Chile’s New VAT Rules for Imports Take Effect This October
Chile has introduced new VAT rules for imported goods, effective from 25 October. The changes require buyers to declare and pay VAT when products arrive in the country. Authorities have also outlined the steps needed to reclaim VAT credits on these purchases. Under the updated system, VAT must be paid at the point of import for all goods entering Chile. This applies whether the seller is a foreign supplier or an online marketplace. Buyers who are registered VAT taxpayers will have the tax collected automatically during the import process. The rules took effect on 25 October, applying to all goods shipped into Chile from abroad. Importers must now ensure VAT is declared and paid upon entry. Those seeking to reclaim VAT credits will need to submit the correct paperwork to support their claim.