What are the documents required to establish a company in Colombia?

To establish a company in Colombia, you must complete the following documents:

1. Company Status (Estados Financieros): These are documents showing the financial status of the company. These documents include the company's accounts, income statement and balance sheet.

2. Company Establishment Agreement (Escritura de Constitución): It is the main contract of the company and must be approved by a notary at the establishment stage. The contract should include the company's name, purpose, capital, board members, and other important information.

3. Tax Identification Number (Número de Identificación Tributaria - NIT): You must obtain a tax identification number for the company to be registered with the tax system. This number allows the company to be officially recognized and file tax returns.

4. Trade Registry (Registro Mercantil): In order for the company to carry out its commercial activities, it must be registered in the trade registry. The trade registry record contains the company's name, address, field of activity and other important information.

5. Business License (Licencia Comercial): Companies operating in some sectors are required to have special permits. For example, businesses such as restaurants or bars are required to obtain a business license.

6. Social Security Documents of Employees: Company employees must be registered in the social security system. This ensures that employees have social security benefits such as health insurance and retirement.

7. Other Documents: Depending on the sector in which the company will operate, special permits, certificates or other documents may be required. For example, a food safety certificate may be required for a company operating in the food industry. Completing this paperwork and obtaining the necessary permits are the main steps in establishing a company in Colombia. However, each company's needs may be different, so it is important to work with an attorney or advisor to complete the correct paperwork.



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