Before you invest in Colombia, a comprehensive planning stage is required. Our firm does a Tax and corporate planning to decide the best way to incorporate and do transactions, in order to operate with efficiency and to achieve the real interests of the stakeholders.
Once planning is done, our firm takes care of the incorporation of the elected vehicle(s) in one or more jurisdictions, for you to make wise decisions before you invest in Colombia. Sometimes the planning indicates the necessity to implement different commercial agreements between the companies of the group.
Our firm can help drafting the different contracts, looking always to satisfy the technical requirements of those agreements, in order to achieve the tax and corporate effects desired, before or after you invest in Colombia.
Colombia has a system of currency control based on informing the central bank of any currency movement. These regulations are present, for instance, in operations involved in investing, Import and export, services, and foreign loans. Our firm takes care of the compliance with these regulations, which ensures the avoidance of penalties.
Once this set up phase is completed and after you invest in Colombia, our firm takes care of the corporate and commercial law work associated to the operation of the business.
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Count on us for your next business decision in Colombia. Let us know more about your situation. You will hear from us within the next 24 business hours to arrange for a free consultation.
The new draft of Regulatory Decree for Medicinal Cannabis: Part 1 - Change to the general requirements of license applications
The Ministry of Health has proposed a new Draft Decree regarding the Safe and Informed Access to the Use of Medicinal Cannabis, to replace the current one (Decree 613 of 2017). This is the first of a series of weekly articles explaining the most important changes that the new Decree will bring. In this article we will analyze the new general requirements for all cannabis licenses and its effect on license application.
Free Trade Zones in Colombia after the 2016 Tax Reform
The last tax reform in Colombia was approved in December 2016 as Act 1819 of 2016. One of the most significant aspects of this law regarding foreign investment, is the preferential tax treatment for companies (foreign or national), operating in Free Trade Zones.
The key aspect to commercialise cannabis derived products
As commercializing is one of the key stages in every productive project, being well aware of Colombia’s government imperatives is crucial in order to achieve the projected economic returns, and cannabis projects are no exception. Hence, one of the fundamental steps to follow is obtaining the sanitary register for the cannabis derived products to be marketed.