2024

Impact of the increase in the Minimum Wage and Transportation Allowance on labor costs

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By means of Decrees 2292 and 2293 of December 29, 2023, the National Government established the new Minimum Wage and Transportation Allowance, respectively, that will be in effect for the year 2024. Taking into account the impact this has not only for workers but also for all organizations, in this newsletter we present the most significant changes that employers will have to take into account as a result of such increases.

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Corporate Compliance 2024

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Every year, companies must comply with certain corporate obligations in order to avoid possible penalties. The following are the main obligations that must be complied with during the year 2024, and their respective detailed extension:

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Tax Compliance 2024

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For the year 2024, individuals and legal entities must comply with the formal and substantial duty with respect to the taxes incurred, therefore, we detail below relevant data, as well as the dates for the declaration and payment of the main taxes.

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