Closing a business in Chile goes far beyond simply shutting the doors. There is a formal tax procedure called término de giro that quietly trips up thousands of entrepreneurs each year. If you handle it correctly, your business closes cleanly. If not, you may face challenges from the tax authority years after you thought your business was finished. Here’s what most guides overlook. What Is a Término de Giro, Exactly? Término de giro is the formal notice you submit to Chile’s

Key things to consider: There is no need to transfer the initially stated social capital. There is no need to register the Company in any “Public Investor Registry.” There are essentially (3) basic ways to fund a Subsidiary Company in Chile: #1 Loan Agreement #2 Cost-Plus Service Structure #3 Capital Increases #1: Loan Agreement Recommended for those cases where the local subsidiary company will generate and declare revenue and profits in the country. In other words, a loan

When it comes to Company Incorporation Processes, we have seen it countless times: a neat list of activities with no clear time estimates, leaving ample room for delays that will affect clients' business plans and schemes. Even worse, one often just sees copies/pastes of processes from other jurisdictions in the Region, which provide only guidance and reference information. Company Incorporation Processes in Chile At South Gate, we pride ourselves on being different by provid