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Responsible Tax Agent: a new service for our clients

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With this service, DCV through its affiliate DCV Asesorías y Servicios S.A., creates a new line of businesss.

A few days ago, DCV, through its affiliate DCV Asesorias y Servicios S.A., presented to the financial market the new service called Responsible Tax Agent, which will enable the administration of tax compliance for foreign investors who are not resident, or not domiciled in Chile.

A webinar entitled “Macroeconomic perspectives in Covid times” was held together with BNP Paribas Chile as a way to launch this in Chile and it had a presentation made by Felipe Klein, BNP Paribas economist for Colombia and Chile, and then a panel discussion with Claudia Calderón, Head of BNP Paribas Securities Services, Hispanic Latam and Javier Jara, Legal and Corporate Affairs Manager of DCV.

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The main objective of this new service is the administration of investors (to obtain Tax ID No.), as well as the tax compliance in its operations, the collection of invoices, calculation, and payment of taxes in the IRS, annual sworn statements, among others. In the same way, it coordinates the management of corporate events such as the payment of dividends, maturities, OPAS, among others.

To make this important step, the first client, BNP Paribas Securities Services, has become a direct participant of DCV.

As custodians in the local market, we are very satisfied with this new tax agent service for foreign investors, which permits us to expand alternatives to foreign investors and expand DCV’s service offering that form part of the market,” said Javier Jara.

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