Frequently asked questions
Do we need to travel to Chile?
Usually not. The incorporation can be carried out through apostilled powers of attorney granted in your country.
Can a European company own 100% of a Chilean company?
In general, yes. Chile does not impose general foreign-ownership limits, although some regulated sectors have specific rules we review at the outset.
Which structure should we choose?
An SpA is the most common choice for foreign investors because it allows a single shareholder and flexible bylaws. A branch may suit companies that want to operate directly under their parent's name. We recommend one after the consultation.
Why do we need a legal representative in Chile?
Foreign shareholders and directors without a Chilean domicile must appoint a representative in Chile to deal with the tax authority and receive official notices.
How long does the whole process take?
It varies with each country's apostille process and the bank's onboarding. We give you an estimated timeline in the proposal.