Discover the strategic advantages of establishing your company in Colombia.
Strategic location connecting North and South America with access to both Pacific and Atlantic coasts for global trade.
Strong sectors in agriculture, mining, manufacturing, and a rapidly expanding technology and services sector.
Large, educated workforce with growing expertise in technology, engineering, and bilingual capabilities.
Government initiatives to improve ease of doing business, reduce bureaucracy, and attract foreign investment.
Lower operational costs compared to developed markets while maintaining quality infrastructure and services.
Growing startup ecosystem with government support for innovation, technology development, and entrepreneurship.
Choose the perfect package for your business needs and growth objectives.
Simplified Joint Stock Company (SAS) formation, the most popular and flexible entity for entrepreneurs and SMEs.
Comprehensive SAS formation with banking support, accounting setup, and full operational guidance for active businesses.
Traditional corporation (SA) formation for larger enterprises requiring formal governance structure and public investment.
Specialized formation for companies operating in Colombian Free Trade Zones with enhanced tax benefits and export focus.
Choose the right legal entity for your business objectives.
The most popular and flexible business structure in Colombia, ideal for startups, SMEs, and foreign investors seeking operational flexibility.
Traditional corporation structure suitable for larger businesses, public companies, and those requiring formal governance structures.
Limited liability company structure for smaller businesses with restricted ownership transfer and partnership-like management.
Colombia offers opportunities across diverse and growing industries.
Growing IT sector with government support and international outsourcing opportunities
World-class coffee, flowers, and diverse agricultural products with export potential
Rich natural resources including oil, coal, gold, and growing renewable energy sector
Diverse manufacturing base with automotive, textiles, and consumer goods production
Expanding tourism industry and professional services sector
Sophisticated financial sector with regional banking and fintech growth
Access significant tax benefits and export incentives through Colombian Free Trade Zones.
Bogotá
Services, technology, logistics
Valle del Cauca
Manufacturing, logistics, automotive
Barranquilla
Port operations, logistics, manufacturing
Step-by-step guide to establishing your company in Colombia.
Check name availability with the Chamber of Commerce and reserve the chosen company name for registration.
Prepare articles of incorporation and other required documents. For SAS, this can be done via private document; for SA, public deed required.
Register the company with the local Chamber of Commerce and obtain the commercial registration certificate.
Register with DIAN (tax authority) to obtain the tax identification number (RUT) and activate tax obligations.
Register for local Industry & Commerce tax with the municipal authority where the company will operate.
Open corporate bank account with Colombian bank and complete any required capital deposits.
Understanding the tax framework for Colombian companies.
| Tax Type | Rate | Description |
|---|---|---|
| Corporate Income Tax | 35% | Standard rate for resident companies on worldwide income |
| Non-Resident Tax | 35% | Tax on Colombian-source income for non-resident companies |
| VAT (IVA) | 19% | Value-added tax on goods and services |
| Industry & Commerce Tax | 0.2%-1% | Municipal tax on gross income, varies by municipality and activity |
| Withholding Tax | Various | Different rates apply depending on type of payment and recipient |
Common questions about Colombian company formation.