Among expats, corporate accounting in Colombia is a hot and well discussed topic. All of the corporations in Colombia have accounting needs and duties just like any other corporation else where. But what are the ins and outs of Colombian corporate accounting. To find out more, please give reading this guide and do check out our guide on paying corporate taxes in Colombia.

Colombian corporate accounting is much different than other countries. Tax filing periods vary depending on the sector. Many companies have to file every 2 months. Colombian corporate accountants must also inform you how to due legal electronic building, and how to handle withholding taxes. Colombian corporate and personal tax laws change constantly. Each year tax reforms are passed the last week of the year. Accounting rules for companies in Colombia have more requirements than in countries like the USA.

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