Republic of Colombia is a sovereign state in South America. It is a unitary presidential constitutional republic. Local currency is the Colombian peso. Official language is Spanish, whereas 68 ethnic languages and dialects are recognised as well (including English). Colombia is a member of the United Nations, World Trade Organisation, and Organization of American states.
Originally considered to be an economically weak country, Colombia has managed to achieve one of the highest rates of (real) GDP growth in Latin America in the 2000s. Foreign companies and investors enjoy a lot of benefits of local business regulations. More than 200 major international companies came to Colombia in the last 5 years.
Colombia is not an offshore centre or a tax haven. OECD classifies Colombia as a “compliant” jurisdiction in tax information exchange.
Colombian legal system is classified in a separate Chilean law subcategory – legislation inspired by the Napoleonic Civil Law and the Spanish legal tradition.
Business activities in Colombia are regulated by the Civil Code, Commercial Code, and other laws.
Main types of businesses in Colombia
- Sociedad por Acciones – joint-stock company
- Sociedad por Acciones Simplificadas – “simplified” joint-stock company
- Sociedad por Responsabilidad Limitada – limited liability company
- Individual entrepreneurs
- Branches of foreign companies
What is a commercial register?
In our video we explain the definition and function of a commercial register and how you can verify the reliability and solvency of your foreign business partner.
Should you wish to check the sincerity of your foreign business partner’s request, Schmidt&Schmidt will gladly assist you.
We offer extracts from the commercial registers of more than 100 different registers in countries spread all around the globe. Additionally, we offer annual statements for a variety of companies. The original extract from any commercial register can be sent to you by mail or as a pdf-file via e-mail. Besides that, commercial register extracts can be authenticated with an apostille.
Registration of companies in Colombia is done by the regional chambers of commerce – a mediator between businesses and the government.
Databases of regional chambers of commerce are united into the Unified Register of Companies (Registro Unico Empresarial – RUES). RUES can be accessed online. RUES manages the commercial register of Colombia, the registers of non-profit organisations, trademarks, and tourism RUES consults individual entrepreneurs on business matters.
Contents of the commercial register of Colombia
Main extract available from the Colombian business registers is a company profile. It comes in the Spanish language and contains information about a company, relevant at the moment of the request.
- Full legal name
- Registration number
- Type of business
- Legal address
- Local registration authority
- Main activity
- Current status (active or inactive)
- Company’s representatives
- History of the company
- Various reports
NB: Amount of information depends on the type of business. Information about some companies may be unavailable, or available for a fee.
Search in the register is not free of charge. Search results are sent to you within 7-14 days after request submission.
To get a required document, we will need the following information about a company:
- Full legal name
- Registration number
An extract from the business register of Colombia can be used in order to:
- Obtain detailed information about potential business partners
- Negotiate foreign trade agreements
- File legal claims
Colombia acceded to the The Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents on 27 April 2000.
Therefore, the documents issued in Colombia are subject to a simplified apostilling procedure, thus the documents gain full legal value in Convention member states after notarised translation.
Apostilling usually takes about two weeks.
In addition, you can order notarised translation from Spanish.
We provide extracts from the register in strict compliance with the legislation of the Republic of Colombia and the General Data Protection Regulation.
Inquiries are processed within one working day. Courier delivery of apostilled documents is paid separately by courier service tariffs.
Our services can be paid by bank transfer, PayPal or by credit card.
You can order free preliminary availability check of required information on our website.
|Service||Price incl. German VAT 19%||Price excl. VAT|
|Price for an Electronic Extract||from 119,00 €||from 100,00 €|
|Price for an Extract with Apostille without international shipping||from 714,00 €||from 600,00 €|