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Through the enactment of Law 1739 of December 23rd, 2014, the Colombian Tax Code was modified and certain mechanisms were created in order to avoid tax evasion. Below are the most relevant issues of the new Tax Reform: WEALTH TAX Taxpayers: Individuals and companies that are...

There are several ways by which a legal entity may be structured under Colombian law, depending upon the circumstances and needs of the foreign investor. In this sense, and even though the following are not the only ways by which a legal entity can be structured in Colombia, they...

Just north of the upscale Hacienda Santa Barbara shopping mall in Bogotá’s Usaquen area, a new Hampton Inn is under construction, at the corner of Ave. 7 and Calle 119. The new Hampton Inn, a Hilton Worldwide brand, is geared to serve Bogotá’s cosmopolitan north side,...

InterContinental Hotels Group (IHG)announced the opening of the Holiday Inn Express Hotel & Suites Bogotá Zona Financiera. The new-build, 99-room hotel is a LEED Gold certified property and is located in Bogotá’s financial district at Carrera 7 N. 67-39. The hotel is part of...