Look out cause here comes some free advice. Before COVID-19 hit, our team at HLG had been preparing for the launch of a podcast. As the impact of the pandemic began to reshape our everyday lives, we decided to use this new platform to promulgate insight from global leaders across the cannabis space. We did this to address the uncertainty we were all feeling. Over the past two months, we’ve had many inspiring conversations on The Hoban Minute, but I’d like to share one with you that touched my heart.
Despite the “COVID pause,” spring is here. While we enjoy sunny days and green grass in Colorado, farmers are hard at work around the country tilling the soil, watching the weather, and getting ready to put seeds in the ground. Last year, more than 500,000 acres of land were registered for hemp production in the U.S. While the actual amount of acres planted and harvested were closer to 150,000, this signified a huge leap from zero acres in 2013.
El Ministerio de Salud y Protección Social, a través de un borrador que se expedirá en el 2020, busca subrogar el Título 11 de la Parte 8 del libro 2 del Decreto 780 de 2016 y derogar el Decreto 613 de 2017. La industria del cannabis quedará sujeta a lo siguiente:
Esta aprobación del Invima permite abrir aún más el mercado medicinal del cannabis colombiano. Según un estudio realizado por Fedesarrollo, la producción colombiana de cannabis para el 2020 puede generar alrededor de $109 millones de dólares en exportación.
Resolution 315 of 2020, authorizes the entry of cannabis flower from which the resin has not been extracted, derivative products that contain 0.2% of THC from abroad to the country, to be transformed in the Colombian free zone.
La Resolución 315 de 2020 expedida por el Ministerio de Salud y Protección Social, establece los listados de las sustancias sometidas a fiscalización; dentro de ellas, se enfoca principalmente en la regulación del cannabis.
The decision session 63 of the UN Commission on Narcotic Drugs which is taking place this weekend in Vienna, has a direct incidence in the national regulation regarding Cannabis.
The Double Taxation Convention between Colombia, The United Kingdom and Northern Ireland, was declared constitutional by Ruling C-491 of 2019 of Colombian Constitutional Court; which legally and economically benefits parties who are residents of one or both Contracting States. Furthermore, the due process of exchange of letters regarding the Convention was fulfilled; which evidenced compliance in the approval’s intern process.
Until December 31 of 2020, the relationship between Colombia and the UK is going to be ruled by the free trade agreement that Colombia has subscribed with the EU.
Very important decisions have been taken in the last few weeks, related to the Colombian cannabis market. This is because the president has chosen the ministers that have more relevancy for the cannabis productive activity
¿What to expect in 2020?
The Ministry of Finance and Public Credit issued a decree regulating crowdfunding in Colombia
The Information System for Reporting Foreigners (SIRE, after its Spanish acronym), implemented by Migración Colombia, seeks to facilitate the fulfillment of migratory obligations, allowing its users to report foreigners with whom they maintain a link.
El Decreto 1123 de 2018 del 29 de junio lo reglamenta.
El Gobierno de Colombia sanciona ley que crea nuevo modelo empresarial denominado Sociedades de Beneficio e interés Colectivo “BIC”
Se reglamenta la Situación de Control en sociedades por acciones simplificadas que tienen accionista único persona natural en Colombia
La Superintendencia de Sociedades desplegó nueva estrategia de lucha contra la corrupción y el soborno internacional.
Anualmente las compañías en Colombia deben realizar algunas actividades para dar cumplimiento a sus deberes legales. Les recordamos a continuación cuales son las obligaciones más prontas por vencer para que de esta manera tome acción oportuna y evite incurrir en sanciones o multas.
In Colombia, Banco de la República published Bulletins 39 and 41 in November 2017, making modifications to DCIN Circular 83, allowing credits between Colombian residents and non-residents, to be established in legal or foreign currency for exchange purposes.
On February 20, 2018, the Ministry of Finance and Public Credit of Colombia issued Decree number 349, “that amends Decrees 2685 of 1999 and 390 of 2016 and issues other provisions”.
Creation of a business group between foreign companies and Colombian companies
Agreement for an increase on International tax transparency between the USA and Colombia
Resolution that establishes the form for the Income Tax Return due to Change of Ownership of Foreign Investment in Colombia
The Colombian Government issued Resolution 6045 on August 2, 2017, which reduces the categories and subcategories of visas for foreigners in Colombia, going from 21 different types of visas to having only 3. Direct Foreign Investment is included in the new established categories.
El pasado 26 de julio de 2017, el estado colombiano expidió la ley 1857, que modifica la ley 1361 de 2009, adicionando y/o complementando las medidas para la protección de la familia.
Zonas Francas: Resolución que establece el formulario de presentación de informes trimestrales
El pasado 7 de noviembre de 2017, el Ministerio de Comercio Industria y Turismo publicó, para comentarios, el proyecto de decreto por medio del cual propone modificar el nuevo régimen de zona franca contenido en el Decreto 2147 de 2016.
Proyecto normativo que reglamenta la actividad de administración de plataformas electrónicas de financiación colaborativa, también conocida como “Crowdfunding”
Hasta el 31 de diciembre de 2017, es posible acogerse a la Amnistía Tributaria que permite declarar activos poseídos en exterior pagando una sanción por extemporaneidad.
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