SII Beneficial Ownership Disclosure Form

SII Beneficial Ownership Disclosure Form for Chilean Companies

Meeting transparency requirements for beneficial ownership is a critical compliance obligation for Chilean companies, particularly those with complex shareholding structures. This SII Beneficial Ownership Disclosure Form template helps businesses comply with Chilean tax authority (Servicio de Impuestos Internos - SII) regulations by collecting detailed information about ultimate beneficial owners, corporate structures, and ownership chains.

Why Beneficial Ownership Disclosure Matters in Chile

Under Chilean tax law and international transparency standards, companies must identify and report their beneficial owners—the natural persons who ultimately own or control the entity. This requirement helps prevent tax evasion, money laundering, and ensures compliance with both domestic regulations and international standards like the OECD's Common Reporting Standard (CRS).

The SII requires detailed disclosure of:

• Natural persons holding 10% or more ownership (direct or indirect)
• Control structures through multiple corporate layers
• Trust arrangements and fiduciary relationships
• Changes in beneficial ownership throughout the fiscal year

Who Needs This Form

This beneficial ownership disclosure form is essential for:

Legal and compliance teams managing corporate governance and tax filings for Chilean entities or foreign companies operating in Chile. Whether you're a corporate attorney, compliance officer, or legal secretary, this form streamlines the collection of complex ownership data required by the SII.

Accounting and tax professionals preparing annual tax returns, including accountants, tax advisors, and financial controllers working with Chilean corporate clients. The form captures all necessary information to complete beneficial ownership sections of tax declarations.

Corporate secretaries and company administrators maintaining statutory records and ensuring ongoing compliance with Chilean corporate law. This form helps document ownership structures clearly and maintain audit trails.

Business owners and CFOs of Chilean corporations, sociedades anónimas, or foreign subsidiaries operating in Chile who need to fulfill their annual disclosure obligations efficiently.

Key Features of This Template

This Paperform template is designed specifically for Chilean regulatory requirements:

Structured ownership disclosure: Capture complete details of each beneficial owner including full legal names, RUT numbers, nationality, residency status, and exact ownership percentages. The form accommodates both simple and complex ownership chains.

Multiple ownership tiers: Document direct shareholders, intermediate holding companies, and ultimate beneficial owners through clearly organized sections. This is critical for companies with multi-layered corporate structures common in family businesses and international groups.

Control mechanisms: Identify beneficial owners who exercise control through means other than direct ownership, such as voting agreements, management control, or other arrangements.

Trust and fiduciary arrangements: Special sections for disclosing trust structures, nominees, and fiduciary relationships that may obscure ultimate beneficial ownership.

Conditional logic: The form adapts based on entity type, ownership complexity, and whether there are foreign beneficial owners, ensuring respondents only complete relevant sections.

Streamline Chilean Tax Compliance with Paperform

Paperform's flexible form builder lets you customize this template to match your firm's specific needs—add your logo, adjust questions for particular entity types, or modify the structure to align with your internal compliance processes.

Time-saving automation: Once submitted, you can use Stepper (stepper.io) to automatically route ownership disclosure data into your document management system, populate tax return templates, flag high-risk ownership structures for review, or send confirmation emails to beneficial owners. This eliminates manual data entry and reduces the risk of errors in critical tax filings.

Secure and compliant: With SOC 2 Type II compliance and robust data protection measures, Paperform ensures sensitive ownership information is collected and stored securely. You can set up role-based access controls so only authorized team members can view beneficial ownership disclosures.

Professional client experience: Unlike clunky PDFs or email chains, this form provides a clean, professional experience for clients completing their beneficial ownership declarations. The form works seamlessly on any device and can be embedded on your website or sent as a direct link.

Integration with Your Tax Workflow

Connect this form to your existing tools to build an end-to-end beneficial ownership compliance workflow:

• Google Sheets or Airtable: Automatically log all beneficial ownership submissions in a centralized database for tracking and reporting
• Document generation: Use Stepper to populate SII form templates with submitted ownership data
• CRM and client management: Push ownership information to HubSpot, Pipedrive, or your practice management software
• E-signature via Papersign: After collecting ownership data, send verification attestations to beneficial owners for electronic signature using Papersign (papersign.com), creating a complete audit trail

Reduce Compliance Risk, Save Time

Manual collection of beneficial ownership information through email, spreadsheets, or paper forms creates bottlenecks, increases error rates, and makes it difficult to maintain current records. This template centralizes the entire disclosure process in one professional, easy-to-complete form that ensures you collect all required information the first time.

For accounting firms, corporate legal departments, and tax advisory practices serving Chilean clients, this form transforms a complex annual compliance requirement into a streamlined digital process. Clients appreciate the clear, guided experience, while your team gains structured data that's ready to integrate into SII filings and corporate records.

Whether you're handling beneficial ownership disclosures for a handful of entities or managing compliance for dozens of Chilean companies, this Paperform template adapts to your scale—and with Stepper's workflow automation, you can handle increased volume without adding administrative overhead.

Start with this template today and bring Chilean beneficial ownership compliance into the modern era with Paperform.