What is your Tax ID in Chile? – RUT number

The tax ID in Chile is the RUT (Rol Único Tributario). Individuals and companies use it to file taxes, issue invoices, open bank accounts, sign contracts and hire staff. For Chileans, the RUT is the same number as their national ID (RUN). Companies and foreigners receive theirs from the Servicio de Impuestos Internos (SII), the Chilean tax authority.

How a new company gets its RUT

• Online registry: a company formed through the Registro de Empresas y Sociedades receives its RUT when it is incorporated.
• Notarial deed: once the deed is signed, the extract registered in the Commercial Registry and published in the Diario Oficial, the company applies for its RUT with the SII online or at the SII office for its address.
• Either way, the company then files its start of activities (inicio de actividades) with the SII, choosing its economic activity codes and tax regime and declaring its address in Chile.

RUT for foreign shareholders, directors and representatives

Foreign individuals and foreign companies that own shares in a Chilean company also need a RUT. A shareholder who does not live in Chile obtains it through a representative (mandatario) domiciled in Chile, who acts before the SII on its behalf. Directors and the legal representative of the company need their own RUT too; foreign residents get one with their Chilean ID card.

What the company uses its RUT for

• Issuing electronic invoices, mandatory for all taxpayers.
• Filing the monthly Form 29 (VAT and provisional payments) and the annual income tax return, Form 22, in April.
• Opening a corporate bank account and registering employees.

Learn more about corporate tax in Chile.

Video: how a company is set up in Chile

How a company is set up in Chile

1. Choose the company type. Most foreign founders use the SpA.
2. If you are abroad, sign a power of attorney, apostilled and translated into Spanish, so a person in Chile can act for you.
3. Sign the incorporation deed before a notary, or form the company online in the Registro de Empresas y Sociedades.
4. Register the extract in the Commercial Registry and publish it in the Diario Oficial (both are automatic on the online registry).
5. Obtain the company’s RUT and file the start of activities (inicio de actividades) with the SII.
6. Bring in the capital and open a corporate bank account.
7. Set up electronic invoicing, monthly Form 29 filings and payroll.

Full guide: how to set up a company in Chile.

Get help from Easyco

Easyco coordinates the company setup in Chile up to the issue of the RUT, and supports companies afterwards with tax, accounting and payroll. Contact us to discuss your project.

• Company setup up to the issue of the RUT
• Providing a registered office address
• Tax and accounting
• Payroll