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 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.
The New Draft of Regulatory Decree for Medicinal Cannabis - Part 2: Proposed Regulations on International Trade
The first article of our weekly series explained and analyzed the changes in the general requirements for application to every cannabis license issued in Colombia. In our second delivery we will analyze the differences between the current regulations and the Draft Decree regarding international trade operations (import and export) of cannabis.
Cannabis in Colombia and the banking industry
It is well known that Colombia is one of the most desired and “in vogue” destinations for the development of cannabis cultivation and extraction projects. It is also well known, unfortunately, that the banking sector has, for the most part, rejected opening any financial product for the common cannabis company.