Corporate Services Chile
6-10 business days
RUT
Not Required
Chile is widely regarded as one of Latin America's most business-friendly markets, offering political stability, strong institutions, transparent regulations, and well-developed infrastructure. With a population of 19 million and one of the region's highest GDP per capita levels, Chile serves as a strategic entry point for companies targeting South American markets.
Stock corporation by shares, highly flexible and popular among foreign businesses for its simplicity and operational freedom
Limited liability company, suitable for smaller businesses with a defined group of shareholders
Public stock corporation, typically used for larger enterprises or companies planning to raise public capital
The RUT (Rol 脷nico Tributario) is Chile's unique tax identification number, issued by the Servicio de Impuestos Internos (SII). It is required for all tax filings, invoicing, and business operations.
Chile's internal revenue service responsible for tax administration, RUT issuance, and compliance oversight
Monthly VAT declarations
Annual tax reporting and corporate income tax
Corporate record maintenance and annual shareholder meetings
Electronic invoicing and accounting compliance
Chile does not require a local director or legal representative for most corporate structures. Foreign directors and shareholders can manage the entity remotely, though a Chilean registered address is mandatory.
Company formation in Chile typically takes 6-10 business days, including notarization, registry filing, RUT registration with SII, and initial compliance setup.
No, Chile does not require local directors or shareholders. Foreign individuals and entities can fully own and control a Chilean company.
The SpA (Sociedad por Acciones) is the most popular structure for foreign businesses due to its flexibility, simplified governance, and ease of management.
Chilean entities must file monthly VAT declarations, submit annual corporate income tax returns, maintain proper accounting records, and comply with electronic invoicing requirements.
NavviPal handles company formation, compliance, accounting, and tax obligations so you can focus on building your business.