---
name: cl-company-formation
description: "Source-cited draft: company formation & entity choice for Chile (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/cl-company-formation"
  jurisdiction: "CL"
  tax_year: "2025"
  last_updated: "2026-07-13"
  review_status: "pending_review"
---

# Chile Company Formation & Entity Choice

## Company formation & annual compliance

Most foreign founders in Chile incorporate a SpA (Sociedad por Acciones) for its flexibility and single-shareholder allowance, often via the online Empresa en un Dia platform. There is no statutory minimum share capital. Draft figures for accountant review.

- **Sociedad por Acciones (SpA)** — Flexible share-based company; single shareholder permitted; limited liability; most common for foreign founders  _([Codigo de Comercio / Ley 20.190 (SpA)](https://www.bizlatinhub.com/types-of-businesses-in-chile/))_
- **Sociedad de Responsabilidad Limitada (SRL/Ltda.)** — Limited liability company; requires 2-50 partners; common for family/small businesses  _([Ley 3.918 — Sociedades de Responsabilidad Limitada](https://www.bizlatinhub.com/types-of-businesses-in-chile/))_
- **Sociedad Anonima (S.A.)** — Corporation; can be closely-held or open (publicly traded); more formal governance (board required)  _([Ley 18.046 — Ley sobre Sociedades Anonimas](https://www.bizlatinhub.com/types-of-businesses-in-chile/))_
- **Empresa Individual de Responsabilidad Limitada (EIRL)** — Single-owner limited liability entity for sole proprietors  _([Ley 19.857 — EIRL](https://www.bizlatinhub.com/types-of-businesses-in-chile/))_
- **Minimum share capital** — None — no statutory minimum capital for SpA, SRL or S.A.  _([Codigo de Comercio / Ley 20.190 (SpA)](https://www.expanship.com/cl/blog/incorporation-requirements-in-chile))_
- **Empresa en un Dia (Tu Empresa en un Dia)** — Free online incorporation platform using standardized bylaws; a simple SpA can be set up in about 1 business day (notary fees may still apply)  _([Ley 20.659 — Registro de Empresas y Sociedades (RES)](https://www.varelaabogados.cl/en/post/how-to-incorporate-a-company-in-chile-a-step-by-step-guide))_
- **Core incorporation steps** — Draft & sign bylaws (notarized or via RES); register in Commercial Registry (Registro de Comercio) and publish extract in the Diario Oficial; obtain RUT and inicio de actividades with the SII; open a bank account  _([Codigo de Comercio / Ley 20.659 / Codigo Tributario Art. 68](https://www.bizlatinhub.com/setting-company-chile/))_
- **Typical timeline** — About 1 day for a simple online SpA; ~6-8 weeks end-to-end including SII registration and bank account opening ((approx — varies by case))  _([Ley 20.659 (RES) / SII inicio de actividades](https://www.bizlatinhub.com/setting-company-chile/))_
- **Typical incorporation cost** — RES online filing is free; notary/legal and Diario Oficial publication fees apply (commonly a few hundred USD for a simple SpA) ((approx — confirm current fees))  _([Ley 20.659 (RES)](https://www.varelaabogados.cl/en/post/how-to-incorporate-a-company-in-chile-a-step-by-step-guide))_
- **Tax registration** — Obtain a RUT (tax ID) and file inicio de actividades with the SII before operating  _([Codigo Tributario Art. 66 / Art. 68 — RUT e inicio de actividades](https://www.sii.cl))_
- **Core annual compliance** — Monthly VAT (Formulario 29) and PPM; annual income tax return (Operacion Renta) each April; annual informational returns (Declaraciones Juradas); statutory accounting records  _([Codigo Tributario / LIR / DL 825 (IVA)](https://www.sii.cl))_

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---

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> **General reference only.** This document does not constitute tax, legal, or
> financial advice. Verify figures against the cited primary sources or with a
> licensed professional before relying on them.

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `cl-company-formation` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/cl-company-formation. If neither is available, confirm every figure against the official source pages cited above before relying on it.