Agreements for the avoidance of double taxation in Chile
In 1997, Chile started to negotiate bilateral agreements for the avoidance of double taxation and the prevention of...
Englobally Payroll: Social Security Obligations in Chile 2018
In Chile, social security contributions are made through both compulsory and voluntary payments. These payments...
Registry of Companies through the portal www.tuempresaenundia.cl
The Registry of Companies (Registro de Empresas y Sociedades, RES) is an electronic record created by Law...
Starting in Chile, ¿SPA or SRL?
When starting a new Project in Chile, one of the first questions arisen among investors is the best type of entity to...
Organizational Expenses and Start-Up
Income Tax Law allows to activate all expenses incurred in order to start a company such as legal expenses, municipal...
Tax Depreciation on Fixed Assets
Article 31, item 5 of the Income Tax Law (LIR) states the criteria for accepting the depreciation applied on fixed...
Penalization for Bad Credits
Article 31 number 5 of the Income Tax Law (LIR) states a mandatory requirement in order to penalize any account...
Tax Reform keeps Non-rental Income type on Article 107 of the Income Tax Law (LIR)
In this note we will explain, as specialists in tax compliance, how the Tax Reform will keep the Non-Rental type on...
Taxation of gains in the sale or transfer of shares
This income has three types of taxation at the present time: General Regimen Special Regimen for First Category...
Accountancy in Chile: instant depreciation – rapid depreciation
One of the special disposition that was integrated in the Law about Tax Revenues (LIR) the 20.780 Law about Tax...