Draï»żfting and review of commercial contracts
Protect your interests with well-structured contracts reviewed by professionals
We analyze, draft, and review your contracts to ensure compliance and clarityâprotecting your interests and supporting every aspect of your business in Colombia.
What is the commercial contract drafting and review service?
Our commercial contract drafting and review service is designed to support your business in Colombia with solid, clear, and customized legal agreements that protect your interests.
We guide you throughout the entire process, from determining the necessary clauses to adapting each contract to the realities of doing business in Colombia.
Our team ensures that every agreement is legally valid and properly structured, helping prevent conflicts and protect the rights of all parties involved in your business in Colombia.
By having your contracts drafted and reviewed by professionals, you strengthen business relationships, reduce risk, and operate with confidenceâknowing your agreements support the growth and security of your business in Colombia.
Ensure your agreements with legally structured contracts
With our specialized legal support, your contracts will be well-structured, legally sound, and aligned with your business objectives in Colombia.
We ensure that every agreement meets legal standards, protects your interests, and supports the stability of your business in Colombia.
We ensure that your contracts comply with regulations, minimizing the risk of disputes or financial losses.
Our legal experts efficiently manage the drafting and review process.
We create agreements that protect your rights and obligations.
We tailor contracts to your specific interests, industry, and objectives.
Our team guides you on key clauses and legal terms.
Our process
STEP 1: RECEIVING THE CONTRACT AND INITIAL MEETING
We begin by receiving the contract and having an initial meeting. During this step, we take the time to understand your needs, the details of your business relationship, and define the key terms to draft a clear agreement aligned with your objectives.
STEP 2: CONTRACT REVIEW AND ADJUSTMENTS
We review the contract, presenting you with a first draft for evaluation. In this stage, we make the necessary adjustments based on your needs, ensuring all legal aspects are covered and that the contract faithfully reflects the interests of the parties involved.
STEP 3: APPROVAL AND FINALIZATION OF THE CONTRACT
Once you approve the draft, we proceed with the final review to ensure everything is correctly structured and in compliance with the law. After approval, the contract is signed and ready to be executed, providing the necessary legal protection for both parties.
What does our drafting and review of commercial contracts for business in Colombia include?
Initial meeting and understanding of your specific situation
Request for necessary information and/or documentation
Contract review
Making adjustments, modifications, and improvements to the document
Presentation of the final agreement
How much does it cost to draft and review your commercial contracts in Colombia?
ATTORNEY'S FEE
$876,000 COP
Administrative Fees
Notarial and Registration Taxes:
$800,000 COP
Official document translation fees:
Subject to the number of words.
*ADMINISTRATIVE FEES ARE NOT INCLUDED IN THE ATTORNEY FEES.
**THE VALUES MAY VARY ACCORDING TO YOUR PARTICULAR CASE AND THE TRM (MARKET REPRESENTATIVE RATE).
***THE VALUES ARE FOR INFORMATION PURPOSES AND MUST BE PAID TO THE CORRESPONDING INSTITUTIONS OR THIRD PARTIES. THESE AMOUNTS SHOULD NOT BE PAID TO NEXO UNLESS YOU REQUEST OUR ASSISTANCE IN MAKING THESE PAYMENTS.
Do you have questions about drafting and review of commercial contracts for business in Colombia service? We have the answers.
We know that commercial contracts for business in Colombia can be a complex process and raise many questions. At Nexo, we understand your concerns and are here to address all your inquiries, giving you the confidence that your commercial contract is being handled by a team of experts.
Proper drafting and review of commercial contracts is essential to ensure that agreements are clear, legally valid, and accurately reflect the intentions of the parties. A well-drafted contract helps prevent disputes, protects the interests of those involved, and ensures compliance with the agreed obligations.
When drafting a commercial contract, it is important to consider the following:
- Clarity in obligations and rights: Clearly define what each party is required to do and their respective rights.
- Legal compliance: Ensure the contract complies with all applicable laws and regulations, and that the proposed clauses are valid and enforceable.
- Specific clauses: Include provisions that address situations such as breaches, dispute resolution, and contract termination.
- Party details: Include accurate and complete information for all parties, including legal name and authorized representative.
Failing to properly review a contract may lead to ambiguous, invalid, or missing clauses; non-compliance with legal requirements; and an imbalance in rights and obligations.
These risks can result in financial losses, reputational damage, and deteriorated business relationships.
A professional service ensures that contracts are well-structured, legally sound, and aligned with the intentions of the parties. It also helps identify and mitigate potential risks, ensures legal compliance, and provides expert advice in negotiating and drafting contractual terms.
If one of the parties breaches the contract, the affected party may pursue legal remedies, which can include enforcing the contract, terminating it, and/or seeking compensation for damages.
Yes. Commercial contracts can be modified if all parties agree and the amendment is formally documented, either according to the terms of the original contract or in accordance with applicable law.
This type of amendment is commonly referred to as an âaddendumâ (in Spanish, “otro sĂ”).
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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