A legal representative is a person who acts on behalf of another person and is legally recognized. The person represented may be a natural or legal person. In the case of natural persons, the representative is a representative. In the second case, the legal representative may be the manager of a company, the manager of a residential building, etc. In the case of an SME, for example, the legal representative may be one or more partners or, if you prefer, a third party. In all cases, this figure is responsible for the presentation of decision-making. Becker Abogados is able to resolve all of these conflicts and provides high-level legal representation in a variety of business and legal issues of a company. We provide practical, effective and efficient legal advice with specialist lawyers and experts in the corporate sector. The answer is yes. From a legal and practical point of view, a company based in Chile cannot operate without the appointment of at least one legal representative. A corporation must retain the services of a corporate lawyer to represent it in all legal matters as a corporation, not the various shareholders of the corporation.

The above can be formulated with the status of specific prohibitions. For example, corporations may enforce the requirement that their legal representative obtain the prior written consent of shareholders to enter into transactions in excess of $50,000. They also advise clients on corporate governance and operational matters, such as the rights and obligations of the company`s directors and officers, as well as the general supervision of the company`s legal activities. Company law is a branch of law that is booming daily due to today`s globalization. For foreign investors, whether individuals or companies, who intend to start business activities in Chile with the creation of a new company or under the modality of a foreign subsidiary or branch in Chile, it is mandatory to appoint a legal representative or a representative duly registered with the Internal Revenue Service of Chile – SII. According to the Internal Revenue Service (SII), the requirements to be a legal representative are as follows: in our country, all companies, regardless of their type or size, must comply with certain legal obligations to operate. At the same time, anyone who wants to start a business in Chile, as well as foreign companies, must have a figure of this class registered with the Internal Revenue Service. Similarly, a weak or inexperienced legal representative could delay the incorporation process and cause major setbacks. The responsibility of the entire company, resting on the shoulders of an inexperienced legal representative, could mean disaster for future activities. The legal representative is one of the most important participants in any company. By itself, not all private organizations are required to have one, but in the same way, a figure of this class greatly facilitates operations outside society.

Below, we explain everything about this important public servant. In order to change the legal representative, it is necessary to make an amendment to the statutes, which we explain here. These alliances lead to the formation of companies that enable the economic and social development of the country, but need the appropriate legal advice for their full functioning and implementation. Business representation is essential in this regard. When starting a business in a new market, they all go through the process of navigating the territory of a new legal framework. This process must be carried out with the help of a legal representative. A legal representative in Chile is for all intents and purposes not only the visible face of the company, but also the responsible authority of the company. Subscribe to our newsletter to receive the latest business news and advice on starting a business, legal entity compliance, accounting, back office, and tax requirements. The term “legal representative” simply refers to any person who has been given the authority to act on behalf of a corporation and who therefore has the privilege and authority to create responsibilities, rights and obligations for the corporation.

In other words, a legal representative is a tool in which companies interact and interact with third parties, public institutions, their own employees and authorities. The legal representative acts on behalf of the foreign investor and may carry out one or more commercial transactions. In practice, he is responsible for concluding and executing the acts and contracts necessary for the execution of all the activities of the company he represents. It also protects the smooth running of the business. In the case of the appointment of a legal representative located outside Chile, the procedure must be conducted before the authorities or clergy of the country in which the person to be appointed as representative is located. This document must be validated by the Chilean consul of that country or by the competent authority if the country does not have a Chilean consul. The legal representative is the person responsible for: The main function of the legal representation of companies is to ensure that their transactions comply with applicable laws and regulations. For practical reasons, such as registering a business bank account, the legal representative must be a person residing or residing in Chile. In other words, foreigners can act as legal representatives as long as they have a registered address in the country. In all cases, the legal representative must meet the minimum requirements to be able to act on behalf of another person in accordance with the Chilean Civil Code. It is important for a business to have the advice of a lawyer or corporate firm, as they are often the ones who interact with potential clients and partners, as well as government agencies, and who need to know and understand the business implications of the legal decisions they make. Under this provision, all Chilean or foreign natural persons residing abroad and wishing to obtain a RUT and carry out an activity in Chile must appoint a legal representative (or a representative residing or domiciled in Chile).

When starting a business from scratch, it`s important to hire an experienced start-up lawyer as your legal representative. However, if your business thrives in Chile over time, you can assign the role of legal representative to a trusted internal employee. Latin America has a reputation for being a legally complex destination for business. Regulatory complexities are holding back growth in some countries. However, Chile has the most business-friendly environment in all of Latin America. In addition, with a growing economy, a solid infrastructure and, above all, a welcoming approach to foreign investment. Contact us. We put you in touch with our specialized legal representatives in Chile. A legal representative is a person who acts on behalf of the company in the execution of the procedures related to its management. Its responsibilities include making decisions and making commitments that are then applied to the company.

Since 2000, Chile has seen a massive increase in the creation of foreign companies and foreign investment in general. Although Chile is arguably the most business-friendly market in Latin America, with the easiest business start-up process, doing business abroad inevitably brings cultural, financial or legal challenges. Without prejudice to the fact that the partners or shareholders of a company may freely dismiss and / or appoint a new director at any time (according to the procedure indicated in their own articles of association or, failing that, in accordance with the procedures indicated in the relevant legislation), it is possible that sometimes a legal representative is appointed to carry out an indefinite administration, and in others temporarily and / or temporarily, to achieve certain objectives or until certain conditions are met, such as; This legal representation is requested until the foreign investor himself receives his residence and therefore the legal representation of the company. Opposition to the registration of a trademark consists of the exercise of a legal right relating to. The first year of negotiations in a new country or region is undoubtedly the most important. A strong and experienced legal representative will enable the company to manage the pressures of various market entry, employment and compliance requirements. Creating a solid legal basis from the outset allows the business to grow without being hindered by non-compliance or misunderstandings. In this case, the duties of the legal representative before the SII are as follows: it is crucial to select a reliable, competent and professional legal representative who acts with the best interests of the company in mind. In addition, it is recommended to appoint someone who has in-depth knowledge of the legal framework and administrative requirements. If you have started a sole proprietorship, such as an E.I.R.L., there is no need to appoint an external legal representative, as you can perform administrative tasks yourself, sign contracts and documents, hire employees, etc.