Tax Planning Guide for 2025
Tax planning is a key strategy for individuals and businesses doing taxes in Colombia and who want to optimize their tax burden, comply with current regulations, and avoid penalties.
| business in colombia, doing business in colombia, starting a business in colombia |
Tax planning is a key strategy for individuals and businesses doing taxes in Colombia and who want to optimize their tax burden, comply with current regulations, and avoid penalties.
In a significant move aimed at improving workers’ quality of life, President Gustavo Petro officially decreed a 9.5% increase in Colombia’s minimum wage for 2025.
This article aims to clarify the obligations associated with SAS in Colombia and the benefits of choosing this business model.
The first step in organizing your business plan in Colombia is to understand the requirements set by Colombian law. When setting up a company in the country, you need to consider accounting, labor, commercial, and general tax obligations.
One crucial aspect of taxation in Colombia is the corporate tax. This tax is applicable to resident and non-resident legal entities with a permanent establishment in the country.
For those seeking to establish a presence in this dynamic market, understanding the process of obtaining a business owner/shareholder visa and navigating the intricacies of starting a business in Colombia is paramount.
In this comprehensive text, we’ll delve into everything you need to know to embark on your business journey in Colombia.
Colombia has become a highly attractive destination in the past few years for foreign investors looking to expand their business ventures.
Which isn’t strange, considering the business culture in Colombia, with a stable and upcoming economy that offers numerous opportunities for growth and success.
Nevertheless, operating a business in a foreign country comes with its fair share of challenges.
Over the past decade, buying property in Colombia has become an increasingly popular option among real estate investors worldwide.
After all, the country’s real estate market has seen impressive growth and relative stability—it was one of the first in the region to resume activity during the pandemic lockdowns and has experienced a significant surge ever since.
Colombia’s economy is one of the biggest pros when considering Colombia as your next destination or even your next home.
The Colombian economy grew 10.6% in 2021, experiencing an economic boom in the past few years because of its abundant natural resources, growth in technology, construction, mining, shipbuilding and tourism.
Whether you’re considering moving directly to Colombia and setting up your own company, or even investing in Colombia from afar, there’s some insight worthy of your attention as to the legal terms regarding the corporate and business panorama in Colombia.