How to Create a Company in Chile? Complete Guide

Chile is one of the most attractive countries in Latin America for entrepreneurship due to its economic stability, ease of doing business, and tax benefits. If you are thinking about starting a business in Chile, this guide will help you understand the essential steps to effectively establish a company.

1. Choose the type of company

Before registering your business, it is essential to define the most suitable legal structure. In Chile, the main legal forms are:

Individual Limited Liability Company (EIRL): Ideal for individual entrepreneurs.
Stock Corporation (SpA): Allows the incorporation of multiple partners with flexibility in share distribution.
Limited Liability Company (SRL): Recommended for small and medium-sized businesses with a limited number of partners.
Public Limited Company (S.A.): Suitable for large companies with the possibility of being listed on the stock exchange.

2. Company registration

Once the structure is defined, the next step is to register the company in the “Tu Empresa en Un Dia” (Your Company in One Day) system of the Business and Company Registry (RES) of the Chilean Ministry of Economy. This process allows for the quick and electronic incorporation of the company.

The steps are:

Go to Tu Empresa en Un Dia.
Complete the details of the company and its partners.
Digitally sign the documents.
Obtain the articles of incorporation and publication in the Official Gazette.
Register the company in the Commercial Registry of the Real Estate Registrar.

3. Obtain the RUT and start operations

To operate legally in Chile, the company must obtain the Unique Tax Identification Number (RUT) from the Internal Revenue Service (SII). Then, a declaration of commencement of activities must be filed, which allows invoicing and compliance with tax obligations.

4. Opening a bank account

It is recommended to open a business bank account to manage the company’s finances. To do so, you need to present the legal documentation of the company and the RUT issued by the SII.

5. Obtain permits and licenses

Depending on the company’s line of business, municipal permits (commercial license), health or sector-specific permits may be required. Consulting with the corresponding municipality is key to complying with regulations.

6. Tax domiciliation

Having a physical address in Chile is an essential requirement to register the company with the SII and other government entities. If you do not have an office, you can opt for a tax domiciliation service in strategic locations such as Las Condes, Santiago.

7. Hiring employees

If your company needs to hire staff, you must register with the Labor Directorate and comply with labor laws, social security, and mandatory insurance.

8. Tax and accounting compliance

Every company in Chile must comply with its tax obligations, such as the monthly VAT declaration and annual tax payments. Having an accountant or tax advisor can facilitate this process.

Tax domiciliation services in Las Condes, Chile

If you need a tax address for your company in Chile, we offer a tax domiciliation service in Las Condes, one of the most exclusive and highly valued areas for business in Santiago. With our platform, you can meet legal requirements without the need for a physical office.