Colombia- Business News and Updates


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

12 Things you Need to Know if Investing in Colombian Coffee

12 Things you Need to Know if Investing in Colombian Coffee

Colombia is renowned for its high quality coffee exports which have been flooding into the EU and the US markets since the recent free trade agreements. This combined with the post-FARC peace treaties - which have increased accessible agricultural land and provided long term safety - makes the coffee industry a fruitful and stable investment. The “why” to invest is clear and the “how” to invest will be clarified in this article. With the help of a very productive interview with Karl Wienhold,...

Market Trend Alert: The Colombian Hotel Industry

Market Trend Alert: The Colombian Hotel Industry

Colombia’s economy is one of the strongest in Latin America, thanks in part to its natural resources (coffee, oil, coal), the size of its domestic market, and the influential growing middle class. This gives it the edge it needs to be a key player in different industries on the rise in the country. One market trend we have had our eye on is the growth of the Colombian hotel industry. Here, we outline the recent history of Colombia's economic growth, the reason the industry is growing, and the...

5 Reasons to Invest in the Colombian Coffee Business

5 Reasons to Invest in the Colombian Coffee Business

Investing in Colombian Coffee Colombia has been attracting a large amount of foreign direct investment and is one of the most sustainably growing economies of Latin America. Colombian coffee is an important commodity which has helped the country reach the economically developed and entrepreneurial stage it's at today. A combination of European demand, high quality coffee beans, and the new post-FARC era gives way to great investment opportunities in the Colombian coffee business.   1....

A Christmas Dream in Bogota – Corporate Social Responsibility

A Christmas Dream in Bogota – Corporate Social Responsibility

At the Biz Latin Hub we pride ourselves on not only helping our clients, but also helping those in need, especially during a season which is to be enjoyed by everyone.. On that note on December 17, the Biz Latin Hub Bogota Office, in partnership with the non-profit association “Entre Voces y Sueños” made a special visit to one of the poorest communities in Bogota in order to give out numerous presents and other donations from both the group and the employees themselves. It was a great...

Colombian Mining Opportunities for Junior Mining and METS Companies

Colombian Mining Opportunities for Junior Mining and METS Companies

“The Colombian mining sector is experiencing improved fortunes and interest on the back of increased government support and increasing commodity prices; there remains a number of attractive and available projects suitable for junior mining companies and ever increasing opportunities for Mining Equipment, Technology and Services (METS) Companies" - Craig Dempsey, CEO of the Biz Latin Hub Group and Former Mining Executive . Another article of ours gave an overview of the resource sector in...

7 Essential Colombian Background Check Services

7 Essential Colombian Background Check Services

In order to make informed employment decisions, many companies perform background checks on potential employees in order to minimize risks and verify the candidate’s experience. There are several background checks in Colombia that companies can perform during their recruitment processes. Many foreign companies employee the services of a professional company to carry out these activities and other security-related services. Background Checks in Colombia - Previous Employment Verification The...

Quick Overview of the Income Tax Statements in Colombia

Quick Overview of the Income Tax Statements in Colombia

The Accounting Team, part of Biz Latin Hub Colombia, offers an explanation on income tax statements in Colombia.  Colombian Taxation - Do I need to pay income tax in Colombia? Was your gross income earned in 2015 equal to or in excess of  $39 591 000? Were your gross assets up to December 31, 2015 higher than $127 256 000? During the fiscal year 2015 did you make purchases and/or spend cash, credit cards, loans or any other means of payment for goods such as houses, apartments, lots, vehicles...

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...

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