Company Formation
What are the steps to start a business in Colombia


Once the Obtaining the PRE-RUT in the chamber of commerce, the next step is to open a bank account which you can open in any bank, with the certification issued by the bank next you must go to the DIAN, it will proceed to register the RUT as final, which must be taken to the chamber of commerce so that the certificate of existence and legal representation does not appear as provisional.
A procedure that is sometimes forgotten, especially by entrepreneurs, is the registration of the books in the chamber of commerce (Book of Minutes, Book of Shareholders), this omission can lead to fines, but also loss of the benefits contemplated by law since they have the probative nature of the activities carried out by the company.
Finally, one of the requirements that allow the company to hire employees is to affiliate them to the Social Security system, including public health coverage, pension system, family compensation fund and a labor risks administrator.
The accompaniment of a public accountant or a lawyer throughout the process will help you to adequately understand the future impact of each of the decisions, as well as the certificates and Financial Statements that will be requested throughout the process of setting up your company, contact us.