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 of starting a business in Chile, this guide will help you learn the essential steps to effectively incorporate a company.
1. Choose the type of company
Before registering your business, it is essential to define the most appropriate legal structure. In Chile, the main legal forms are:
- Individual Limited Liability Company (EIRL): Ideal for individual entrepreneurs.
- Sociedad por Acciones (SpA): Allows the incorporation of multiple partners with flexibility in the distribution of shares.
- Limited Liability Company (LLC): Recommended for small and medium-sized companies with a limited number of partners.
- Sociedad Anónima (S.A.): Suitable for large companies with the possibility of being listed on the stock exchange.
Company registration
Once the structure has been defined, the next step is to register the company in the "Tu Empresa en Un Día" system of the Registry of Companies and Corporations (RES) of the Chilean Ministry of Economy. This process allows the quick and electronic incorporation of the company.
The steps are:
- Enter Your Company in One Day.
- Complete the data of the company and its partners.
- Digitally sign documents.
- Obtain the articles of incorporation and publication in the Official Gazette.
- Register the company in the Commercial Registry of the Real Estate Registry.
3. Obtain the RUT and start activities
To operate legally in Chile, the company must obtain the Single Tax Number (RUT) from the Internal Revenue Service (SII). Then, a declaration of commencement of activities must be filed, which allows issuing invoices and complying with tax obligations.
4. Opening a bank account
It is advisable to open a business bank account to manage the company's finances. To do so, it is required to present the legal documentation of the company and the RUT granted by the SII.
5. Obtaining permits and licenses
Depending on the line of business of the company, municipal permits (commercial patent), sanitary or sectorial permits may be required. Consultation with the corresponding municipality is key to comply with regulations.
6. Tax domiciliation
Having a physical address in Chile is an indispensable requirement to register the company with the SII and other governmental 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 of employees
If your company needs to hire personnel, you must register with the Dirección del Trabajo 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 the payment of annual taxes. 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 best valued areas for businesses in Santiago. With our platform, you will be able to comply with legal requirements without the need for a physical office.
Contact us and facilitate the process of creating your company in Chile!