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From Chile · The Americas

Start a US company from Chile

For Chilean founders who need Stripe, sell to US customers or raise from US investors. Stripe doesn't take Chilean businesses, and Mercury and Wise Business both serve founders here. A US company earning passive income can be taxed to you under art. 41 G, so read that section first.

Launch + Wyoming filing; the tax return is separate.Checked by Saais Patel, compliance reviewer.

At a glance

Mercury takes applications from founders living in Chile. Wise Business is the usual second account.

The banks, in detail
US tax treaty
In force
Local Stripe
No
Mercury
Yes
Currency
CLP
Our fee
from $249
Wyoming's fee
$102.40
Until we file
Refunded in full

You can form a US company while living in Chile, without an SSN or a US visit, and Mercury and Wise Business both open for founders here. Launch starts at $351.40 in Wyoming, including our plan and state filing fee. Stripe doesn't take Chilean businesses, so a US company is often how founders here get it. The Chilean point is passive income: above set lines, art. 41 G treats it as yours as the LLC earns it.

Watch

The first year from Chile, in 5 minutes

Thinking of a US LLC while living in Chile? Chile cares less about where you live and more about what kind of income the company earns. If you control it, art.

Transcript

Before you form

Start with what kind of income the company will earn.

  • A Wyoming LLC usually fits

    Card payments from customers worldwide

    Stripe doesn't take Chilean businesses, so a US company is often how founders here get it.

    Getting access to Stripe
  • Check art. 41 G first

    Licensing software or content

    Royalties are passive income. Above the 10% and 2,400 UF lines, they're taxed to you as the LLC earns them.

    US companies for SaaS
  • A Delaware C-Corp

    Raising from US investors

    US investors usually want a Delaware C-Corp. The treaty now limits US withholding on what it pays you.

    Raising from US investors
  • A US subsidiary

    A Chilean SpA expanding to the US

    An SpA can own a US company as its subsidiary. Its passive income can come back under art. 41 G.

    US holding companies

BaseAcross's Wyoming LLC and Delaware C-Corp options for founders in Chile

Wyoming LLC

Owner-run business that needs Stripe or sells to US customers.

State filing
$102.40
Yearly state charge
From $60
Wyoming LLC formation

Delaware C-Corp

Raising from US investors.

State filing
$110
Yearly state charge
$450 for the model shown
Delaware C-Corp formation

Both charges are the state's, before our plan, optional services and your advisers' fees. Wyoming sets a minimum yearly charge, and Delaware's franchise tax depends on how it's calculated. Staff, stock or premises in another state can bring obligations there. An S-corporation isn't an option, because nonresident aliens can't hold its shares.

Prepare the information

Different documents are needed at different stages.

You provide

Before state filing

  • Your proposed company name, business activity and chosen structure.
  • Owners' names exactly as on their passports, ownership shares, managers and home addresses.
  • What kinds of income the company will earn, because Chile's art. 41 G looks at passive income.
  • The approved company name and formation details.
  • The responsible party. Without an SSN or ITIN, the application goes on Form SS-4.
  • Accurate mailing and principal business addresses, and your signed authorization where required.
You confirm; we prepare

After formation, for the EIN

  • A passport for each owner the provider asks about.
  • Formation documents, the EIN confirmation and the operating agreement.
  • A real business address, your website, a description of the business and the source of funds, as each provider asks.
The provider verifies

For bank and payment applications

  • The LLC's income by type, passive or not, for art. 41 G.
  • Your ownership and that of anyone related to you.
  • Your return, with any passive income treated as yours.
You and your contador

For the SII

You don't need a Chilean SpA to form a US company. The EIN is the US company's tax ID. Send identity documents through a secure request, and only the ones asked for.

How it works

Seven steps from Chile to a maintained US company.

The state approves the company, the IRS issues the EIN and each provider approves its own account. In Chile, your contador handles the SII; we don't file there.

You and your contador

Check the Chilean side first

Decide whether you need a US company at all, what share of its income will be passive, and what the Banco Central wants for the investment.

You leave this stage with: A plan that fits Chile's rules.

01 / 07

Plan the wait

Formation, the EIN and banking have separate timelines.

Published service estimates and prerequisites for a Wyoming company from Chile

  1. Wyoming formationSame day
  2. Ordinary EINsix to eight weeks
  3. Expedited EINtwo to three weeks
  4. Bank and payment accountsProvider review
  5. US Stripe accountStripe's review
  1. Wyoming formation

    Same day

    The clock starts
    Complete filing accepted by the state
    What can change it
    Our order checks and filing batch come first. Expedited filing changes our queue; it doesn't speed up the EIN.
  2. Ordinary EIN

    six to eight weeks

    The clock starts
    EIN application after formation
    What can change it
    Included in the plan. This is our published estimate; the IRS queue can change.
  3. Expedited EIN

    two to three weeks

    The clock starts
    EIN application after formation
    What can change it
    Optional $199 service. An estimate, with issuance controlled by the IRS.
  4. Bank and payment accounts

    Provider review

    The clock starts
    Company and owner information ready
    What can change it
    Mercury, Wise, Stripe and any other provider set their own timing, may ask for more documents and can decline an application.
  5. US Stripe account

    Stripe's review

    The clock starts
    US bank account and website ready
    What can change it
    Stripe reviews the business and the person behind it, and can decline.

These are service estimates, not promised completion dates. The IRS and each provider set their own processing times. Names or addresses that differ between documents slow every stage.

What it costs

The same price from Chile as from anywhere.

Charged in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.

LLC cost calculator

Launch

To start

$351.40

$249 our fee + $102.40 Wyoming fee

Renews from $309 a year

OperateBilled yearly

To start

$2,490.40

$2,388 our fee + $102.40 Wyoming fee

Renews from $2,448 a year

Included in both plans

  • State formation filing
  • Registered agent and registered office
  • EIN application without an SSN
  • LLC Operating Agreement or corporate bylaws
  • Bank and payment application guidance
  • Filing calendar and reminders

What changes because you live here

The filing is the same from anywhere. Four things aren't.

Treaty status, payment availability, bank eligibility and time zones. Sources checked 14 October 2026; account approval remains with the provider.

1 of 4: The tax treaty

The tax treaty

The tax treaty: In force

The US–Chile income tax treaty, signed in 2010, is in force.

It caps US withholding on interest at 10%, on dividends at 15%, and on royalties at 10%, or 2% for equipment rentals. Pay for work you do in Chile generally isn't US-source income, so the treaty matters less for a services business.

How Chile sees it

Passive income in a US company can be yours before it's paid out.

The art. 41 G rules come from the SII's own 2025 circular, residence from the Tax Code as the SII publishes it, both in Spanish; company residence from PwC's summary. They run alongside the US steps below.

  1. When you hold 50% or more

    You

    The LLC is controlled. Its passive income, such as dividends, interest and royalties, is treated as yours as it accrues.

  2. Unless an exclusion applies

    You and your contador

    Passive income 10% or less of the total, passive assets 20% or less, taxed at 30% or more, or 2,400 UF or less in the year.

  3. If it works through Chile

    The company, with your contador

    A fixed place of business or a dependent agent in Chile is a permanent establishment.

Worked example

An LLC with licence income, worked through

This is an illustration, not a quote. The 2,400 UF line is measured at the end of the year, at that day's UF.

  1. Your Wyoming LLC earns CLP 300,000,000 in a year, after costs: half from services to clients abroad, half, CLP 150,000,000, from licence fees.

  2. You own all of it, so it's controlled. Licence fees are royalties, which are passive: half its income, well above the 10% line.

  3. It pays no US tax, so it isn't taxed at 30% or more. At the UF of 14 October 2026, 2,400 UF was about CLP 98.8 million, and CLP 150,000,000 is above it.

  4. So the CLP 150,000,000 is treated as yours as it accrues. The services income isn't caught.

What Chile expects

Owning a US company doesn't take you out of Chile's tax system.

Chile treats a controlled foreign entity's passive income as yours as it accrues, above set lines, and a US company with a fixed place or agent in Chile has a permanent establishment.

Controlled foreign entities

A foreign entity of any kind is controlled when Chilean residents, with related parties, hold 50% or more of its capital, profits or votes. Its passive income, such as dividends, interest and royalties, is then treated as theirs as it accrues.

When it doesn't apply

The rule is lifted when passive income is 10% or less of the entity's total, passive assets are 20% or less of its assets, the income is taxed at 30% or more abroad, or passive income for the year is 2,400 UF or less.

Company residence

Companies incorporated in Chile are Chilean residents. A foreign company with a fixed place of business or a dependent agent in Chile has a permanent establishment there, taxed on what it earns.

Residence

You're resident if you stay in Chile for more than 183 days, all at once or not, in any 12-month period.

On the record

We form US companies. We aren't Chilean tax advisers. These are the rules as they're generally published, they change, and how they apply to you depends on details this page can't know. Take this list to a tax adviser in Chile before you order, and we'll tell you what the US forms need.

After formation

Someone has to own each filing, in each country.

US information reporting

A US LLC with one foreign owner is usually a disregarded entity that files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you. Money you put in, take out or are paid for your work can count even in a year without sales. The IRS penalty for not filing starts at $25,000.

For a calendar-year company, the return is usually due 15 April, and Form 7004 requests an extension before then. A C-Corp, or an LLC with more than one owner, files different returns.

Form 5472 and the pro forma 1120
Who handles each formation, banking and filing responsibility
TaskWho handles itWhere the responsibility ends
Formation and EIN applicationBaseAcross prepares and submitsThe state approves formation; the IRS issues the EIN.
Bank and payment applicationsYou, with our guidanceThe provider verifies the information and decides.
Chilean returns and sworn statementsYou and your contadorWe provide the US company records they need.
Annual state filingYou, or our optional filing serviceReminders are included; managed filing and the state charge are separate.
US federal returnsYou and your US tax preparerLaunch and Operate remind you; they don't file the return.

Prepare the conversation

Take these questions to your contador before you order.

Bring the owners, where each lives, the operating agreement and the company's expected income by type. Each question is also in Spanish.

Download the checklist for your contador (.txt)
  1. 01
    EN

    Is my US LLC a controlled entity under art. 41 G, and is any of its income passive?

    ES

    ¿Mi LLC estadounidense es una entidad controlada según el art. 41 G, y alguno de sus ingresos es renta pasiva?

  2. 02
    EN

    Does one of the exclusions apply: 10% of income, 20% of assets, 30% tax or 2,400 UF?

    ES

    ¿Aplica alguna exclusión: 10% de los ingresos, 20% de los activos, tasa del 30% o 2.400 UF?

  3. 03
    EN

    What must I report to the Banco Central for the investment, under the compendium in force since 2026?

    ES

    ¿Qué debo informar al Banco Central por la inversión, según el compendio vigente desde 2026?

  4. 04
    EN

    Which sworn statements must I file with the SII?

    ES

    ¿Qué declaraciones juradas debo presentar al SII?

  5. 05
    EN

    How are payments from the company to me taxed, and how does the treaty credit work?

    ES

    ¿Cómo tributan los pagos que la sociedad me haga, y cómo funciona el crédito del convenio?

  6. 06
    EN

    Would an SpA serve me better than a US company?

    ES

    ¿Me convendría más una SpA que una sociedad estadounidense?

  7. 07
    EN

    How should I keep records for the US return and my Chilean return?

    ES

    ¿Cómo debo llevar la contabilidad para la declaración estadounidense y mi declaración en Chile?

Questions

Questions from Chile.

If yours is not here, email us at hello@baseacross.com before you order.

Can a Chilean resident own a US LLC?

Yes. US law doesn't require an LLC's owners to be US citizens or residents, and formation, the EIN and the bank applications all happen remotely. The Chilean questions are passive income under art. 41 G and what you report.

What does art. 41 G do?

It treats a controlled foreign entity's passive income as its Chilean controllers' as it accrues. An entity of any kind is controlled when Chilean residents, with related parties, hold 50% or more of its capital, profits or votes.

When doesn't art. 41 G apply?

When passive income is 10% or less of the entity's total, passive assets are 20% or less of its assets, the income is taxed at 30% or more abroad, or passive income for the year is 2,400 UF or less. A services business with little passive income usually falls outside it.

Can Chile tax my US company itself?

On what it earns through Chile. Companies incorporated in Chile are Chilean residents, and a foreign company with a fixed place of business or a dependent agent in Chile has a permanent establishment there.

How much does a US company from Chile cost?

Launch starts at $351.40: $249 for the plan plus $102.40 for the Wyoming filing. The plan and Wyoming's minimum yearly charge then total $309 a year. Your contador's fees, US return preparation and Chilean filings are separate. Wyoming's license tax can be more than its $60 minimum.

Should I form a Wyoming LLC or a Delaware C-Corp from Chile?

A Wyoming LLC suits an owner-run business selling to US customers or needing Stripe. A Delaware C-Corp suits raising from US investors. Nonresident aliens can't hold shares in an S-corporation.

Can I get an EIN without an SSN or ITIN?

Yes. Without an SSN or ITIN, the application goes on Form SS-4 instead of the IRS's online tool. We prepare it after the company is formed, and the IRS issues the number.

How long does it take from Chile?

Each stage has its own clock. Wyoming's published turnaround is same day once a complete filing is accepted. Our ordinary EIN estimate is six to eight weeks after the application, or two to three weeks with the $199 expedited option. Banks, payment providers and Stripe each set their own review times. These are estimates, not promises.

Can I open a Mercury account from Chile?

Usually you can apply. Chile isn't on Mercury's list of countries it doesn't serve, and the list goes by where you live. Mercury still reviews each company and can decline.

Can I use Wise Business for the US company?

Usually, yes. Chile is on Wise's list of places where people can hold money, so a US company run from Chile can get USD account details. Wise reviews each business.

Do I need a US company for Stripe in Chile?

For Stripe itself, usually yes. Stripe doesn't list Chile among the countries it supports. A US LLC with an EIN and a US bank account can apply for a US Stripe account, and Stripe can decline.

Do I pay US tax on work I do from Chile?

Generally not. Pay for work you do in Chile is generally not US-source income, so a US company with no US office or staff often owes no US income tax on it. A single-owner LLC still files Form 5472 with a pro forma Form 1120 when it has reportable transactions with you, not Form 1040-NR.

Is there a US–Chile tax treaty?

Yes. The treaty signed in 2010 is in force. It caps US withholding on interest at 10%, on dividends at 15%, and on royalties at 10%, or 2% for equipment rentals.

Does BaseAcross file the US and Chilean returns for me?

On Launch and Operate, we add deadlines and reminders; you or your accountant file the federal returns. Managed annual state compliance is an optional $149 service fee a year, with the state's charge separate. Your Chilean returns and sworn statements are for you and your contador.

Does my new US LLC need a BOI report?

US-created companies are exempt under FinCEN's current BOI rule, effective 14 August 2026. A company formed outside the US and registered to do business there is a different case. Banks still collect ownership details for their own checks.

Sources and editorial scope

Check the published rules behind the explanation.

Prepared by the BaseAcross team and reviewed by Saais Patel, compliance reviewer. Sources checked . This is general formation information, with source links for the tax and banking context. An individual tax or legal review remains with your qualified advisers.

Art. 41 G is read from the SII's Circular 11 of 2025, residence from the Tax Code as the SII publishes it, and the UF from the SII's own table, all in Spanish. Company residence and permanent establishment come from PwC's Worldwide Tax Summaries. Confirm the current position with your contador before acting.

Ready when you are

Answer the questions. We do the filing.

It takes about four minutes. You see the whole order, state fee included, before anything is charged.

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From

Santiago

Chile

To

Wyoming

LLC · Cheyenne, WY

Plan
Launch
First year
$351.40
To order
10 steps
Start from Chile

Launch · $249 + $102.40 Wyoming · Same day