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Advantages of starting a company in Chile

Favorable tax policy

Chile offers low corporate income tax rates, free zones and tax incentives to reduce the tax burden. Chile has double tax treaties with many countries to avoid double taxation of multinational companies between the two countries.

Convenient government services

The Chilean government provides convenient services for the registration of companies, and the registration process is simple and fast. This saves investors a lot of time and effort, allowing them to get to market and do business faster.

Advanced infrastructure and services

Chile has a well-developed infrastructure, including modern ports, roads and telecommunications networks. These facilities provide investors with a good business environment and convenient transportation and communication conditions, which helps them to better carry out business.

Geographical advantage

Located in South America, Chile is a regional business and trade center with important geographical advantages. This makes it convenient to carry out trade activities with neighboring countries, providing broad business opportunities and market potential for investors and startups.

An open market economy

Chile pursues an open market economic policy, protects foreign investment, and encourages international trade and technical cooperation. The signing of the Free Trade Agreement has made Chile an ideal gateway to the Latin American market, providing investors with a wider market space.

A stable political and business environment

Chile is one of the more stable countries in South America, with its political and business environment providing investors with a safe and secure operating environment. The government has pledged to protect the rights of foreign investors and has introduced a series of reforms to promote business.

The process required to register in Chile

first

Company name search

second

Confirm registration information

third

Submit to the government for approval

four

Obtain a certificate of registration

Information required to register a Chilean company

Information is available upon registration

Certificate of registration

Articles of association

Tax number registration form

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Tax filing service

Details may vary depending on the type of company, its size and location

Definitive tax registration

After the completion of the company registration, you need to apply for a tax registration certificate from the Chilean tax department. This will provide the company with a tax identification number (RUT tax number), which will be used for all tax-related communications and filings.

Prepare and file tax returns

Prepare tax returns according to the business type and tax regulations of the company. These forms usually include information about the company's income, expenses, assets, liabilities and so on. Submit the prepared tax returns to the Chilean tax authorities.

Pay tax

According to the results of the tax return, the company is required to pay the corresponding tax. Payment can be made by bank transfer, cheque or cash. Companies should ensure that taxes are paid on time to avoid possible late fees and penalties.

Keep tax records

The company shall maintain all tax-related records and documents for future audits or inquiries. These records may include financial statements, invoices, receipts, etc.
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