Starting a Business in Chile: Key Steps and Considerations
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Starting a Business in Chile: A Step-by-Step Guide
1. Time to Set Up a Company in Chile
The process may take more than 6 months, approximately 130 days.
2. Costs Associated with Starting a Business
Costs vary depending on the type of company, with a fixed value of approximately $550. Examples:
- Industrial Company: $1,350
- Food Company: $1,270
3. Limited Liability Company Procedures
An individual limited liability company is a legal entity with limited liability. The owner's personal assets are only liable to the extent of their capital contribution. The company is liable with all its possessions.
A company is an association of individuals or legal entities engaged in commercial activity, pursuing a profit or gain shared among partners based on their contribution.... Continue reading "Starting a Business in Chile: Key Steps and Considerations" »