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COMMON
INVESTMENT
REGIME |
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The
Andean Community
has a Common Investment
Regime (Decision
291) that guarantees
foreign investors
equal and non-discriminatory
treatment and gives
Member Countries
the freedom to define
their investment
policies through
their own national
legislation. |
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More Information |
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ANDEAN
MULTINATIONAL
ENTERPRISES
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EMA |
| Andean
Multinational Enterprises
(Decision 292) are
defined as enterprises
in which investors
from two or more
Andean Community
countries own at
least 60% of the
equity capital.
These enterprises
enjoy national treatment
in the public procurement
of goods and services;
the right to remit
in freely convertible
currencies the totality
of the dividends
that are distributed;
national treatment
in tax mattes, and
the right to establish
branches in other
Member Countries.
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