- From January 1, 2026, Chile introduces a simplified VAT regime for small businesses, allowing fixed monthly VAT payments.
- Eligibility requires being an individual seller, having average sales not exceeding 20 UTM, and not being subject to certain special taxes.
- Application must be made formally through the tax authority’s website.
- The new resolution replaces the 1977 and 1979 regulations and details how the fixed VAT is calculated, payment periods, and conditions for exclusion from the regime.
Source: fiscal-requirements.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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