Chile
Chile: 5 company types, its taxes, banking and business environment, and what it is known for.
Forming a company
Company types in Chile
The 5 forms a founder can choose here, each with its own figures. Open one for its sources.
What it is known for
Where Chile is in the world’s top 10 on a measure anyone can check, the best rank first. Only the top is shown; a low rank is never stated.
- World’s1stWorld-leading exports Copper ores and concentratesUS$31 bn · 29.3% of world exports of 108 exporters · 2024 CEPII BACI, January 2026 release See the top 10
- World’s1stWorld-leading exports Apricots, cherries, peaches and plumsApricots, cherries, peaches (including nectarines), plums and sloes, freshUS$4 bn · 37.2% of world exports of 152 exporters · 2024 CEPII BACI, January 2026 release See the top 10
- World’s2ndWorld-leading exports Refined copper and copper alloys, unwroughtUS$17.2 bn · 18.0% of world exports of 150 exporters · 2024 CEPII BACI, January 2026 release See the top 10
A rank is among everything the source reports for that year, so it moves when the source adds or drops economies. Exports include goods passing through for re-export. Nothing here is a recommendation.
Doing business here
Business accounts
Providers whose own published list of countries names Chile. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Chile.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Chile: where to register, file and check.
Blocs and agreements
The trade arrangements Chile belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- Pacific Alliance
- Free trade area · since July 2015
Covers goods, services, investment, public procurement.
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La República de Colombia, la República de Chile, los Estados Unidos Mexicanos y la República del Perú, en adelante denominadas “las Partes”
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership
- Free trade area · since 21 February 2023
Covers goods, services, investment, public procurement.
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any State or separate customs territory may accede to this Agreement, subject to such terms and conditions as may be agreed between the Parties and that State or separate customs territory.
- Andean Community
- Associate member
Associate Member status granted by Decision 645 (20 Sep 2006); Chile had withdrawn in 1976.
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La Comunidad Andina, integrada por Bolivia, Colombia, Ecuador y Perú es un organismo internacional líder en integración en el continente
- Regional Comprehensive Economic Partnership
- Has asked to join
Listed by the RCEP Support Unit among five economies that have submitted formal requests to accede; the page does not say any accession has been agreed.
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1 January 2022 Australia, Brunei Darussalam, Cambodia, China, Japan, Lao PDR, New Zealand, Singapore, Thailand, Viet Nam
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 27%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Chile, and when it must register, as the tax authority states it.
- The tax
- VAT (value added tax)
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El Impuesto a las Ventas y Servicios grava la venta de bienes y prestaciones de servicios que define la ley del ramo, efectuadas entre otras, por las empresas comerciales, industriales, mineras, y de servicios
- Standard rate
- 19%
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La tasa del Impuesto al Valor Agregado (IVA) es de un 19%, según lo fija el artículo 14° de la LIVS.
- Other rates
- None
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Los contribuyentes afectos a las disposiciones del presente Título pagarán el impuesto con una tasa de 19% sobre la base imponible.
- Registration threshold
- Not in our records
- A foreign company
- See the note
The SII keeps a "Contribuyentes extranjeros" section under Inicio de Actividades, but the pages read today state no turnover threshold or first-supply rule for a business with no establishment in Chile.
- Returns filed
- Monthly
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El plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario que se desea declarar.
- Tax authority
- Registration page read 2026-10-22
Tax calendar
When the main returns and payments fall due in Chile, tax year Año Tributario 2026 (income year 2025), as the tax authority states it.
- Corporate tax return
- 30 April · each year
ES: la Declaración de Renta es una obligación anual que deben cumplir empresas y personas naturales durante el mes de abril, utilizando el Formulario 22; el plazo general vence el 30 de abril. EN: a company files its annual income tax return (Formulario 22) by 30 April, declaring the income of the preceding commercial year. The record takes the general deadline; a taxpayer that has ceased business pays within two months of the término de giro. A due date on a holiday, Saturday or 31 December moves to the next working day.
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El plazo general vence el 30 de abril
- Corporate tax, final payment
- 30 April · each year
ES: el saldo del impuesto de primera categoría se determina y paga con la Declaración de Renta (Formulario 22), cuyo plazo general vence el 30 de abril. EN: the balance of corporate income tax after PPM and credits is paid with the annual Formulario 22, by 30 April. A due date on a holiday, Saturday or 31 December moves to the next working day.
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El plazo general vence el 30 de abril
- Corporate tax, instalments
- Day 12 of the following month · each month
ES: el plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario. EN: the company's monthly payments on account (PPM) are declared and paid in the Formulario 29, due by the 12th of the month following the period. Where the return is filed online with payment, the deadline is the 20th of the following month; a return without payment filed online may go to the 28th. The record takes the general 12th. A due date on a holiday, Saturday or 31 December moves to the first working day after.
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El plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario que se desea declarar.
- Personal income-tax return
- 30 April · each year
ES: las personas naturales con domicilio o residencia en Chile deben declarar y pagar el Impuesto Global Complementario en el mes de abril de cada año; el plazo general vence el 30 de abril. EN: a resident individual declares and pays the Impuesto Global Complementario in the annual Formulario 22 by 30 April, where the year's income exceeded 13.5 UTA ($11,265,804 at 31 December 2025); below that, the return is voluntary. A due date on a holiday, Saturday or 31 December moves to the next working day.
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El plazo general vence el 30 de abril
- Personal income tax, final payment
- 30 April · each year
ES: el Impuesto Global Complementario se declara y paga en el mes de abril, con la Declaración de Renta; el plazo general vence el 30 de abril. EN: the individual's balance after withholding and PPM credits is paid with the annual Formulario 22 by 30 April. A due date on a holiday, Saturday or 31 December moves to the next working day.
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El plazo general vence el 30 de abril
- Personal income tax, instalments
- Day 12 of the following month · each month
ES: el plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario. EN: an individual who earns business or professional income makes monthly payments on account (PPM), declared and paid in the Formulario 29 by the 12th of the month following the period; the online-with-payment deadline is the 20th and a no-payment return may go to the 28th. The record takes the general 12th. A due date on a holiday, Saturday or 31 December moves to the first working day after.
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El plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario que se desea declarar.
- VAT return
- Day 12 of the following month · each month
ES: el plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario que se desea declarar; con la modalidad por Internet con pago, el plazo de vencimiento será el día 20 del mes siguiente. EN: a VAT-registered business files and pays the monthly Formulario 29 by the 12th of the month following the tax period; where it is filed online with payment the deadline is the 20th, and a no-movement online return may go to the 28th. The record takes the general 12th. A due date on a holiday, Saturday or 31 December moves to the first working day after.
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El plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario que se desea declarar.
- Payroll withholding
- Day 12 of the following month · each month
ES: las retenciones de impuesto a la renta sobre remuneraciones se declaran y pagan mensualmente en el Formulario 29, cuyo plazo es hasta el día doce del mes siguiente al período tributario. EN: an employer declares and remits the income tax withheld from salaries in the monthly Formulario 29, due by the 12th of the month following the period (20th for online-with-payment); small taxpayers may use the Formulario 50, which shares the same monthly cycle. The record takes the general 12th. A due date on a holiday, Saturday or 31 December moves to the first working day after.
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El plazo para presentar el Formulario 29 es hasta el día doce del mes siguiente al período tributario que se desea declarar.
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Chile yet.
Economy and trade
What it exports
Goods Chile exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Chile’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Copper ores and concentrates HS 2603 | 22.6% | 24.7% | 30.6% | US$31 bn |
| Refined copper and copper alloys, unwrought HS 7403 | 18.2% | 17.2% | 17.0% | US$17.2 bn |
| Apricots, cherries, peaches (including nectarines), plums and sloes, fresh HS 0809 | 2.8% | 3.0% | 4.0% | US$4 bn |
| Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen HS 0304 | 3.7% | 3.9% | 3.7% | US$3.8 bn |
| Chemical wood pulp, soda or sulphate, other than dissolving grades HS 4703 | 3.0% | 2.6% | 3.0% | US$3 bn |
| Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate HS 2836 | 8.4% | 6.3% | 2.8% | US$2.8 bn |
| Unrefined copper; copper anodes for electrolytic refining HS 7402 | 2.8% | 2.2% | 2.1% | US$2.1 bn |
| Fish, frozen, excluding fish fillets and other fish meat of heading 0304 HS 0303 | 2.1% | 2.1% | 1.9% | US$2 bn |
| Molybdenum ores and concentrates HS 2613 | 2.0% | 2.6% | 1.9% | US$1.9 bn |
| Wine of fresh grapes, including fortified wines; grape must other than that of heading 2009 HS 2204 | 1.9% | 1.6% | 1.6% | US$1.6 bn |
Total goods exports, 2024: US$101.2 bn. The ten largest headings are shown.