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Are you looking for company registration in Chile? Partner with Enterslice for a smooth and hassle-free process for Chile business incorporation.
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The benefits of obtaining a company registration in Chile are as discussed below:
The documents needed to apply for company registration in Chile are provided below:
The eligibility criteria required for company registration in Chile are as follows:
The types of business structures in Chile are as follows:
The top businesses seeking online company registration in Chile are as follows:
The process to obtain online company registration in Chile is as follows:
The post-company registration compliance requirements are as follows:
Let Enterslice help you with 100% remote Chile business incorporation. We ensure a 100% stress-free process, saving you effort and time.
Chile, one of the most attractive business destinations in Latin America, has become a top choice for multinational corporations, startups, and other investors. The country’s robust legal system, stable economy, and rich natural resources have driven remarkable growth and positioned Chile as a reliable hub for global investors. Company registration in Chile can be a blissful experience for business owners like you.
Company registration in Chile is ideal for businesses seeking global expansion in key sectors such as mining, renewable energy, agriculture, infrastructure, and technology. The country also offers a competitive tax system, modern infrastructure, and investor-friendly government policies, making it one of the top destinations for foreign investment.
With political stability, a strong financial system, and a highly skilled workforce, Chile ensures a secure and profitable environment for entrepreneurs intending to register their company. Connect us now to simplify the process of company registration in Chile.
Robust and Stable Economy
100% Foreign Ownership Allowed
Over 25+ Free Trade Agreements Worldwide
Double Taxation Avoidance Treaties
Competitive Corporate Tax System
Modern Infrastructure and Digital Connectivity
Investor-Friendly Legal Framework
Access to Skilled and Educated Workforce
Gateway to Latin America
Well-Established Banking and Financial System
The entrepreneurs of all sizes can choose from different types of structures for company setup in Chile. Have a look at the most common types as discussed below:
A sole trader, commonly known as an Empresario Individual, is one of the simplest forms of business structure, having unlimited liability over all the business debts and obligations.
An individual limited liability company, which stands Empresa Individual de Responsabilidad Limitada (EIRL), is a type of legal entity that conducts most business activities, except for a select few reserved for corporations.
A limited liability company, which stands for Sociedad de Responsabilidad Limitada (SRL), is one of the most popular forms of business structure formed by 2 to 50 shareholders, and each shareholder’s liability is limited up to the amount of their capital contribution.
A public limited corporation, which stands for Sociedad Anónima (SA), is a form of business structure that requires a group of shareholders to establish a common fund and a board of directors that administers the company.
A stock company, which stands for Sociedad por Acciones (SpA), is one of the forms of business structure for company setup in Chile that ensures adherence to the same regulations as closed corporations.
A branch or representative office, commonly known as Sucursal, is an extension of a foreign company that operates under the foreign company’s name, engaging in commercial activities and assuming legal liabilities.
To register a company in Chile, the entrepreneurs must comply with the straightforward process as discussed below:
The first step requires the entrepreneurs to choose an appropriate business structure that aligns with their business goals.
Next, the entrepreneurs must reserve a unique company name with the Registro de Empresas y Sociedades (RES) in Chile.
In the next step, the entrepreneurs must draft and notarize the company’s bylaws (Escritura Pública), detailing the company name, purpose, share capital, management structure, and operational guidelines.
Next, the entrepreneurs must obtain a Rol Único Tributario (RUT) number with the Servicio de Impuestos Internos (SII), ensuring tax compliance, invoicing, and other financial transactions.
Next, the entrepreneurs must open a corporate bank account to manage the financial transactions with the major banks of Chile.
The entrepreneurs must submit the notarized bylaws and other required documents for registration with the Commercial Registry (Registro de Comercio).
Once all the documents are duly submitted, the entrepreneurs must publish an extract of their company’s bylaws in the official gazette of Chile.
Lastly, the entrepreneurs must apply for a Patente Municipal working license issued by the local municipality where their business operates.
The process for online company registration in Chile is surprisingly fast, with 24-hour registration for simple entities through the Empresa en un Día system. However, for traditional company setups, the timeline may vary depending on the business structure, as discussed below:
It takes around 1 to 3 working days to submit a unique company name reservation application to the Registro de Empresas y Sociedades (RES).
It takes around 1 week to prepare and notarize the articles of incorporation and bylaws before a Chilean notary public
Once notarized, the timeline to secure registration with the Commercial Registry (Registro de Comercio) takes around 1 to 2 weeks.
The timeline to obtain a Rol Único Tributario (RUT) number with the Servicio de Impuestos Internos (SII) takes around 2 to 4 weeks.
The time taken for obtaining sector-specific permits and licenses for regulated sectors such as tourism, food services, healthcare, or manufacturing varies
Given below are the documents required for Chile business incorporation-
Copy of power of attorney (POA)
Copy of certificate of good standing
Copy of certificate of tax residency
Valid passports of all shareholders and directors
Copy of articles of incorporation or company bylaws
Company incorporation deed or bylaws
Copy of address proof or lease agreement
Details of the company's purpose and name
Identification details of shareholders and directors
Apostille/ legalized bylaws of the company
Proof of address of the company, such as a utility bill, bank statement, etc.
Additional company documents (if necessary)
The entrepreneurs seeking company registration in Chile get access to the ensuing benefits as discussed below:
Company registration in Chile allows access to a strong and stable economy, often considered one of the most developed and prosperous in South America
The entrepreneurs seeking company registration in Chile get access to a stable currency, ensuring financial predictability, making it easier for businesses to plan long-term investments.
Company registration in Chile provides access to a competitive and investment-friendly tax regime, supported by multiple double taxation treaties.
With over 25 free trade agreements, the entrepreneurs seeking company registration in Chile are offered direct access to major markets in North America, Europe, and Asia.
The entrepreneurs seeking company registration in Chile enjoy enhanced business credibility and trust with partners, customers, and investors.
The entrepreneurs in Chile enjoy access to a well-established and reliable banking system that supports smooth financial transactions and international trade operations.
Company formation in Chile requires compliance with the following eligibility criteria, as discussed below:
Chile offers a business-friendly environment with opportunities across multiple sectors. Given below are the industries and businesses that can benefit from Chile business incorporation-
Top 10 Industries Permitted for Chile Business Incorporation
Top 10 Businesses Permitted for Company Formation in Chile
Once your company is successfully incorporated in Chile, the business must comply with the ongoing legal and regulatory obligations to ensure smooth operations, as discussed below:
Enterslice is a trusted partner that ensures seamless and hassle-free online company registration in Chile. Connect us now to expand into one of Latin America’s most stable economies.
Have a look at the following answers to the most asked questions:
The process to register a company in Chile is as follows:
Yes, Chile, having ample benefits, is generally considered an ideal destination to start a legal business structure. Have a look at some of the key reasons why Chile is considered the best place to start a business:
The minimum share capital required to register a company in Chile is US$1.
Though there is no single best business in Chile, some of the key high-performing sectors include mining, agriculture, and renewable energy.
The biggest industry in Chile is mining, with copper being its most significant export, making the country the world’s largest producer of the metal.
Yes, a foreign entrepreneur is eligible to start a business in Chile, with no restrictions on foreign ownership for most sectors, though specific strategic sectors require special contracts.
The passive income visa, commonly known as the Rentista visa or Pensionado visa, is a temporary residence visa for foreign nationals who can prove a regular, stable source of income from outside Chile, such as pensions, rental income, or investments, to support themselves.
The time frame to incorporate a company in Chile takes around 6 to 8 weeks, depending on the submission, review, and approval from the relevant authorities.
Chile company tax ID (RUT), which stands for Registro Único Tributario, is a unique tax identification number required for all businesses operating in Chile.
Yes, a legal representative, who must be a Chilean citizen or a foreigner with permanent residency, is required for company registration in Chile.
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
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