Question 1

Is foreign ownership allowed in Chile?

Accepted Answer

Yes, without restrictions. Your company can be 100% foreign-owned, whether you are a natural person or a legal entity. Chile is one of the most open countries in Latin America for foreign investment. You will only need to obtain a RUT for both the company and foreign shareholders.

Question 2

What is "Company in a Day"?

Accepted Answer

It is a system from the Business and Companies Registry (RES) that allows you to incorporate, modify, or dissolve companies 100% digitally. We take care of everything: form preparation, submission, and final registration.

Question 3

Can I be a partner without traveling to Chile?

Accepted Answer

Yes. The structure is designed so you can be a partner or shareholder from abroad, signing powers of attorney and documents remotely when regulations allow.

Question 4

How long does the incorporation process take?

Accepted Answer

If you choose the "Company in a Day" system, the process is completed in a maximum of one week. If you opt for the traditional system (Real Estate Registry), the estimated time is two weeks or more.

Question 5

What is an investor RUT?

Accepted Answer

The RUT (Unique Tax Number) is your tax identification number in Chile, issued by the Internal Revenue Service. As a foreign investor, this number officially identifies you to carry out any economic operation in the country.

Question 6

Why do I need an investor RUT?

Accepted Answer

Your investor RUT allows you to operate legally in Chile: open bank accounts, conduct financial transactions, buy or sell properties, vehicles or shares, create companies, and manage any administrative procedures with authorities.

Question 7

What powers does a legal representative have?

Accepted Answer

A legal representative can act on behalf of the company to open bank accounts, sign contracts, carry out procedures with the SII and other institutions, and represent the company to third parties according to the powers granted.

Question 8

What taxes does a company pay in Chile?

Accepted Answer

Companies in Chile are subject to First Category Tax (27% on profits), VAT (19% on sales of goods and services), and withholdings on payments abroad. Foreign partners pay Additional Tax (35%) on distributed dividends.

Overtime Calculator

Result

Frequently asked questions

Overtime basics

Inputs and assumptions

Overtime Calculator

Result

Frequently asked questions

Overtime basics

What counts as overtime?

How is the regular hourly rate calculated?

What surcharge applies to overtime?

Inputs and assumptions

Which salary amount should I use?

Which weekly hours should I enter?

What if my contract is variable or has no base salary?