Yes, foreigners must obtain a Business Visa (Type M) to start a business in Colombia. This visa is essential for entrepreneurs planning to invest in the country.

The complete process of starting a business can take about two months, depending on the specific circumstances and documentation required.

Expatgroup.co provides support for foreign entrepreneurs looking to invest in Colombia, including legal assistance for business structuring and obtaining the necessary visas.

Pokawa Colombia is a restaurant founded by French entrepreneurs Nicolas and Alexis, inspired by traditional Hawaiian poke dishes. It focuses on a fresh, fun, and healthy diet.

If your personal information or economic activity changes, you need to update your RUT. This can be done through DIAN’s Muisca platform.

The process is not complicated with the right information and preparation. You just need to follow the established steps and have all your documents ready.

You need a legible copy of your passport, your Cédula de Extranjería (if you have one), the Permiso de Protección Temporal (PPT) if you are Venezuelan, and the completed Single Tax Registration (RUT) form.

You can obtain the RUT by scheduling an appointment on the DIAN website and selecting the non-face-to-face option. Before your appointment, you’ll need to complete a form and submit the required documents. You also have the option to do the process in person.

Benefits include opening bank accounts, accessing a wider range of services, participating in commercial activities, buying or renting properties, and demonstrating compliance with local regulations, which builds trust among business partners and financial institutions.

The Registro Único Tributario (RUT) is an essential document for identifying taxpayers in Colombia, both citizens and foreigners. It is important because it allows you to open bank accounts, fulfill tax obligations, and legally engage in economic activities within the country.