Payroll management
Comply with your labor obligations in Colombia without complications
We support you with the monthly management of your employees’ payroll, ensuring full legal compliance and peace of mind for your business in Colombia.
What is payroll management for business in Colombia?
Our payroll management service business in Colombia is designed to help you meet all labor obligations for your employees in Colombia—free of complications and errors.
We handle monthly payroll processing, track key payment dates, manage contributions to the social security system, and oversee social benefits such as bonuses, severance, vacation days, and interest payments.
This service allows your company to operate your business in Colombia with confidence, avoiding penalties for non-compliance and ensuring your employees are properly registered and protected under Colombian law.
Poor payroll management can lead to fines, labor disputes, and unnecessary costs. Errors in payments or in the management of benefits such as bonuses, vacation, and severance can compromise your company’s stability. We take care of everything so you can meet your labor obligations without complications.
Manage your company’s payroll without complications
We handle payroll calculations, monthly payments, social security contributions, and employee benefits to ensure everything is up to date and legally compliant.
This helps you avoid penalties, maintain healthy labor relations, and focus on growing your business in Colombia with total peace of mind.
We take care of your employees’ monthly payroll, ensuring accurate and timely payments
We calculate and manage social security contributions and other labor obligations with no errors
We keep all social benefits updated, including bonuses, severance, vacations, and interest payments
While we handle the legal and administrative side, you focus on growing your business
Our process
STEP 1: UNDERSTANDING YOUR TEAM AND EMPLOYMENT CONDITIONS
We schedule an initial meeting to gather basic information about your employees—when they were hired, their salaries, and any special conditions. With this, we prepare everything needed to manage your payroll correctly.
STEP 2: MONTHLY UPDATES AND MANAGEMENT
Each month, you send us any updates (new hires, terminations, sick leave, etc.). We handle the payroll processing and enter the data into your preferred software, ensuring accurate calculations and legal compliance.
STEP 3: REVIEW, APPROVAL, AND ELECTRONIC SUBMISSION
We send the processed payroll to you for review and approval. Once confirmed, we submit the electronic payroll to DIAN (Colombia’s tax authority) and provide you with the finalized reports so you can meet your labor obligations without hassle.
What’s included in our payroll management service for business in Colombia?
Monthly payroll administration
Social benefit management (bonuses, severance, vacations, etc.)
Employee offboarding settlements (in case of resignation or termination)
Social security contribution management
Electronic payroll submission to DIAN
Monitoring of social security payments to ensure timely and accurate contributions
Have questions about payroll management in for business in Colombia? We’ve have the answers.
Payroll can be processed weekly, biweekly, or monthly depending on the employer’s preference. In Colombia, biweekly payments are the most common.
Severance: By February 15 each year or upon contract termination
Severance interests: By January 30 each year or upon contract termination
Bonuses: Twice a year—by June 30 and December 20, or upon contract termination
What deductions are made from the employee’s salary?
4% for health insurance
4% for pension
1% solidarity fund contribution (only in some cases based on income)
12% for pension
4% for family compensation fund
3% for ICBF (Colombian Family Welfare Institute)
2% for SENA (National Learning Service)
ARL (Occupational Risk Administrator), based on the risk level of each job role
What our clients say
Start with a free case assessment
What will happen after you fill out this form?
After submitting the form, your case will undergo a thorough review by our team of specialists to assess its viability. Providing clear and concise information about your objectives will expedite this process.
Subsequently, a specialist will be assigned to your case, who will contact you within one day to clarify the details of your case and define the next steps to help you achieve your goals.
Start with a free case assessment
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Brands that trust in us
Connect with us
Phone: (+57) 315 3354174
direccioncomercial@nexo.legal
Calle 11 no. 43b – 50,
Parque Empresarial Calle Once
Oficina 407
Medellín, Colombia