August 25th/2023. As announced by the Colombian Central Bank, as of October 4, 2023, the Exchange Statistical System ("SEC", as per its acronym in Spanish) will cease to operate and will be replaced by the Exchange Information System ("SIC", as per its acronym in...
August 4th/2023. On July 31, 2023, the Government issued Presidential Decree 1277 of 2023 (the "Decree 1277”), which adopts environmental and sustainable development measures bearing the declaration of the State of Economic, Social and Ecological Emergency in La...
August 4th/2023. In development of Decree 1085 of July 2, 2023, by which the State of Economic, Social and Ecological Emergency was declared in La Guajira, the Government issued Presidential Decree 1276 of July 31, 2023 by which measures are adopted to expand access...
August 2nd/2023. The Colombian ICT Ministry published a few moments ago the first draft resolution with the requirements, conditions and procedure to participate in the objective selection process through the auction mechanism, to grant permits for the use of the...
July 14th/2023. Through Decree 326 of 2023, the President of the Republic delegated to the Superintendence of Companies the functions of inspection, surveillance and control of the foreign non-profit entities with a permanent business in Colombia. Pursuant to such...
July 14th/2023. The Colombian Ministry of Finance and Public Credit published for comments a draft Decree regulating the taxation of significant economic presence (per its Spanish acronym, “PES”) in Colombia, and in particular, regarding the application of Colombian...
March 16th/2023. The President of the Republic of Colombia has clarified the existing legal doubts regarding inspection, surveillance and control of foreign non-profit entities with a permanent business in Colombia. By means of Decree 0326 of March 8, 2023, the...
March 6th/2023. The draft National Development Plan 2022-2026 presented by the Colombian National Government proposes in its article 113 to modify the current powers of the Communications Regulation Commission (CRC) to broaden its scope to companies and services that...
Through External Circular No. 076 of 2022, published on September 6, 2022, the Mining and Energy Planning Bureau (“UPME” as per its acronym in Spanish) published the final version of the investor selection documents of the public call UPME GN 001 – 2022 through which will be carrying out the selection of an investor for the provision of LNG storage, re-gasification, natural gas transportation and associated services of the Pacific Gas Infrastructure (the “Public Bid”).
Bogotá D.C., February 13th / 2023. The Significant Economic Presence (“SEP”) is a new tax-attraction rule under which non-resident individuals and foreign legal entities will be deemed income taxpayers over their Colombian source income derived from trading or...
Through External Circular No. 076 of 2022, published on September 6, 2022, the Mining and Energy Planning Bureau (“UPME” as per its acronym in Spanish) published the final version of the investor selection documents of the public call UPME GN 001 – 2022 through which will be carrying out the selection of an investor for the provision of LNG storage, re-gasification, natural gas transportation and associated services of the Pacific Gas Infrastructure (the “Public Bid”).
On December 24TH, 2021, the Ministry of Commerce, Industry and Tourism issued Decree 1836 of 2021 which amends Decree 1074 of 2015 regarding the National Tourism Registry (“RNT”).
