Chile published Law No. 21755 in the Official Gazette on 11 July 2025, which contains various measures. With respect to taxation, the main measure is an effective extension of the temporary reduced corporate (first category) tax rate for qualifying SMEs under the Pro Pyme regime. Chile previously provided a temporary reduced rate of 10% in response to the COVID-19 pandemic that applied from 2020 to 2023, with a reduced rate of 12.5% applied in 2024. Law No. 21755 provides that a reduced rate…