www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 The social security system in Colombia is composed of pension, health and labor risks subsystems, family fund, and other supplementary services defined by Colombian legislation. Enrollment is mandatory for all dependent and independent workers. Health: The Social Security System in Colombia aims to regulate essential.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 If you are a US citizen interested in doing business in Colombia, in order to be considered resident for Colombia tax purposes , you need to meet any of the following conditions: Stay continuously or intermittently in the country for more than 183 days. Be.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 The penalty for not reporting THE FATCA information ends up being a prohibition to do business between Colombia and US. Therefore, its application ensures good terms with the US government and the possibility of continuing to conduct transactions and other negotiations with Colombia. In other.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 The following are considered when doing business in Colombia foreign source income: Credits obtained abroad. Income derived from technical services of repair and maintenance of equipment provided abroad. Income obtained from the sale of foreign goods owned by foreign companies or individuals without residence.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 For doing business in Colombia, according to Article 10 of the Colombian Commercial Code, «merchants ( businessman) are individuals who professionally engage in any of the activities that the law considers commercial. The status of Colombian merchant ( Colombian Businessman) is acquired even if the.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 Most of our US clients believe they can do business without a corporation. We tell them that it is fine, but they get exposed to lawsuits and labor situations with their own personal assets. That’s why we recommend creating a Colombia corporation when doing business.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 One of the most common questions we received when doing business in Colombia is why as US employer in Colombia I have to pay benefits to Colombian workers. Well, Colombia Statutory social benefits are provided to employees who receive an ordinary salary. However, Colombian employees.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 When considering purchasing property in Colombia, it is crucial for US citizens to take necessary measures to ensure legal certainty. One fundamental step in this process is conducting a title search, which provides peace of mind by confirming the property’s legality and preventing potential scams.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 Colombia has become an attractive destination for real estate investments in recent years. With its beautiful landscapes, affordable prices, and growing economy, more and more people are considering purchasing a property in this South American country. However, like any real estate investment, it is crucial.
www.doingbusinessincolombia.com EMAIL info@doingbusinessincolombia.com TEL +57-305-461-9162 If you are a US citizen interested in doing business in Colombia, it is important you know that in case you want to lease a store unit in Colombia, you be aware of the following. The Colombian commercial lease contract is governed by specific regulations.
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