Colombian investments are most commonly made in real estate, or in businesses. Real estate investments are very common as foreigners buy new homes after moving to Colombia, but equally as popular are the expat entreprenuers who come to Colombia and setup new businesses. Finally multinationals often setup remote branches in Colombia.
Setting up a corporation in Colombia can be complicated. We will walk you through every step to ensure your corporation is setup to protect you and your investments. All done in a timely fashion. Our professional legal messenger services will save you time and headaches. In most cases, our clients only need to appear at the local Notary Office to complete the majority of their corporate legal paperwork. After that, you can sit back and allow us to handle the rest.
Having experts like COLOMBIA LEGAL & ACCOUNTING S.A.S on the ground, working for you, is invaluable because we are familiar with local laws and regulations throughout Colombia. While the basic concepts for conducting business in Colombia are similar to many other countries, there are important differences which we can explain.
Some of the major areas where Colombian commercial law differs from other countries’ laws are: Who is Considered an Employee vs. a Contractor, Worker’s Rights, Worker’s Benefits, Corporate Contracts , Tributary Responsibilities, and, perhaps the most important and Cultural Differences.
Through the use of legal Powers of Attorney, we are able to perform many legal transactions for our clients who are not physically present in Colombia. Our bilingual Colombian accounting and legal staff includes licensed Colombian attorneys, accountants, and investigators with extensive experience. We provide high-quality services for our clients, which range from multinational corporations, to foreign nationals, to individuals desiring to establish a business within Colombia.
In addition to our Colombian accounting and legal divisions, our company also has a Human Resources Department which works hand-in-hand with our corporate clients to minimize risks and ensure compliance with all local business laws. From helping you plan and create your business to maintaining smooth operations in Colombia, COLOMBIA LEGAL & ACCOUNTING S.A.S. has the experienced, bilingual business team you need.
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Colombian Bank Accounts
We walk our clients through the complexities of Colombian anti-money laundering laws. Banks want to know the origen of your funds and where you plan to spend money you send to Colombia. Documents supplied are very similar to applying for a loan in other countries.
Colombian Real Estate
From property title investigations, purchase agreement negotiations, capital gains tax consultations, personal tax declarations, property closings, title signing, and finally title registration with the federal government. All these items must be carried out carefully if you wish to comply with a Colombian Investors Visa.
Business investments in Colombia through careful due diligence and guidance can render very healthy returns. It is extremely important to have professionals review paper work supporting all investments. We have over a decade of experience assisting foreigners invest in corporations, and small businesses in Colombia.
We have years of experience in the following Commercial Law areas:
Creation and/or Modification of Corporate Constitutions
Due Diligence Investigations for All Types of Colombian Investments
Purchase and Sales Agreements for All Types of Commercial Transactions
Popular Colombian Business Services
Customs, importing and exporting
We are able to obtain various types of import and export licenses required througout different sectors to import or export commercial products, agricultural food grade products, supplements, medical, vehicles, wood, precious metals, tehcnical services, clothing and other products.
Colombian Labor contracts
Labor contracts in Colombia have their own very special laws, regulations and different agencies which enforce them. The Ministry of Work (Ministerio de Trabajo) which facilitates workers lawsuits, and the UGPP which enforces payments of Social Security payments.
Colombian Power of attorney
Colombian power of attorneys are a very useful tool but should be used with the utmost care. We recommend using special limited power of attorneys in most cases. With a special power of attorney you can control many parameters, which can protect you and /or insure that your end goals or objectives are accomplished correctly.