Requirements and documents for a business account in Chile

Snapshot

To open a business account in Chile you normally need a company registered in Chile with a RUT from the Servicio de Impuestos Internos, the registered incorporation deed, identity documents for the directors and the legal representative, proof of a Chilean business address, and a description of the business activity. Many banks also run source of funds and beneficial ownership checks. Foreign documents usually need an apostille and a Spanish translation.

Core requirement: A company registered in Chile with a RUT and an identifiable legal representative. Verify with the provider.
Key documents: Company RUT, incorporation deed, identity documents, proof of address, business activity description. Verify with the provider.
Non resident position: Usually opened through a locally registered entity with a representative domiciled in Chile. Verify with the provider.
Foreign papers: Often need an apostille and an official Spanish translation. Verify with the provider.

Fees and features as of 16 May 2026Last reviewed 16 May 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

To open a business account in Chile you usually need a company registered in Chile with a RUT from the Servicio de Impuestos Internos, the registered incorporation deed, the escritura de constitucion, identity documents for the directors and the legal representative, proof of a Chilean business address, and a description of the business activity. Many banks also check source of funds and beneficial ownership, and foreign documents normally need an apostille and a Spanish translation. Information as of 16 May 2026, not advice.

What you need to open a business account in Chile

The requirements fall into two parts. First the company must exist as a registered entity in Chile with a RUT, the tax number issued by the Servicio de Impuestos Internos. Second the provider runs identity and compliance checks on the company, its legal representative, and its owners. As of 16 May 2026, the exact list varies by provider, with banks usually asking for more than a digital provider, so confirm the requirements before you apply.

Company and identity documents

Most founders form a sociedad por acciones, known as SpA, or a limited liability company, known as Ltda, often through the Tu Empresa en un Dia portal, then obtain the company RUT. The registered incorporation deed, the escritura de constitucion where applicable, records the company structure and the legal representative. As of 16 May 2026, providers typically also ask for identification for the directors and the legal representative and proof of a Chilean business address.

Compliance and beneficial ownership

Providers in Chile apply know your customer and anti money laundering checks. As of 16 May 2026, this commonly means a description of the business activity, information on the source of funds, and details of the beneficial owners behind the company. Where a foreign parent or a foreign signatory is involved, documents issued abroad usually need an apostille and an official translation into Spanish.

Documents you usually need

The exact list depends on the provider and the entity type, as of 16 May 2026. Verify with the provider

The company RUT and the registered incorporation deed, the escritura de constitucion where applicable, with any later amendments.
Identification for the directors and the legal representative, plus proof of a Chilean business address.
A description of the business activity, and in many cases source of funds and beneficial ownership information.

How to prepare your documents

Confirm the entity is registered and holds a RUT, and gather the incorporation deed and any amendments.
Collect identity documents for the legal representative and directors, and a recent proof of the business address.
Prepare a short business activity description and, where a foreign document is involved, arrange the apostille and Spanish translation before you apply.

We do not list a business account that is confirmed available to business customers in Chile through an affiliate as of 16 May 2026. Local banks and digital providers in Chile each set their own document lists and compliance checks. See the related country guides below for markets where listed providers are available, and verify the exact requirements directly with the provider.

Questions about requirements in Chile

What documents do I need to open a business account in Chile?

Providers normally ask for the company RUT, the registered incorporation deed known as the escritura de constitucion, identification for the directors and the legal representative, proof of a Chilean business address, and a description of the business activity. Many banks also ask for source of funds and beneficial ownership details. As of 16 May 2026, confirm the exact list with the provider.

Do I need a RUT to open a business account in Chile?

Yes. A business account requires a company registered in Chile that holds a RUT from the Servicio de Impuestos Internos, along with a legal representative who can be identified. As of 16 May 2026, confirm the requirements with the provider.

Can a non resident meet the requirements to open a business account in Chile?

Generally a business account requires a company registered in Chile with a RUT and a legal representative. Foreign owners usually open through a locally registered entity, and a representative domiciled in Chile is often expected. Opening directly from abroad as a non resident is not normally possible. As of 16 May 2026, verify your situation with the provider.

Do banks in Chile need foreign documents apostilled?

Often yes. Documents issued abroad, such as a power of attorney or a parent company certificate, usually need an apostille and an official translation into Spanish. As of 16 May 2026, confirm the exact legalisation and translation requirements with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 16 May 2026. Confirm current terms with the provider before applying.

Requirements and documents in Chile