How To Obtain a Foreign Taxpayer ID

For all foreigners who wish to carry out any kind of investment in Chile ought to be registered to the Taxpayer ID Number (Rut or Rol Único tributario). This procedure will assign a Taxpayer Number, which among others, will grant the right to acquire shares, real estate, the purchase of rights or goods that require… Read More How To Obtain a Foreign Taxpayer ID

Further Proceedings After A Company’s Foundation

After the formation of a company, by means of the Electronic Company Registry or the old system, before the Commerce Registry, it becomes necessary an array of operations and proceedings that will ensure the company’s regular development.

2017 Chilean Tax Regimes

Aiming to inform our readers about the different tax regimes that will enter into force in Chile starting next year (2017), we are here making available the following chart with the information published by the Chilean Tax Authority (SII).

e-Rut: a simple innovation that will make life easier for thousands of taxpayers

From July 1 this year came into force the new Electronic Certificate of Rut or e-Rut (exempt resolution No. 56). It is an electronic document that can be used in physical form, printing it, or virtually from any mobile device.

Representatives before Chilean Internal Revenue Service

Probably sooner than later every company in Chile must interact with it’s Tax Authority, the Internal Revenue Service (Servicio de Impuestos Internos or SII), so is a good thing to revise some rules related to the appointment of a representative to act on behalf of the company. Whether is the company manager or some other… Read More Representatives before Chilean Internal Revenue Service

Company Owners Salary

In Chile, this concept is named “Sueldo Empresarial” and is considered a tax benefit that allows company owners to deduct, as a company expense, the salary paid to the partner or owner, subject to compliance with the requirements and conditions required by law to enjoy the benefit.

Tax Treatment of SaaS delivered from Abroad

On an earlier post we look into the concept of Software as a Service or SaaS and exposed the possible legal implications associated with it use and merchandise. Today we are looking to solve the following query: What is the tax effect on the deliver of SaaS from abroad to a user located in Chile?