Business

If you are thinking of starting a business in Colombia, Restrepo Legal can help. We can guide you through the business formation process and make sure you comply with all local regulations. This will ensure that your personal assets are protected and you are operating openly and legally, so you only have to concentrate on enjoying yourself and making money.

Some of the steps we can help you with in creating and maintaining a business in Colombia include:

  • Choosing a corporate structure (considerations include protecting personal assets, tax implications, number of people involved)

  • Creating the company’s operating documents (Bylaws, Partnership Agreements, Shareholder Agreements)

  • Registering the company with the Chamber of Commerce

  • Obtaining required licenses for the business

  • Power of Attorney/Appointing a Legal Representative (if the foreigner will not manage the business)

  • Obtain a Tax ID number

If you are considering opening a business in Colombia, contact our office today for a free consultation.