The competition started on July 8, 2015 with the First Round and concluded on December 2, 2015 with the Final.
The winner qualifies for the 2016 Copa Libertadores and the 2016 Supercopa de Chile.
The Runner-up qualifies for the 2016 Copa Sudamericana.
A total 32 clubs were accepted for the competition.
The best 2 teams from each group advance to the next round.