You may enter into a contract where the applicable law is that of your country. However, applicable law and applicable jurisdiction may be varied by colombian law, according to some limitations prescribed by our legal system. Therefore, doing business in Colombia and drafting contracts with colombian parties has to take into consideration the potential effects and interpretation of those agreements in a colombian court.
Our assistance includes negotiation of contractual terms, and counseling of the best way to enter into the business venture, from the tax and commercial point of view.
Once the type of agreement for doing business in Colombia is chosen, we help in implementing the agreement between the parties and, once this set up phase is completed, our firm takes care of the corporate and commercial law work associated to the operation of the business.
WE ARE READY
TO ASSIST YOU
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 protection of cannabis companies financial rights within Colombia’s legal system
Even when the government has fully regulated and legitimated the cannabis industry, unfortunately, financial institutions, and particularly banks, are still coming up with obstacles for cannabis companies to acquire financial services. However, cannabis companies should be well aware that these arbitrary exclusions are averse to the rights contained within Colombia’s legal system and, therefore, they can be taken down in a prevalence of national and international economic interests.
What are the rules to be observed while operating a crowdfunding platform in Colombia?
As crowdfunding activities were finally regulated by Colombia's goverment, these platforms are allowed to operate on clear grounds, making this a perfect time to invest in the industry or to start new crowdfunding initiatives.
Colombia’s cryptocurrency bill seeks to provide a ground of legal security for the industry
Considering that last year the cryptocurrency market was valued in USD 540 million, it is easy to see why this industry has multiplied its growth in Colombia at an alarming speed. Despite this, until now Colombian institutions have failed to provide legal security for cryptocurrency operators and acquirers.To emend this situation, Congress is discussing a cryptocurrency bill, which also addresses the use of blockchain technology.