"Forget it! Chief, I'm glad you told me this today, otherwise I wouldn't have known there were so many things going on here. I'm here to invest, not to find guilt, so I'm going to change places! Tang Feng said to the leader with a wry smile.

The leader nodded with a look of relief and said, "Tang, if you can see this clearly, I'm relieved." In fact, Bolivia is rich in mineral resources, but now is not the best time to develop it, especially since I do not recommend private investment to enter the country too early. Perhaps in a few years, when the domestic political situation in Bolia is stable, the relevant policies and regulations are also sound, and the people's vision is more long-term, then it is the best time to enter this market. ”

"But chief, I really want to develop a few mineral deposits in this area now, the entire Andes Mountains can be said to be where the essence of the world is gathered, if I let go of this treasure land, I am a little unwilling."

"Hehe, it's easy. You don't have to be tied to a tree in Bolivia. Several countries around Bolivia can invest, such as Argentina, for example, Chile, the investment environment is very good, you have money in your hands, you can go to these countries for mineral development! ”

"Argentina? Chile? ”

The leader nodded and said, "That's right, if I were you, I would go to these two countries to invest in the development of mineral resources." Let's start with Argentina, which is a country with an ideal mining investment. In terms of prospecting prospects, the western part of Argentina is the Andes Mountains, which are active uplifts of the Meso-Cenozoic, with the development of magmatic rocks, volcanic rocks and fault structures, and good metallogenic conditions for gold and polymetallic ores. Moreover, Argentina has a moderate degree of geological and mineral research, and the 1:250,000 district survey has covered most of the bedrock areas. The most important thing is that Argentina has very good relations with you, China, and the United States. In addition, the quality of the people is relatively high, the laws and regulations are relatively sound, there are convenient transportation conditions, convenient railways and highways, suitable climate, and abundant goods. Abundant electricity and convenient water sources are all advantages of Argentina. ”

"And since Argentina enacted a new mining investment law in 1993, the investment climate here has been much better. In order to encourage foreign investment in the mining industry, Argentina's new mining investment law has several advantages that are particularly favorable for foreign investment, including a 30-year fiscal and tax stabilization period, exemption from customs duties on capital goods, double reduction and accelerated return of exploration costs; The Federal Mining Agreement Act harmonizes mining procedures at the provincial level and establishes a public bidding system for large-scale mining projects; The Mining Renewal Act reinstates the concession system for the exploitation of nuclear minerals; Moreover, foreign-owned enterprises enjoy national treatment in Argentina. The most critical thing is. At present, foreign capital in Argentina mining development, the need to pay a relatively low tax, only 33% of the corporate income tax and the maximum mineral royalty of 3% of the amount of the mine in the developed mining area, the rest is only the rent of the mining land, those are all. ”

"Such good conditions?" Tang Feng was also a little surprised.

The leader nodded and said, "What I'm talking about is only some general aspects, and you still need to consult some specific conditions yourself." But just these conditions are already many times better than Bolivia. In summary, the Fraser Institute of Canada has released the results of its 14/15 annual survey of mining companies. Argentina is ranked 43rd in the policy index (out of 68 countries surveyed) and 36th in the indicator of mineral resource potential under current regulations and land constraints. In Central and South America is located after Chile, Brazil, Mexico, and Peru. Better than other Latin American countries. ”

Tang Feng nodded, thought about it and asked, "What about Chile?" ”

"Chile? Hehe, Chile can be said to be the most suitable country for mining investment in Latin America. According to a 2010 assessment of the business climate in 82 economies around the world by the EconomistIntelligentUnit, Chile ranked 15th in the world, but ranked first among Latin American countries. In this assessment, the United States ranks 13th in the world. And Germany is ranked 14th! According to TransparencyInternational's 2015 corruption index based on the corruption index of 178 economies around the world, Chile ranked first in Latin America and 21st in the world. According to the ranking released by the Heritage Foundation in 2015 based on the economic freedom index of 179 economies around the world, Chile ranks first in Latin America and 11th in the world. Meantime. In 2010, Chile officially joined the Organization for Economic Co-operation and Development (OECD), known as the "Club of Rich Nations", becoming the first South American member of the organization. ”

"Boss, are these things true or false? Why do I always feel a little unrealistic? Even the most narrow country in the world has such good investment conditions? ”

"Hehe, can there be anything fake about this? All of this information is readily available and can be found at will, and I am just telling you this fact. ”

After a pause, the leader said: "However, although the investment environment in Chile is good, the tax in this country is slightly heavier than that of Argentina. For example, a company in Chile is subject to a tax rate of 15% on profits. Shareholders are also required to pay income tax on their profits from the company, which fluctuates between 5% and 45% depending on the relevant income tax regulations. In addition, investors are subject to a 35% tax on the repatriation of profits, which increases to 45% if the investor signs a contract protected by Decree No. 600. ”

"Such a high tax? Can investors make money? Tang was a little surprised by the high tax rate in Chile, which is simply higher than the tax rate in the United States.

The leader said with a smile: "This is a helpless thing, who let Chile live by pointing to mineral resources, people naturally have considerations for increasing taxes on mineral resources." Of course, there are also relevant tax refund regulations in Chile, and some reasonable tax avoidance methods can also be implemented in Chile, but how to do it depends on how you want to operate. However, it is worth mentioning that in addition to Chile's largest state-owned company, Chile Copper Company, there are many foreign companies engaged in copper mining and gold development in Chile, and these companies are now doing very well in Chile, such as BHP Billiton, such as Rio Tinto, such as Barrick Gold and other well-known enterprises. ”

"Therefore, if you want to consider purely from the perspective of the investment environment, Chile is undoubtedly the first choice, but if you want to consider it comprehensively, it depends on how you choose. Of course, the environment in Peru and Brazil is also good, so the choice is yours. ”

Tang Feng nodded silently, the leader said so much to him today, and it was all some heart-wrenching words, how could Tang Feng not know how to choose?

Bolivia has naturally been blacklisted, but the choice of the remaining countries will have to be seriously considered. (To be continued......)