Chile_America_Shanghai CHYIELD Enterprise Consulting Co., Ltd.

GLOBAL REGISTRATION

Chile

Advantages of Registering a Company in Chile

1. Stable political environment: Chile enjoys political stability and a sound investment climate.

2. Open economic policies: Its economy is open, and foreign investors are entitled to favorable tax incentives.

3. Sound infrastructure: Advanced and well-developed infrastructure including highways and ports.

4. Abundant natural resources: Rich mineral, agricultural and tourism resources create extensive business opportunities.

5. Flexible company registration procedures: The incorporation process is flexible and streamlined.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial

Name

Details

Shareholders

A minimum of one shareholder with no nationality restrictions, which can be either an individual natural person or a corporate legal entity. A Simplified Joint-Stock Company (SpA) may be wholly owned by a single shareholder. Shareholder information shall be clearly specified in the Articles of Association.

Legal Representative

A local legal representative is required, who must be a Chilean national or a foreigner with permanent residency in Chile and hold a valid Chilean identity card (cédula de identidad).

Company Name

The company name must be reviewed and approved by the National Institute of Industrial Property of Chile (INAPI). Only names in Spanish are acceptable. It is recommended to prepare three alternative names ending with suffixes such as "SpA", "Ltda." or "SA".

Registered Capital

There is no minimum registered capital requirement and capital verification is not mandatory. It is recommended to set the initial capital at USD 5,000 to 10,000, which facilitates smoother bank account opening reviews and can serve as working capital for regular business operations after company incorporation.

Registered Address

A physical address within Chile is required for receiving official documents. Our company can provide compliant virtual registered addresses.

Business Scope

Business scopes shall be specified in detail in the Articles of Association. There are no special restrictions for general industries, whereas separate permits are required for special sectors such as mining, finance and medical services.

Serial

Name

Details

Stock Corporation(SA)

Shareholders' liability is limited to their shareholdings. It is suitable for large enterprises or those in need of financing.

Limited Liability Company(Ltda.)

Shareholders bear limited liability, and this type is suitable for small and medium-sized enterprises. There are no strict restrictions on registered capital.

Simplified Joint-Stock Company(SpA)

It is the most popular option among foreign investors, featuring no capital restrictions and allowing sole individual management, suitable for most cross-border trading and technology service enterprises.

Branch of Foreign Company

Designed for foreign enterprises to set up branches in Chile.

Serial

Name

Details

Information Collection Form

Power of Attorney (POA)

Individual Shareholder

Clear coloured scanned copies of shareholders' passports;

Proof of address for shareholders (utility bills or credit card statements with address issued within the past three months).

Scanned identity document of the Chilean company's legal representative.

Corporate Shareholder

1. Business License, Articles of Association, Certificate of Good Standing and Tax Residence Certificate of the parent company;

2. Complete equity structure diagram;

3. Clear colour scanned copies of passports and proof of address of the legal representative of the shareholder company and the local legal representative of the Chilean company (utility bills or credit card statements with address issued within the latest three months);

4. Scanned identity document of the local legal representative of the Chilean company.

Notes

If the above documents are issued in Chinese, corresponding Spanish translations must be provided, together with Hague Apostille or notarization and authentication.

Shareholder Resolution

REGISTRATION PROCESS

1

Document Preparation
2

Company name availability check
3

Draft two copies of Power of Attorney (POA)
4

Document Apostille
5

After the notarized documents are verified to be correct, send them to Chile.
6

Lawyers draft the Articles of Association for client confirmation, followed by local notarization.
7

Application for Shareholder RUT (Unique Taxpayer ID)
8

Submit documents and complete company registration
9

Application for Corporate RUT Tax ID
10

Business Opening Registration
11

Open a corporate bank account