Chile
CL
CLP$
Spanish
| Pros |
|---|
| Maintaining a robust framework for private property rights and extensive global free trade agreements. |
| Accessing high-quality digital infrastructure and modern transport networks for efficient international business operations. |
| Benefiting from a historically stable macroeconomic environment with relatively low public debt levels. |
| Cons |
|---|
| Facing increased social instability and rising crime rates affecting operational security in major urban centers. |
| Navigating a complex regulatory environment with slow permitting processes and growing administrative bureaucracy. |
| Adapting to recent tax reforms and upward pressure on corporate fiscal obligations. |
Personal income
0 → 35.5%
progressive
Corporate
12.5 → 27%
progressive
Capital gains
0 → 35.5%
progressive
VAT (standard)
19%
standard rate
i
3.6
PRIVACY GRADE
i
3.1
VERY LOW TAX
i
2.9
HOLDING
i
2.6
DIVIDEND PIPELINE
i
2
CRYPTO HAVEN
i
1.8
EASY CITIZENSHIP
─ On this page
01/08
Will Chile tax what you earn?
●income tax
●tax residency
●territorial system
YES, A LOT. Chile taxes personal income heavily (top marginal rate 35.5%), and its definition of tax residence is wide: prolonged stay, economic centre of gravity, the net closes. The classic combo of high rate and broad catchment. Leaving is rarely as simple as buying a plane ticket.
Personal income taxi
0 → 35.5%
progressive · 7 brackets
Income simulatori
Income
Tax due
Effective rate
all-in
Marginal rate
Tax residence testi
16/183 days
●
183-day rule
○
Economic interest
○
Family centre
●
Habitual abode
●
Extended-stay test
●
Just one rule above is enough to make you tax-resident here.
02/08
Will Chile tax what you own?
●capital gains
●wealth tax
●inheritance
●dividends
●interest
YES, A LOT. Capital gains are taxed heavily in Chile at 35.5%, with no annual wealth tax. But inheritance takes a second bite when assets transfer. Two trigger events on the same value: sale and succession.
Capital gainsi
35.5%
progressive
Dividend taxi
35.5%
progressive
Interest incomei
35.5%
progressive
Wealth taxi
NONE
no annual wealth tax · no real-estate wealth tax · no net-worth assessment
Crypto · tax regimei
Regime
PROGRESSIVE
Rate
40%
Cryptocurrencies are classified as intangible assets (bienes incorporales) by the SII (Oficio 963/2018). Gains are treated as ordinary income and are subject to the Global Complementary Tax (Impuesto Global Complementario), a progressive tax ranging from 0% to 40%. Exchanges between different cryptocurrencies (permuta) are considered taxable events. While the Fintech Law (2023) regulates service providers, it does not exempt individuals from income tax on gains.
Crypto-to-cryptoi
TAXABLE
each swap counts as a disposal — gains realised at every trade
FATF travel rulei
NOT SIGNED
no information-sharing obligation on VASP transfers
Inheritance systemi
APPLIES
system · heir-based · 5 heir classes
| Heir | Top rate | Allowance |
|---|---|---|
| Spouse | 25% | CLP 43,750 |
| Children | 25% | CLP 43,750 |
| Siblings | 30% | CLP 4,375 |
| Other relatives | 30% | CLP 4,375 |
| Non-relatives | 35% | — |
03/08
Is it easy to run a company in Chile?
●corporate tax
●criminal liability
●public registry
●VAT
●IP box
NO. Corporate tax in Chile is 27% with no IP-box relief, on top of VAT at 19. Running a company here is operationally fine but fiscally expensive: the state takes a large bite of every unit of profit.
Corporate taxi
12.5 → 27%
progressive · +35% Thin capitalisation penalty on interest, commissions, or other financial disbursements for related-party loans exceeding a 3:1 debt-to-equity ratio
IP Box · Patent Boxi
NONE
no IP regime · IP income taxed under standard corporate rules
Misuse of corporate assetsi
NO CRIMINAL LIABILITY
Civil Matter / Article 470 No. 11 of the Penal Code
In Chile, the equivalent of 'Misuse of Corporate Assets' is 'Administración Desleal' (Unfaithful Administration), introduced by Law 21.121 and modified by the Economic Crimes Law (Law 21.595). This crime requires 'harm to the assets of another' (perjuicio al patrimonio ajeno). Chilean legal doctrine generally considers that if a sole shareholder is also the sole director and the company is solvent, the owner's consent precludes criminal liability because there is no third-party victim or 'other' whose assets are being harmed. Such conduct is primarily addressed through tax law (as 'gastos rechazados' or disallowed expenses under Article 21 of the Income Tax Law, carrying a 40% tax penalty) or civil liability (piercing the corporate veil).
Shareholders privacyi
PUBLIC
Registro de Empresas y Sociedades (RES) and Diario Oficial
Directors privacyi
PUBLIC
Registro de Empresas y Sociedades (RES) and Diario Oficial
Incorporation costi
Simplified Stock Company
Sociedad por Acciones (SpA)
Notary Fees and Public Deed
USD 165
Commercial Registry (CBR) Registration
USD 88
Official Gazette (Diario Oficial) Publication
USD 77
Professional Legal Fees (Foreigner Setup & RUT Processing)
USD 1,102
Total
USD 1,433
VAT standard ratei
19%
single rate · no reduced tiers
19%
Food & drink
19%
food
19%
non-alcoholic
19%
alcohol
Print media
19%
books
19%
ebooks
19%
newspapers
Culture
19%
cultural events
19%
cinema
19%
theatre
19%
museums
19%
sports
Transport
19%
public transit
19%
rail
19%
air
Hospitality
19%
hotels
19%
restaurants
19%
takeaway
Health
19%
pharma
19%
medical dev.
Energy
19%
electricity
19%
natural gas
19%
district heat.
19%
domestic fuel
Utilities
19%
water
19%
waste
Clothing
19%
kids clothing
Digital & telecom
19%
digital
19%
telecom
19%
broadcast
Construction
19%
construction
19%
social housing
Agriculture
19%
farm inputs
19%
animal feed
Personal services
19%
funeral
19%
hairdressing
Finance
19%
insurance
19%
financial svc.
04/08
Is Chile good for your holding company?
●treaty network
●participation exemption
●withholding
NOT REALLY. Chile has a moderate 37-strong treaty network. Without a participation exemption, dividends from subsidiaries land in the corporate schedule (27%): workable for operational subsidiaries, much weaker as a pure holding vehicle.
Territorial systemi
Individuals
WORLDWIDE
Corporates
WORLDWIDE
Individuals: worldwide income taxation regardless of source.
Corporates: worldwide.
Participation exemptioni
NONE
no dividend participation exemption regime
CFC rulesi
APPLY
Chilean tax residents must account for passive income from controlled foreign entities on an accrual basis when such income accounts for more than 10% of the entity's total yearly revenue.
WHT · dividendsi
35%
non-resident outbound
WHT · interest
35%
non-resident outbound
WHT · royalties
30%
non-resident outbound
Tax-haven WHT
—
no punitive rate on record
Treaties signedi
37
active
Treaties pending
—
in negotiation
Tax treaty networki
origin · CL
0%
> 0%
no treaty
⌖
Inspect a country
Hover any country on the map to read its withholding-tax treaty with CL.
| Country | Status | Dividends | Interest | Royalties |
|---|---|---|---|---|
|
|
|
|
|
|
| ∅ // no treaties match | ||||
05/08
What does it cost to come and go from Chile?
●exit tax
●territorial system
●dual citizenship
SOME. Chile taxes worldwide income while you're resident, but there's no exit tax on the way out. The cost of leaving is mostly paperwork: unrealised gains follow you to the next jurisdiction untouched.
Exit taxi
NONE
no triggers active · residence change tax-free · no deemed-disposal mechanism
Dual citizenship
ALLOWED
naturalised citizens may keep their existing nationality
Citizenship paths
●
Residence
●
Marriage
●
Birth
●
Descent
○
Investment
06/08
Will Chile protect your privacy?
●info exchange
●corporate registries
NOT AT ALL. Chile has signed every exchange framework that matters and operates a public corporate registry. Whatever you do here (earn, hold, structure) is reportable, accessible, or both. Privacy is not the strategy in this jurisdiction.
Multilateral reporting frameworks
4/10 active
· 5 pending
CRS
2018
CARF
2025
FATCA
2014
MLI
2020
BEPS
—
MAAC
2016
GLOBAL FORUM
—
EOIR
—
CRYPTO-CARF
2025
CRYPTO TRAVEL RULE
—
07/08
Is Chile itself a liability?
●blacklists
●FATF standing
NO. Chile carries no entries on any major blacklist, though it sits outside FATF membership. Counterparties may apply light extra due diligence, but no formal stigma attaches to dealing with it.
Blacklist exposure
Clear everywhere
FATF
grey / black list
EU
non-cooperative list
FRANCE
ETNC list
SPAIN
tax-haven list
PORTUGAL
favourable regimes
BRAZIL
low-tax list
08/08
Will you feel free in Chile?
●press freedom
●crypto
●CBDC
●EU
PARTLY. Chile scores in the middle band of the RSF press-freedom index (rank #69): civil society operates but the boundaries are real. Crypto sits in the standard regulated tier.
Press freedom · RSF indexi
69/180
score 62 · ↓ 17 ranks year-on-year
Central bank digital currencyi
| Program | Status | Cross-border | Sources |
|---|---|---|---|
|
Chile WCBDC
Transfer of tokenized assets between agents on a blockchain ledger using a wholesale CBDC as the settlement instrument.
Central Bank of Chile
|
RESEARCH | — | announce → |
|
Chile CBDC
Improve financial inclusion
Central Bank of Chile
|
RESEARCH | — | announce → |
SEE ALSO
Other jurisdictions worth comparing
Picked by similarity of strategic profile to Chile. No editorial ranking — neighbours in the same scoring space.
PROFILE-ADJACENT
Same shape, comparable overall friction.
NOTABLY MORE FAVORABLE
Same family of strategies, higher total score.
NOTABLY LESS FAVORABLE
Same family of strategies, lower total score.