Chile
Make employment in Chile easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Chile, all in one easy-to-use platform.
- Capital City
Santiago
- Currency
Chilean peso ($, CLP)
- Languages
Spanish
- Population size
17,574,003
Facts & Stats
- Capital City
Santiago
- Currency
Chilean peso ($, CLP)
- Languages
Spanish
- Population size
17,574,003
- Ease of doing business
Easy
- Cost of living index
49.33 (2021)
- Payroll frequency
Monthly
- VAT - standard rate
19%
- GDP - real growth rate
1.1% (2019)
The Republic of Chile (República de Chile) is a unitary presidential republic that’s famous for its long, and beautiful coastline, wild llamas, and rich cultural diversity.
With just 4% of South America’s population and landmass, Chile still boasts the fourth largest GDP on the continent, the highest human development index, the second-highest per capita income, comparatively low corruption level, and one of the lowest crime levels in the Americas.
Grow your team in Chile with Remote
Want to hire employees in Chile? Companies hiring in Chile are typically required to either own a local legal entity or work with a global employment platform like Remote that can legally provide employment services in the country.
Remote can employ team members in Chile and keep you compliant. Remote can hire, onboard, and pay your Chile team so you don't have to set up local HR services in the region. Remote also makes it easy to pay contractors in Chile. now to get started or talk to an expert for more details.
Risks of misclassification
Chile, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Chile may lead to fines and penalties for the offending company.
Employing in Chile
The Chilean Labour Code spells out provisions for employee protections, workers’ rights, and general employment relations applicable to Chile’s workforce of 8.8 million. Employees in Chile enjoy protections against discrimination based on age, religion, sexual orientation, gender expression, and race.
Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Chile.
Minimum Wage
Effective January 1, 2025, the minimum wage in Chile is set to $510,636 pesos per month. The law includes the possibility of increasing the minimum wage according to variations in the Consumer Price Index (CPI).
Legal Gratification Bonus
Employees are entitled to this annual legal gratification bonus typically paid monthly. The payment is capped at a limit of 4.75 x the minimum monthly wage (note this amount changes when an increase to the minimum wage is announced). This bonus should be considered before finalizing an offer. The base salary can be lowered in order to accommodate the legal gratification bonus, but once a base salary is stipulated and agreed to with the employee, it cannot be lowered without the employee’s consent.
Fixed-term Agreements
Fixed-term agreements are contracts with a start and end date.
A fixed-term contract can only be limited to a one-year term (or two years for certain highly skilled professionals). This will turn into an indefinite duration contract:
after its second renewal
immediately at the term lapse, if the employer does not expressly terminate the employment on the grounds of completion of the term
if the parties have agreed to more than 2 employment contracts during a 12 month period, or more contracts during a 15 months period
if the contract exceeds the maximum term allowed (one or two years depending on the employee’s qualifications)
Payroll Cycle
For customers of Remote, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
Onboarding Time
We can help you get a new employee started in Chile fast. The minimum onboarding time we need is only 5 working days.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
18 Public holidays
Effortless HR Chile: Take the Tour
Competitive benefits package in Chile
At Remote, we’re passionate about helping you craft the best possible employee experience for your team. We are leading the way in developing globally competitive benefits programs. This means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive, and that your company has the localized expertise needed to attract and keep the best global talent.
Our benefits packages in Chile are tailored to fulfill the local needs of employees. Typically, our packages contain some or all of the following benefits:
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Local market insights
In Chile, 90%* of employers offer supplemental health insurance to their workforce. (*based on 3rd-party market research from our partners)
Although the country has a robust public health system, private health insurance provides employees with access to a wider range of options for providers and specialists, as well as significantly shorter wait times.
Our core benefits (which often include things like healthcare) are required in most countries where we hire. Because Remote is the employer of record, it’s important for us to offer the same core benefits to all employees in a country to ensure fair equity and non-discriminatory hiring practices, which protects your business and ours. Note that we do not add a markup on any benefits premiums or administration costs.
If you'd like specific information about our benefits packages in Chile, start onboarding your first employee with Remote today.
For more insight into fair equity and benefits best practices, download our Global Benefits Guide and share with the rest of your hiring team.
Transparent Pricing in Chile
Employer of Record
$599
per employee/month
Top features
Hire without opening a local entity
Guided onboarding
Local payroll paid on time, every time
Built-in security and compliance
Flexible, localized benefits
Offer equity incentives with tax assistance
Dedicated experts for local support
Contractor Management
$29
per contractor/month
Top features
Only pay for contractors you actively work with
Work with international contractors
Create, edit, and sign tailored, localized contracts
Approve contractor invoices with one click or auto-pay
Transparent payments with complete visibility
Payroll
$29
per employee/month
Top features
Powerful, transparent international payroll
Simple self-service platform
Personalized support from dedicated specialists
Adhere to local payroll regulations in every country
Integrated payroll, expense management, and HRIS solution
HRIS
$18
per employee/month
Top features
Guided onboarding and offboarding
Employee profile and document management
Contract templates and e-signing
Time off and time tracking
Expense management
Employee and manager self-serve experience
Mobile app