2024
All non-profit entities (ESAL) are required to implement a Corporate Transparency and Ethics Program (PTEE)
Through Circulars 058 of November 18 2022, and 013 of April 14 2023, as well as Resolution 2024060000475 of January 11 2024, the Mayor's Office of Bogota and the Government of Antioquia established the obligation for ESAL to implement a PTEE.
Doing Business - Corporate Affairs
We present a guide that provides an overview of the legal aspects of the most commonly used investment vehicles in Colombia, as well as a compilation of the most relevant current commercial and economic trends that will be of great help to companies and investors.
Doing Business - Description of Labor Obligations in Colombia
Our country has a special labor law that regulates the relationship between employer and employee.
Doing Business - Trends and Opportunities
The Colombian tax system is composed of national and local taxes (departments and municipalities).
Learn about Law 2300 of 2023 or the "Stop Scrubbing" Law
A quarter has passed since Law 2300 came into force and in practice it is found that many companies have not yet managed to adapt their processes and train their teams in the new regulations that the law proposes.
Companies obliged to implement the Binding Corporate Rules in the processing of personal data
If a Colombian company is part of a properly registered business group and shares personal data with companies within that group from Colombia to abroad, all companies within the structure are obligated to implement Binding Corporate Rules regarding the protection of personal data.
Learn about the duty of registration of web pages in the commercial register
Article 91 of Law 633 of 2000 establishes the obligation to register all web pages and internet sites in the commercial registry and to provide the National Tax and Customs Directorate (DIAN) with the information of the economic transactions carried out through these electronic means, taking into account the following premises:
Tax obligations to be fulfilled by 2024 - Individuals
The filing dates of the Formal Transfer Pricing Duties for the year 2024 are unified
The Ministry of Finance and Public Credit issued Decree 2229 of 2023 where the schedules to comply with the tax obligations as of 2024 and following years are established. Regarding the due dates of the Formal Transfer Pricing Duties, the main change is that the Master Report must be filed on the same day as the Informative Declaration, the Country-by-Country Report Notification and the Local Report, in accordance with Article 1.6.1.1.13.2.29.
Taxpayers offering consulting and scientific services, with income over 12,000 UVT to the RST
Constitutional Court by Judgement C - 540 of 2023, declared the unenforceability of some of the changes introduced by Law 2277 of 2022 to section 905 and 908 of tax administration, regulating the Simple Taxation Regime (hereinafter, RST).