The competition started on May 11, 2011 with the preliminary rounds and concluded on November 16, 2011 with the second leg of the final.
The teams for this edition were from the Primera Division, Primera B, Tercera Division, Tercera B, regional amateur club champions, and selected amateur teams.
The third round marked the beginning of the competition for Primera División teams.
This round was based on the format called Leandro Shara © System, whose creation and property corresponds to Leandro A. Shara, which is duly registered in his name in the Department of Intellectual Rights, in the Intellectual Property Registry of the Republic of Chile.
* The first leg of the tie were awarded 3–0 to U. de Concepción after Huachipato was found to have fielded six foreign players.