Off-Shore Services: Start Up and Outsourcing

WITH THE HELP OF GLOBAL VALUE CONSULTING

Create your company in Chile

Start Up of Foreign Companies

Global Value Consulting,  through its members and their diverse experiences in Start-ups of foreign companies in Chile, ensures a quick and efficient start-up process at low cost.

Outsourcing Service

Global Value Consulting will guide you and help you select the appropriate accounting, tax, labor and general legal services outsourcing company. 

Start Up of Foreign Companies

The Start-up or start of operations of a company necessarily has a high cost in time and a great administrative, legal, banking and accounting effort for its founders or executives.

A new business project or a new company that decides to establish itself in Chile should not waste time on these matters, but rather focus on the core and the creation of value, which is ultimately what will bring benefits in the short term. , such as, for example, the development, promotion and marketing of your products, establishing business contacts, going to proposals and tenders.

Global Value Consulting

Through its members and their diverse experiences in Start-ups of foreign companies in Chile, it ensures a quick and efficient start-up process at a low cost.

In this way, we offer Start-up services to future foreign companies that decide to establish themselves in Chile, taking charge of the following key processes or activities:

1) Advice on compliance with formal tax obligations

Advice on compliance with formal tax obligations, in reference to documents to be printed by the computer system that the company currently has or decides to acquire (invoices, debit notes, credit notes, debits, etc.) 

2) Holding periodic meetings with the logistics operator for inventory management

Holding periodic meetings with the logistics operator for inventory management during the start-up period in order to coordinate work procedures according to the instructions of Management, as well as company policies, always complying with applicable local regulations.

3) Printing of legal-commercial documentation

Printing of legal-commercial documentation (invoices, credit notes, debit notes, remittances, etc.) using corporate logos and templates. 

4) Obtaining RUT

Obtaining RUT (Single Tax Registry) to be able to operate commercially as a legal entity within Chile.

5) Authorization and stamping

Authorization and stamping of invoices, credit notes, debit notes, etc. from the SII (Internal Revenue Service).

6) Definition of monthly reports

Definition of monthly reports used by the company to be sent on accounting and financial information. 

7) Advice and administrative support for opening bank accounts

Advice and administrative support for opening bank accounts, coordinating with the company's legal advisors in order to have the necessary legal and corporate documentation regarding signature limits, powers of attorney and legal representation. 

8) Checkbook management for down payments

Management of checkbooks for initial payments and implementation of an Internet payment system through commercial banks.

9) Administration and management of payments to suppliers

Administration and management of payments to suppliers through checks or bank transfer letters, until the effective implementation of bank payment systems via electronic payments of supplier payrolls. 

10) Advice and management of company records

Advice and management of company records, in all those cases in which clients or local suppliers require it, coordinating with their legal advisors in cases where documentation of that nature is necessary.

Outsourcing Service

Global Value Consulting will guide you and help you select the right accounting, tax and labor outsourcing company. Within the services that our company proposes to outsource and control through our services.

Global Value Consulting Outsourcing Services:

Comprehensive accounting advice
  • Maintenance of accounting records and preparation of accounting information, subject of reporting and management for the company.
  • Ensure compliance with obligations, in everything related to the SII, Taxes, Social Laws (AFP and Isapre), Central Bank or other organizations.
  • Ensure compliance with policies and procedures at the corporate level.
  • Permanent advice on accounting, corporate and tax matters and attention to queries related to our services.
  • Reception of invoices from suppliers, control of them and subsequent request, management and monitoring of payment, complying with the conditions, policies and procedures established by the company. 
  • Issuance of the annual Balance Sheet in pesos and US dollars in accordance with accounting standards that are basically summarized in the Statement of Asset Situation, Statement of Income, Statement of Evolution of Assets and Statement of Origin and Application of Funds. 
  • Provide your legal advisors with the accounting and financial information corresponding to the year-end.
  • Updated maintenance of the company's Journal and Inventory Books. 
  • Coordinate, train and provide clear guidelines to officials regarding the formal requirements that the documentation received from contracted suppliers must meet. 
Tax advice
  • Calculation of corresponding monthly taxes.
  • Monthly settlement of the VAT payable.
  • Preparation of monthly payment forms required by the SII and subsequent payment thereof once the corresponding funds are received.
  • Calculation of annual taxes.
  • Preparation and presentation of the semiannual and annual sworn declarations of the corresponding taxes, according to the activity carried out.
  • Attention to inspections by the SII.
  • Attention to external tax audits.
  • Obtaining certificates that prove that you are up to date with your obligations to public organizations.
  • Obtaining from SIII proof of printing documentation (invoices, credit notes, debit notes, etc.), according to needs.
Advice on labor matters
  • Updated maintenance of the monthly salary settlements of the staff based on the information that will be provided by the company. 
  • Settlement of bonuses, licenses, vacation salaries and other special items that may apply.
  • Issuance of summary forms corresponding to each settlement. 
  • Issuance of duplicate receipts corresponding to remuneration and sending them to employees for the purpose of collecting the corresponding signatures. 
  • Monthly sending of the following information to those instructed by the company:
      • Summary form of each settlement.
      • Letter instructing the Bank to make transfers to officials.
      • Duplicate receipts for each settlement.  
  • Preparation of journal entries corresponding to remuneration, provisions for social benefits and legal contributions that must be made.
  • Maintenance of Unemployment Insurance.
Advice on legal matters
    • Obtaining and processing visas and work permits before the Chilean immigration authorities.

    • Advice on compliance as an employer with local laws and regulations on immigration as well as related matters in the labor and tax sphere.

    • Legal representation and domiciliation service for foreign legal entities.

    • Constitution of societies.

    • Corporate structuring and organization, administration, relations between shareholders, dividend remittance, and other matters related to the investment of foreign companies in Chile.

    • Advice to channel foreign investment in Chile and determination of the tax regime applicable to capital contributions from abroad.

    • Advice on legal and labor issues that arise from the day-to-day operation of the client.

Why choose Global Value Consulting?

5 Fundamental Reasons

Global Value Consulting

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