OffTheShelf - Shelf Company in Chile

Exciting news from South Gate Advisory!

We are thrilled to announce the official launch of our Shelf Companies, designed specifically for foreign clients looking for a fast and seamless entry into the Chilean market.

What sets our Shelf Companies apart is the inclusion of active bank accounts, established through the International Department of our trusted partner bank.

This unique advantage allows international clients to reduce incorporation times by approximately 80%, empowering them to launch business operations almost immediately.

Traditionally, company formation in Chile, including the opening of bank accounts for foreign shareholders, takes several months.

With our new offering, South Gate reduces this timeline to just a few weeks. During this period, we update company bylaws, ownership, and powers of representation, all while keeping the bank account fully active and operational.

While some local providers may offer Shelf Companies, most do not provide active bank accounts, often the main source of costly delays.

At South Gate, we are proud to introduce a truly game-changing solution for:

·  International companies seeking to enter the market in a significantly expedited manner.

·  International companies aiming to participate in public tenders, comply with urgent

registration requirements, or undertake any regulatory, legal, or banking procedures subject to strict and non-extendable deadlines.

·  Foreign companies seeking to satisfy minimum company age requirements imposed by third parties, financial institutions, or public authorities.

In summary, by choosing our Shelf Companies, international clients can, from day one:

1. Enter into any type of commercial agreement with local vendors or suppliers.

2. Enter into contracts with public entities.

3. Make payments to local and foreign vendors.

4. Recruit and hire local employees.

5. Process salary payments for local employees.

6. Remit statutory deductions for local employees.

7. Fulfill local tax obligations.

Shelf Company in Chile