Colombia- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

What Are the Different Types of Visas For Foreigners in Colombia?

What Are the Different Types of Visas For Foreigners in Colombia?

If you are a foreigner interested in living, working or making an investment in Colombia, it is important to know the type of visa you will need. Colombian work visa requirements vary and the documentation is different for all of them. In Colombia, there are three types of visas: Business (NE) Temporary (TP) Resident (RE) These are regulated by Decree 0834 of 2013. Of these, work visas fall under the categories of TP and RE. Foreigners and companies can apply for any of this visas depending on...

What Different Recruitment Platforms Are Available in Colombia?

What Different Recruitment Platforms Are Available in Colombia?

Recruitment in Colombia has seen a  revolution in information and communication technologies  which have innovated and created new ways of working back office processes for companies to disseminate their job vacancies. Now there are numerous options where companies publish their vacancies and how the population is looking for work. Because of these changes, it is very important to know all the different ways to publish vacancies in Colombia. Recruitment Through Social Networks in Colombia...

How To Complete a Successful Company Valuation in Latin America

How To Complete a Successful Company Valuation in Latin America

Before taking advantage of the Latin America business opportunities, one should complete a company valuation. Completing a valuation of a company in Latin America applies the same principles and procedures that would be used to evaluate a company in other countries. A potential difficulty facing an analyst within Latin America is the availability of quality and reliable information in order to accurately complete the valuation. With that in mind it is very important to employee the services of...

Head Hunting Colombia: Curriculum Vitae Recommendations

Head Hunting Colombia: Curriculum Vitae Recommendations

In Colombia, recruitment is part of the Human Resources Management (HRM) department. Recruitment is only one of the services provided by a back office services company and  involves the publication of new vacancies and the selection and evaluation of candidates, among others. The main reason why a company would invite a candidate to participate in their selection process is due to an attractive and complete CV. Below are listed some recommendations to help create an attractive CV. Format A CV...

8 Considerations In Regards to Colombia’s Employment Law

8 Considerations In Regards to Colombia’s Employment Law

The Labor Law Legislation in Colombia is regulated by the National Constitution and the Labor Code (Código Sustantivo del Trabajo). The following 8 considerations regarding Colombian employment law should be examined carefully before undertaking business operations. Colombian Employment Law - Foreign Workers Foreign workers are subject to the same rights and regulations as Colombian workers, barring the right to join a union. Foreign workers must enter into a formal written contract with an...

What Are The Key Mining Law Considerations in Colombia?

What Are The Key Mining Law Considerations in Colombia?

The mining industry in Colombia has a rich history and is still a leader producer of high quality minerals. Colombia is the largest producer of nickel and coal production in South America. It is the second largest global producer of emeralds and also holds large gold reserves. With this is mind, it is no surprise that foreign investors are getting involved with the Colombian mining industry through company formations and international trade. Despite international volatility in the commodities...

How to Form a New Company in Colombia?

How to Form a New Company in Colombia?

Over the past years, Colombia has become strong force in Latin America thanks to its financial recovery and rapid social growth. This has encouraged both local and international investment in this emerging country. After an extensive market analysis on your desired market, you need to decide how you would like to begin operating in Colombia.This article article will provide you with a brief outline on how to form a company in Colombia. Should you require more information, we recommend you make...

Foreign Investment After the War: The Colombian Peace Process

Foreign Investment After the War: The Colombian Peace Process

Colombia is facing an unprecedented event, the ending of the 50 years of internal conflict and the possibility of peace. So what does this mean for business? We asked Steve Salisbury, a local Journalist for his take on current events. By Steve Salisbury, February 23, 2016 Bogota, Colombia A Decision Boils Down to... The debate boils down to: Are the terms to which Press Santos and the FARC leadership agreeing an acceptable price to pay for peace—aimed to save lives, open Colombia to greater...

Why Invest in Colombia?

Why Invest in Colombia?

Thanks to the overall growth of the economy in Latin America and a diminishing gap in social inequality, investing in Colombia has become very attractive to international investors over the recent years. To add to this phenomenon of investor confidence, Colombia has improved its public image since it has focused on eliminating its internal conflicts. This has further enhanced the perception of the country as a stable business opportunity and given investors yet another reason to invest in...

How to create a SAS in Colombia: Colombian Corporate Law

How to create a SAS in Colombia: Colombian Corporate Law

Due to the political and economic changes that have been taking place over the past few years in the Colombian market, the quantity of foreign investment has grown rapidly. One of the best ways to form a company in Colombia is to establish a Simplified Shares Corporation, commonly known as an SAS. Here's how you can create a SAS in Colombia. Company Formation in Colombia: SAS The implementation of Law 1258 of 2008 made the SAS possible and facilitated the process of establishing such a...

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