232 that modifies the Employment Protection Law

29 May: New Law 21.235 on trade union activities

18 May: Guidance for employers on mental health of employees published by the Superintendency of Social Security

2 April: New Law 21.227 on Protection of Employment and Access to Benefits

24 March: New Law on Remote Work or Teleworking that modifies Article 152 of the Labor Code

Pablo Gutiérrez | pgutierrez@bmaj.cl

Corporate Law

23 June: Law 21.239 extends the mandate of directors or administrative and management bodies of non-profit entities

15 June: Rule 443 published, relaxing the requirements for the registration of public offering securities

1 June: Corporate aspects of the Employment Protection Law

25 April: Measures to facilitate access to the Guarantee Fund for Small and Medium-Sized Companies (FOGAPE)

23 March: CMF announces measures to facilitate the flow of credits to companies and households

18 March to 28 May: Measures for Cooperatives and Trade and Consumer Associations

18 March to 21 April: CMF authorizes use of mechanisms that allow remote attendance and voting at shareholders meetings

José Antonio Velasco | jvelasco@bmaj.cl

Tax Law

8 September: Law 21.256 – New tax incentives for the reactivation of the Chilean economy

7 August: Ministry of Finance publishes Supreme Decree No. 1156 on measures which have been adopted to alleviate the difficulties generated by Covid-19

Guillermo Fonseca | gfonseca@bmaj.cl

Dispute Resolution

2 April: Law 21.226 and continuity of judicial proceedings

Karen Werner | kwerner@bmaj.cl

Press

9 June: The impact of recognizing an overseas bankruptcy procedure, from the perspective of creditors in Chile (article by Gonzalo Barceló in El Mercurio Legal, in Spanish)

27 May: An analysis of the impact of Law 21.226 on arbitral proceedings (article by Carla Dittus in EstadoDiario, in Spanish)

6 May: An analysis of the possible introduction of “immunity cards” for employees (Pablo Gutiérrez quoted in Latin Lawyer)