Business in Colombia: What are the Colombian Legal Requirements?
Before embarking on establishing a business in Colombia as a foreign investor, it’s essential to grasp the intricacies of the legal requirements involved. At Expat Group, we frequently field inquiries from clients seeking guidance on structuring their businesses, navigating DIAN for tax identification, and engaging with the Colombian Chamber of Commerce. To address these concerns, we’ve compiled a comprehensive guide outlining the key legal steps necessary for incorporating your Colombian business. This resource covers crucial topics such as obtaining a letter of power of attorney (POA), understanding various legal structures available for Colombian businesses, fulfilling Chamber of Commerce requirements, and securing your Colombian tax identification number (NIT).