Tax residency in Colombia: the 183-day rule explained
Whether you are taxed as a resident or non-resident depends largely on how many days you spend in Colombia.
Read articleForeign investors and families often need to use documents issued abroad before Colombian notaries, registries, courts or government agencies. Two formalities come up almost every time: the apostille and the official translation.
An apostille is a certificate that confirms the authenticity of the signature and capacity of the official who issued a public document. Colombia is a party to the Hague Apostille Convention, so a public document from another member country generally needs only an apostille, not a consular legalization. For documents from countries outside the convention, legalization through a Colombian consulate may be required.
A document in another language generally must be translated into Spanish by an official translator for it to be accepted in Colombia. The apostille is normally translated as well. Plan for this step, since it adds time.
A well-drafted power of attorney lets us close a real estate purchase, incorporate a company or sign a contract on your behalf without you traveling. It should clearly describe the powers granted and meet the formal requirements for use in Colombia.
Colombian public documents intended for use abroad are generally apostilled by the Ministry of Foreign Affairs.
Requirements change by authority and by document, so we recommend confirming them before you start. This article is general information and not legal advice for a specific case.
Every situation is different. Book a consultation (COP 250,000) and get guidance specific to your case.
Whether you are taxed as a resident or non-resident depends largely on how many days you spend in Colombia.
Read articleHow the simplified stock company (SAS) differs from a branch, and the steps to set up in Colombia as a foreign investor.
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