starting business

jonas says on Jan 29, 2008, 14:56:

- register with the Camara de Comercio
- get an accountant prepare your initial account balance (you need somewhat over 50 mio. in capital)
- go to any Colombian Embassy to get your visa (good for 1 year, takes only a couple of days to be issued, cost $175)

fairly easy procedure. Good luck.

Mi alma se la dejo al diablo

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lampltr says on Jan 29, 2008, 15:30:

Great info as I am getting my feet wet also currently. Bank account set, multi-country banks communicating and docs exchg'd. Closer everyday....but this research as you posted Jonas was the last resort after dinero arrives but you saved me some research, gracias!

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spigrimace says on Jan 29, 2008, 16:09:

From what I´ve seen typically there´s an escritura and acta(s) all put into the process at a notary, b4 going to the camara commercio but that may depend on what type of company you´re setting up. Lawyer can help you there. Other problem is what type of corporation are you doing? Limitada? Unipersonal, etc? Limitada needs 2 partners and to be Representante Legal one needs a cedula and when I did mine, they wouldnt accept the "c.e. en tramite" contraseña.You have to register with DIAN (RUT) that will give you your company´s NIT and also with them if you are regimin Comun or regimin simplificado and apply at the DIAN for the numbers of the facturas, say 1 to 100,000 but depends on the business. YOu need to get a company stamp made too.

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