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Chilean VAT Rates, Compliance, and Recovery: A Guide for Foreign Companies

  • Chilean VAT rates include a 19% standard rate and exemptions for certain goods and services
  • VAT compliance in Chile includes detailed rules on recording and processing transactions
  • VAT invoices must include specific information and must be electronic since January 2014
  • Chilean VAT returns must be submitted monthly by the 12th of the following month
  • Non-residents cannot reclaim Chilean VAT and strict rules apply to maintaining VAT books and accounting records

Source: avalara.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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