Doing business in Chile can be rewarding, but it also comes with risks if you partner with unverified companies. Every registered Chilean company has a RUT number (Rol Único Tributario), which serves as its official tax and business identifier. Verifying this number before signing contracts or onboarding clients is crucial to avoid fraud, compliance issues, or unreliable partnerships.
Verifik’s Chilean Business Validation API makes this process fast and simple. By providing just the RUT number and document type, you can instantly access verified and detailed company information. This saves time, reduces errors, and ensures you only work with trustworthy businesses.
What is a RUT Number?
A RUT is a unique tax identification number assigned to every company in Chile. It is essential for tax filings, legal compliance, and official business records. Companies use their RUT when issuing invoices, filing with government authorities, or entering into contracts.
Verifying a company’s RUT helps businesses ensure they are dealing with legitimate and active companies. Without this verification, there is a risk of engaging with unregistered or inactive entities, which could result in financial loss or legal complications.
Common Challenges in Verifying Chilean Companies
Manual verification of Chilean companies can be inefficient and prone to mistakes. Some common challenges include:
- Time-consuming processes: Checking each company individually can take hours, especially when working with multiple partners or suppliers.
- Unreliable data sources: Public databases or unofficial sources may have outdated or incomplete information, which can lead to incorrect business decisions.
- Limited access to detailed information: Manual checks rarely provide comprehensive details such as economic activities, business categories, authorized services, or historical activity data.
These challenges highlight the need for an automated and reliable solution for Chilean businesses verification.
How Verifik’s Chilean Business Validation API Works
Verifik’s Chilean Business Verification API is built for speed, accuracy, and ease of use. With just a company’s RUT number, you can retrieve complete and verified business information from official sources. Here’s how it works:
Step #1: Submit the RUT Number and Document Type
Provide the RUT number of the company along with the document type (RUT).
Step #2: API Fetches Data from Official Sources
Verifik queries Chilean government databases to retrieve verified company information. This includes business categories, subcategories, economic activities, and services a company is authorized to provide.
Step #3: Receive Detailed Company Information
You get a complete company profile, including:
- Company name
- Economic activities and categories
- Historical activity data
- Start date and registration information
- IVA (VAT) status
- List of authorized services
With these details, you get a clear, verified, and real-time view of a Chilean company’s legal and operational profile to help you make informed business decisions confidently.
Key Features of Verifik’s Chile Business Validation API
- Company Information Retrieval: Access verified company names and official data from the Chilean business registry.
- RUT Validation: Confirm the legitimacy of any Chilean company.
- Economic Activities: Get detailed information about a company’s business activities, categories, and subcategories.
- Business Authorization: Know exactly what services the company is authorized to provide.
- Activity History: Track past and current economic activities with relevant dates and codes.
- IVA Status: Check if the company is subject to IVA (VAT) for each activity.
- Start Date Information: Verify the company’s registration and activity initiation date.
- Real-Time Data: Access current, accurate information instantly.
- Comprehensive Error Handling: Receive clear messages for invalid requests or missing data.
Benefits of Using Verifik’s API for Chilean Business Verification
- Fast and Efficient: Retrieve verified information in seconds.
- Reduce Risk: Protect your business by ensuring all partners are legitimate.
- Streamline Due Diligence: Onboard clients, suppliers, and partners with confidence.
- Easy Integration: Works with your applications or workflows without complexity.
- Reliable Decision-Making: Make informed business decisions backed by certified data.
Conclusion
Verifying Chilean companies has never been easier. With Verifik’s Business Validation API, all you need is the RUT number to access essential, verified, and up-to-date company information.
Whether onboarding clients, evaluating suppliers, or performing compliance checks, Verifik helps businesses make faster, smarter, and safer decisions in Chile.
Streamline your Chilean business verification process today. Book your free demo of Verifik’s Chilean Business Validation API today and experience how easy it is to access certified Chilean company data.
