Chile has introduced a package of tax measures aimed at boosting economic growth, encouraging investment, and creating jobs in the country over the coming years. 

Background to the measure 

The new National Reconstruction and Economic and Social Development Law, published on October 17, 2026, introduces several changes. These developments may affect both companies already operating in Chile and those considering entering the market. 

What does this mean for businesses? 

One of the key measures is the reduction of the corporate income tax (CIT) rate from 27% to 23% over three years: to 25.5% in 2027, 24% in 2028, and 23% in 2029. Lower tax rates could improve project profitability and encourage companies to review their investment plans. 

The law also moves Chile toward a fully integrated tax system. Over time, corporate income tax paid by a company will be fully available as a tax credit against the taxes owed by its shareholders. Depending on each investor's circumstances, this could reduce the overall tax burden on distributed profits. 

In addition, companies exporting certain knowledge-based services may benefit from a new tax credit linked to employee compensation. The measure is designed to support job creation in the digital economy. The amount of the credit will depend on several factors, including where employees perform their work. 

For major investment projects, the law introduces a tax stability regime for qualifying investments of at least USD 50 million. If certain conditions are met, investors may obtain greater legal certainty regarding the tax treatment of their projects for a defined period. 

Overall, these reforms could make Chile a more attractive destination for investment, service exports, and business expansion. As the new rules are implemented and further guidance is issued, companies should assess how these changes may affect their operations and future plans. 

LATAM at a Glance 

• President Luiz Inácio Lula da Silva won Brazil's presidential runoff with approximately 51.8% of the vote. His re-election points to continuity in the leadership of Latin America's largest economy, as businesses closely monitor the government's economic and fiscal priorities. 

• El Salvador is moving forward with a tax amnesty designed to give taxpayers an opportunity to regularize their outstanding obligations. Companies operating in the country should review the final terms and applicable deadlines once the measure is officially published. 

Chile's economic outlook offers promising opportunities for companies planning to operate in the country. At the same time, adapting to new regulations makes it essential to keep your multinational group's accounts under control. Contact Auxadi's experts to find out how the firm can support your international expansion across Latin America and into other regions, including the United States and Europe.

Attend LATAM Days Miami 

The second edition of our flagship event in the city will take place on November 10. In light of the constant political and economic evolution of the Latin American region, LATAM Days Miami will support CFOs in their international expansion into Latin America. 

Over the course of one morning, we will bring together professionals and academics who are experts in finance and in the region to present the different business avenues that Latin America offers. Interested in attending? 

Read more about this meeting and register. 

About Auxadi

With 26 subsidiaries across Europe, the United States, and Latin America, Auxadi is today the leading Spanish accounting firm serving multinational companies and real estate investment funds. Through its technology-driven approach and strong client-focused culture, Auxadi acts as an extension of its clients' finance departments worldwide, providing accounting, tax, payroll, transfer pricing, and corporate legal services.

Its proprietary MySPV technology platform, more than 300 employees, and over 1,700 clients have positioned Auxadi as a benchmark in the tech-enabled services sector, not only in Spain but internationally.

Auxadi can become your ideal partner. We offer a one stop shop value added outsourcing services in the areas of accounting and reporting, tax compliance, payroll management and representation services, among others.