Category: Company Registration
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How to Repatriate Profits From Colombia as a Foreign Owner
A foreign shareholder can take profits out of Colombia as dividends, provided the investment was properly registered, the shareholders have approved a profit distribution, the applicable tax has been withheld,…
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How Foreign Investment Is Registered in Colombia
Foreign capital that enters a Colombian company must be registered as foreign investment with Banco de la República. When the funds are brought in through the Colombian exchange market, the…
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How to Open a Corporate Bank Account in Colombia as a Foreigner
A foreign-owned company can open a corporate bank account in Colombia once it has its mercantile registration, NIT and RUT. Banks typically ask for the certificate of existence and legal…
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10 Mistakes Foreign Entrepreneurs Make When Registering a Company in Colombia
The most common mistakes foreign founders make in Colombia aren’t during registration itself, they happen in the compliance steps immediately before and after it: choosing the wrong corporate structure, skipping…
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SAS vs. Branch Office in Colombia: Which Structure Should You Choose?
Most foreign investors entering Colombia choose between two structures: the SAS (Sociedad por Acciones Simplificada), a fully independent Colombian legal entity, or a Branch Office (Sucursal), a direct extension of…
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How Much Does It Cost to Register a Company in Colombia?
Registering a company in Colombia involves two separate categories of cost: mandatory government fees and optional professional fees. Government costs (Chamber of Commerce registration tax, the mercantile registry fee, and…
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How to Register a Company in Colombia as a Foreigner
Foreign entrepreneurs can register a company in Colombia without holding Colombian citizenship or residency. The process runs through the local Chamber of Commerce and the national tax authority (DIAN), and…