chile franchise industry author verónica pinto date june 2006 id 136945 summary there are over 113 businesses operating in nationwide with an average annual growth rate of 15 this sector provides direct employment for some 35 000 people and accounts sales approximately 210 million market demand null the first opened 1985 has actively increased since 1995 2005 reached is expected to grow companies subject local trade laws royalties fees have a withholding tax that ranges from within value added vat or iva 19 products imported foreign countries also additional tariffs such as software certain agriculture luxury goods 48 united states 23 chilean remaining 29 other during s early development majority franchises were origin it then shifted locally developed but