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Chile Company Formation

Sociedad Anónima -  Sociedad de Responsabilidad Limitada

Our Company Formation includes:

  • Preparation of Power of Attorney
  • Obtaining of Identification Number for foreign shareholders (RUT)
  • Obtaining RUT (Company Identification Number)
  • Preparation of Memorandum and Articles of Association
  • Publication in official paper (Diario Oficial) of an abstract of the new company.
  • Presentation of Memorandum and Articles of Association before the Companies Registry (Conservador de Comercio).
  • Preparation Directors Meeting. President, Secretary, and Treasurer are named. (Only Sociedad Anónima).
  • Registration of Managers
  • Preparation of company registration forms
  • Filing Fees Payment.
  • Certificate of Incorporation

The company will be incorporated within 3 and 4 weeks, once the attorney has received all the documentation (power of attorney and forms).

Our service is for 2 shareholders, additional fees apply for additional shareholders.

Under Chilean law a foreign company has to appointing a representative of the foreign company in Chile. This must be a foreign national resident in Chile or chilean.

Sociedad Anonima (SA)

  • Directors and shareholders may be of any nationality
  • No minimum share capital
  • At least one representative must be domiciled in Chile

Sociedad de Responsabilidad Limitada (Srl)

  • Based on two or more individuals
  • The shareholders may be of any nationality
  • No minimum share capital
  • At least one representative must be domiciled in Chile

The founding procedure, 30 days if the founders are in Chile, longer if they are represented by proxy.

Company Formation procedure

Preparation of Power of Attorney to be sent to you in both English and Spanish and then sent to Santiago.

Public deed forming the company is signed, the Articles of Incorporation of the company are submitted to the Commerce Register and published in the Official Gazette, then the company can obtain its identification tax number at the Chilean IRS. After this point the company is fully functional.

Preparation of the deed or the bylaws of the company

Processing of documents before a notary in Santiago

Registration of the company in the Commercial Register of Santiago

Notarise articles of incorporation, record them in a public deed and send an excerpt of the public deed to the Official Gazette and to the Commercial Registry.

Once the company is registered in the Commercial Registry, a registration certificate is sent via email

Provide a legal address in Santiago

Chile - Company Formations & Company Documents
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