Payment Terms Legislation In Chile
Chile
Please see below for a summary of payment terms in Chile and the various industries across which payment term legislation appears. You can also download a summary of all Chilean payment terms by clicking the button below.
Industries | Laws | Codes | Notes |
---|---|---|---|
Construction | |||
Manufacturing | |||
Retail/Agriculture |
LAWS
The 30 Day Payment Law in Chile, which came into force from April 2020 for the private sector, sets a maximum term for all public and private contracts at 30 days unless both parties agree otherwise in writing.
- Construction
- Manufacturing
- Retail/Agriculture
Ready to liberate your cash?
Discover the source of value in your supply chain
Contact our sales team