Doing Business with Chile

A comprehensive guide to doing business, exporting, investing, and manufacturing in Chile.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

InvestChile

InvestChile logo

Tel: +56 2 2663 9200
Email: [email protected]
Web: www.investchile.gob.cl

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Chile Servicio Nacional de Aduanas

Chile Customs logo

Tel: +56 600 570 7040
Web: www.aduana.cl

National Chamber of Commerce

Confederation of Production and Commerce (CPC)

CPC Chile logo

Tel: +56 2 2231 9764
Web: www.cpc.cl

Ministry of Economy Information

Ministry of Economy, Development, and Tourism

Ministry of Economy Chile logo

Phone: +56 2 2473 3400
Web: www.economia.gob.cl

  • Type of Government: Democratic Republic
  • Population: Approximately 19 million
  • GDP: Around $317 billion USD
  • Corporate Tax Rate: 27%
  • Personal Income Tax Rate: Progressive, up to 40%
  • Major Exports: Copper, fruits, fish products, paper and pulp, chemicals, wine
  • Major Imports: Machinery, vehicles, electrical equipment, oil and fuels, chemicals

Exporting to Chile involves several key steps. Here’s a detailed guide:

  1. Conduct Market Research

    • Analyze demand for your product in Chile and identify potential competitors.
  2. Verify Product Compliance

    • Ensure your product meets Chilean standards and obtain required certifications.
  3. Customs Clearance

    • Work with a customs broker to manage documentation and pay import duties via Aduanas de Chile.

Key Contacts

Importing into Chile requires registration and adherence to rigorous sanitary and phytosanitary standards.

  1. Register Your Business

    • Ensure your business is registered in Chile and obtain necessary tax IDs.
  2. Classify Your Goods

    • Use correct Harmonized System (HS) codes for accurate duty assessment.

Incorporating a company in Chile involves several legal steps managed by the Commercial Registry and **SII**:

  1. Choose a Business Structure

    • Decide on a structure (e.g., S.A. – Corporation or SpA – Simplified Shares Company).
  2. Notarize and Register

    • Have the Articles of Incorporation notarized and register with the Chilean Commercial Registry.
  3. Obtain Tax RUT

    • Register for tax purposes with the Servicio de Impuestos Internos (SII).

Key Contacts

Setting up manufacturing in Chile offers strategic access to the Pacific Rim through various Free Trade Agreements:

  1. Choose a Suitable Location

    • Identify industrial zones or proximity to major ports and mining hubs.
  2. Obtain Necessary Permits

    • Apply for construction, environmental (SEA), and local zoning permits.

Protecting intellectual property is managed by **INAPI**:

  1. Trademark Search

    • Check availability through the Instituto Nacional de Propiedad Industrial (INAPI).
  2. Filing Application

    • Submit application online. If approved, it is published for opposition. Registration is valid for **10 years**.

Key Contacts

Disputes can be settled through Negotiation, Mediation, or the Court system:

  1. Mediation & Arbitration

    • Consider using the Center for Arbitration and Mediation (CAM) for faster resolution.
  2. Litigation

    • File a lawsuit in the appropriate local court if ADR methods are not suitable.

Key Contacts

1. Language and Culture

  • The official language is **Spanish**. Professional trust and personal networking are essential for business success.

2. Economic Factors

  • The official currency is the **Chilean Peso (CLP)**. Chile has one of the highest numbers of Free Trade Agreements in the world.

Our Members Include Leading Organizations in Chile

Ask our Experts on Doing Business in/with Chile

If you’re looking to do business or invest in Chile, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.