Additional Incentives

For businesses that produce goods and services, with annual revenues of up to US$ 40 million, excluding VAT.

• Maximum credit of US$ 15 million.
• Fixed interest rate with payment terms of up to 12 years and a grace period of up to 36 months.
• 30% of the total financed amount can be used for working capital.

For businesses that produce goods and services, with annual revenues of up to US$ 30 million, excluding VAT.

• Maximum credit of US$ 5 million.
• Fixed interest rate with payment terms between 3 and 12 years and a grace period of up to 30 months.
• 40% of the total financed amount can be used for working capital.

*Business must contribute at least 15% of the required investment.

Small, medium-sized and emerging businesses with annual revenues of up to approximately US$ 7.7 million, excluding VAT.

• Guarantees coverage of non-payment risk (up to 70% of the unpaid balance on loans)
• Maximum coverage of approximately US$ 190,000

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.

Applies to investment projects with revenues of less than US$ 800,000, and new projects with a maximum investment of US$ 1.9 million.

• Covers up to 20% of the amount used for the materialization of investments in capital goods.

Applies to International Centres of Excellence which specialize in technology transfer and are associated with a national research and development organization.

• Subsidizes up to 50% of the project for the first three years (up to US$ 3 million annually)
• Subsidizes up to 35% of the project for the following seven years (up to US$ 1.5 million annually).

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 for international missions of 5 to 15 unrelated private companies, technology centres and trade associations.

• Entities with annual revenues of less than US$ 3.8 million (approx.) can receive up to 70% of the total project amount
• Entities with annual revenues greater than US$ 3.8 million (approx.) can receive up to 50% of the project amount
• Maximum subsidy is approximately US$ 80,000.

* Higher subsidies may be granted in special circumstances

Subsidy to finance internships, which applies to private sector companies (at least 1 year old) that produce goods or services.

• Entities with annual revenues of less than US$ 3.8 million (approx.) can receive up to 70% of the total project amount
• Entities with annual revenues greater than US$ 3.8 million (approx.) can receive up to 50% of the project amount
• Maximum subsidy is approximately US$ 30,000.

Subsidy to support the contracting of international experts, which applies to private businesses producing goods and services, technology centres and trade associations.

• Entities with annual revenues of less than US$ 3.8 million (approx.) can receive up to 70% of the total project amount
• Entities with annual revenues greater than US$ 3.8 million (approx.) can receive up to 50% of the project amount
• Maximum subsidy is approximately US$ 55,000.

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.