Additional Incentives

Applies to private exporting companies with annual sales (domestic sales and exports) of up to US$ 30 million, excluding VAT.

• Covers up to 50% of the unpaid balance on loans.
• The total loan may not exceed US$ 5 million.

For taxpayers in the first category of the Law on Income Tax who have R&D contracts in excess of 100 UTM (monthly tax units) with CORFO registered research centres.

• Equivalent to 35% of total paid for R&D contracts certified by CORFO.
• A tax reduction on the remaining 65%.

Subsidy to support innovation by private companies in the areas of goods, services, processes, organization or trading methods.

• Covers up to 50% of the total project.
• Maximum subsidy of approximately US$ 730,000.