![\"Colombia](\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2024\/01\/photo-colombia-company-incorporation-services-400x300-1.jpg\" "\\"Colombia")
Colombia is a developing economy that boasts a growing skilled and unskilled labor market along with good geographical location that makes it a business hub in South America. Many foreign investors and multinationals incorporate in Colombia as the government incentivizes them with flexible regulations and fewer legal hurdles. Let\u2019s take a look at the type of company you can incorporate and how 3E Accounting helps you with Colombia company incorporation services.<\/p>\n
<\/p>\n
The most commonly incorporated business structures in Colombia are simplified public limited company (SAS), limited liability company (Ltda.) and public limited company (SA).<\/p>\n
SAS<\/strong> \u2013 This structure is preferred by entrepreneurs who want 100% foreign ownership. One director and one shareholder (individual or entity) of any nationality who may or may not reside in the country are enough to establish the company. A share capital of USD 1 million is required for incorporation.<\/p>\n Ltda<\/strong>. \u2013 A limited liability company is established with 2 shareholders (individuals or legal entities) along with two directors of any nationality who may or may not reside in Colombia. A permanent resident of Colombia will have to be appointed as legal representative of the company.<\/p>\n SA<\/strong> \u2013 A public limited company can be set up with 5 shareholders (individuals or legal entities) who will appoint 6 directors of any nationality who may or may not reside in Colombia. A permanent resident of Colombia must be appointed as the legal representative and 33% of the capital must be paid at the time of incorporation.<\/p>\n Branch Office<\/strong> \u2013 To open a branch office, one permanent resident of Colombia must be appointed as legal representative, regardless of nationality. A statutory auditor must also be appointed. This structure is not favorable because of 33% corporate tax.<\/p>\n Representative Office<\/strong> \u2013 This structure is not considered as a legal entity in the country\u2019s jurisdiction and only has the power to carry promotional and marketing activities of its parent company within the country.<\/p>\n <\/p>\n Despite that there are fewer hurdles to incorporation in Colombia, the process can be time consuming and bureaucratic challenges should also be considered.<\/p>\n <\/p>\n All the paperwork, processes, and legal requirements of incorporation in Colombia can be draining and stressful. At 3E Accounting, we help SMEs, multinationals, and investors with Colombia company incorporation services that enable you to leverage on foreign ownership and associated incentives. Our highly qualified team works together with you to deliver a stress free experience with offshore company formation.<\/p>\n <\/p>\n 3E Accounting understands that different business and investors have different requirements for offshore company setup. This is why we provide a flexible, customized approach that helps you leverage on the best corporate structure for your needs which grows your investment.<\/p>\n","protected":false},"excerpt":{"rendered":" Understand the Jurisdictions Setup Requirement Before Proceed Your Colombia Company Incorporation Services Colombia is a developing economy that boasts a growing skilled and unskilled labor market along with good geographical location that makes it a business hub in South America. Many foreign investors and multinationals incorporate in Colombia as the government incentivizes them with flexible…<\/p>\n","protected":false},"author":22,"featured_media":71774,"parent":9224,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[],"class_list":["post-11936","page","type-page","status-publish","has-post-thumbnail","description-off"],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages\/11936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/comments?post=11936"}],"version-history":[{"count":1,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages\/11936\/revisions"}],"predecessor-version":[{"id":94395,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages\/11936\/revisions\/94395"}],"up":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages\/9224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media\/71774"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media?parent=11936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/categories?post=11936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Procedure<\/h3>\n
\n
How 3E Accounting Helps<\/h3>\n
![\"Colombia](\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2021\/04\/photo-colombia-company-incorporation-services-820x250-1.jpg\" "\\"Colombia")
<\/p>\nGet Started Today<\/h3>\n