Colombia- Business News and Updates


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

Why Start a Business in a Free Trade Zone in Latin America?

Why Start a Business in a Free Trade Zone in Latin America?

Business today in Latin America is broadening with investors seeking a chance to start businesses in these regions. However, taking the leap and starting investments in a different country can be a difficult decision regardless of extensive independent research. Realistically, some businesses are successful, and some fail due to the lack of knowledge on whether their goods and services impact the market and location. All it takes is a bit of help from an external market specialising in...

Biz Latin Hub Sponsors 2019 Panamerican Karate Championships

Biz Latin Hub Sponsors 2019 Panamerican Karate Championships

This weekend, Bogotá’s Japanese Karate Association kicks off its 2019 Panamerican Karate Championships in the Colombian capital. The significant sporting event ties in with the city’s Festival de Verano, a celebration of its 481st birthday, running from 3-11 August. Around 600 athletes have traveled to the city from 16 countries to compete in the two-day championship. Biz Latin Hub sits down with Andrés Vargas, our very own Senior Legal Counsel in the Bogotá Office, who also moonlights as...

Why Do Business in the Pacific Alliance?

Why Do Business in the Pacific Alliance?

Latin America shows strong signs of continued development and increasingly progressive legislative changes. Government agendas are steered towards offering a more facilitative business environment for foreign entrepreneurs and investors. Part of the region’s increasing appeal to the outside world is its strong economic representation via trade blocs, such as the Pacific Alliance and MERCOSUR. Both of these groups offer great economic opportunities and benefits for members and associate...

Evolution of Fintech in Latin America

Evolution of Fintech in Latin America

As a region, Latin America’s economy is reportedly now growing faster than Asia’s. Progressive governments are front-footing legislative changes and preferential regulatory treatments for investors, both local and foreign, to boost business activity and economic growth. New prospective partners are seeking cooperation commitments and free trade agreements with Latin American countries and regional platforms such as MERCOSUR and the Pacific Alliance. Swelling middle classes are demanding more...

How Electric Vehicles Could Revolutionize Colombia’s Transport Sector

How Electric Vehicles Could Revolutionize Colombia’s Transport Sector

Popularity and reliance on electromobility and electric vehicles is increasing among developed nations looking to cut down on transportation emissions. As global pollution worsens, governments are recognizing the importance of electric transportation. Moreover, businesses, innovators, and investors foresee the demand and success of the industry and are fueling it with countless dollars and research and development. Ultimately, countries are collectively facing a paradigm shift in the world of...

Register a Trademark in Colombia for Your Business

Register a Trademark in Colombia for Your Business

Find out how to register a trademark in Colombia to protect your business and distinctive signs. This includes conducting a comprehensive trademark search in Colombia to understand current registered trademarks, and ensure yours is unique. Colombia is fast becoming one of Latin America’s top hot spots for foreign investment and business expansion. Of late, The Colombian government has worked hard to offer investment incentives in a number of sectors and industries. President Ivan Duque has...

Good Production Practices and Manufacturing Processes for Cannabis

Good Production Practices and Manufacturing Processes for Cannabis

We are living in a changing era. Just a couple of years ago, cannabis was a completely illegal product in most corners of the world. Nowadays, governments, pharmaceutical companies, cosmetic companies, and beverage companies are moving into this sector to fulfill new business opportunities in a US$75 billion market. The emergence of this new industry, and its subsequent boom, is shaping the agriculture sector across borders. Canadian, European and American cannabis companies are looking to...

How is Colombia’s Medicinal Cannabis Market Tracking for 2019?

How is Colombia’s Medicinal Cannabis Market Tracking for 2019?

Colombia is located in the north point of South America, and has ports in the Caribbean Sea and in the Pacific Ocean. Its exposure to more than 12 hours of sunlight per day all year around, and tropical climate making it a perfect destination for cannabis cultivation. During the past 7 years, Colombia's economy has reportedly grown at an average rate of 3.8%. This makes it the third-largest economy in the region. During the presidential term of Juan Manuel Santos, 2014-2018, an ambitious...

How to Grow Hemp in Colombia

How to Grow Hemp in Colombia

Colombia is recognized across the world for its amazing coffee, geographical diversity, and rich mineral resources. However, Colombia is now also be known as a major medical cannabis producer and supplier to the rest of the world. Thanks to its clear medical cannabis legal framework, and its geostrategic location, its ambitions of producing a 40-ton quota for cannabis, granted by the International Narcotics Control Board (INCB), makes it particularly attractive to foreign investors. Businesses...

Breaking Down Divisions and Creating Unity: Fundación Buen Punto

Breaking Down Divisions and Creating Unity: Fundación Buen Punto

Respect, responsibility, confidence and inclusion are the words which resonate across the rugby pitches of Colombia. Fundación Buen Punto has undertaken a unique and remarkable effort to teach children from post-conflict areas fundamental social values, through the sport of rugby. In coaching and teaching rugby, the message from the foundation is strong and clear: to tackle the divisions between social class and racism between children, and kick it out of Colombian society. “With rugby, you...

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