doing business in colombia

Bogota, where the government recently passed the new Colombia tax reform

Colombia Tax Reform: What It Means For Biz and Investors

On September 8, lawmakers in Colombia passed a new tax reform intended to raise $4 billion annually in an effort to help overcome economic turmoil caused by the global pandemic.  The Colombia tax reform represented a revision of an earlier reform that sought to raise $6.5 billion, and which caused widespread public protests until finally …

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A photo of skyscrapers representing Latin America business

Latin America Business: 2021 Growth Predictions Jump

In a highly positive sign for Latin America business and investment, the UN’s Economic Commission for Latin America and the Caribbean (ECLAC) has significantly raised its predictions for growth in the region during 2021, offering a strong indication of economic reactivation in the wake of the global pandemic. According to a newly released report from …

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A photo of a solar power plant representing the green investment opportunities to be found in Colombia (photo: Zbynek Burival / Unsplash)

New Law Slashes Taxes for Green Investment in Colombia

A new law providing major tax breaks for hydrogen energy usage promises to spark more green investment in Colombia, with the country seeking to emerge as a regional leader in sustainability. The Energy Transition Law received approval from President Ivan Duque on July 10, less than three weeks after being passed by Colombia’s congress. The …

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A photo of an emerald, representing Colombia emeralds

Colombia Emeralds: Investment Sought as Exports Spike

Colombian authorities are seeking fresh investment for the famed Colombia emeralds mining industry, amid a spike in the value of exports and plans to significantly increase revenues in the near future. Via an online event on June 9, the country’s National Mining Agency (ANM) announced a series of business rounds with prospective investors and buyers …

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