Colombia_America_Shanghai CHYIELD Enterprise Consulting Co., Ltd.

GLOBAL REGISTRATION

Colombia

Advantages of Registering a Company in Colombia

1. Prime Geographical Location: Located in the heart of South America, it facilitates foreign companies' expansion across Latin American markets.

2. Foreign Investment-Friendly Environment: It offers incentives such as tax breaks, investment subsidies and streamlined company registration procedures.

3. Diversified Economy: Its diversified economic structure creates abundant opportunities for foreign investors across various industries.

4. Abundant Human Resources: Colombia has a large pool of available labor.

5. Free Trade Agreements: It has signed free trade agreements with numerous countries and regions, granting preferential export terms and broad market access.

6. Mature Business Infrastructure: Well-developed infrastructure covers transportation, communications and logistics sectors.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial

Name

Details

Company Name

It is recommended to set up a Simplified Stock Company with the suffix SAS.

Registered Address

One valid local registered address in Colombia is required.

Shareholders

A minimum of one shareholder is required, which can be a corporate entity or a natural person.

Directors

At least one director is required, with no local residency requirement.

Manager

One local manager or foreign national with permanent residency status is mandatory.

Registered Capital

A starting capital of USD 1,000 is recommended.

Serial

Name

Details

Limited Liability Company （S.R.L.）

It is established by two or more shareholders, and each shareholder’s liability is limited to the amount of their capital contribution.

Joint Stock Company （S.A.C.）

It is funded by at least two shareholders, and each shareholder’s liability is limited to the value of their shareholdings.

Public Limited Company （S.A.）

It may be incorporated by up to five shareholders (natural persons or legal entities), with six directors to be appointed. Directors can be of any nationality and are not required to reside in Colombia.

Serial

Name

Details

Company Name

Two to three alternative names shall be prepared for name verification.

Shareholder Information

Scanned copies of shareholders' ID cards or passports are required. For foreign corporate shareholders, documents such as certificate of incorporation and business registration certificate shall be provided with notarization and legalization.

Proof of Address

Proof of address documents such as utility bills and bank statements are required.

Notarization and Legalization

All documents (such as shareholders' identity certificates and powers of attorney) need to undergo notarization and legalization procedures.

Business Scope

The specific business scope of the company shall be clearly defined.

REGISTRATION PROCESS

1

Name Verification, Confirmation of Basic Information & Preparation of Incorporation Documents

Selection of Company Type
2

Notarized and legalized documents of the parent company

Select company name and complete name verification
3

Official Spanish local translation

Select Registered Address
4

The local notary public shall review and notarize the documents.

Formulate the Company Articles of Association
5

Register the company with the Chamber of Commerce

Prepare and submit registration documents
6

Tax Registration

Pay Registration Fees