Colombia Articles & Analysis

Displaying 13 - 18 of 524

 

The Central Bank of Colombia is the authority on matters of monetary policy and currency exchange. Under the constitution and foreign investment regulations, foreign investment in Colombia shall receive the same treatment as an investment made by Colombian nationals. The conditions for repatriation of foreign investment and remittance of...

 

The new tax reform is aimed at generating structural changes to the Colombian tax regime, with the purpose of redistributing the tax burden between legal entities and individuals, supplying better audit tools to the tax office, and avoid, in as much as possible, the creation of new taxes and/or the increase in the rates of the currently...

 

Colombia has a modern institutional framework to foster and maintain economic stability, including separation of government groups and functions. The aims of the government are to keep unemployment and inflation down, modernise the country’s infrastructure, develop its agriculture sector, and further stimulate the tourism and real estate...

 

How does the Statutory Health Law impact investment in the sector?

 

For too many years tax reforms in Colombia have been aimed at solving fiscal collection shortages by creating new temporary taxes that, by way of being re-enacted time after time, became permanent, or by increasing the rates of existing taxes. This short-sighted approach has resulted in a disjointed tax system that imposed an excessive burden...

 

On February 17, 2017, two years after being signed into law, the Statutory Health Law (Ley Estatutaria de Salud, LES) entered into force. The most significant change to Colombian health care in nearly 25 years, the LES makes health care a fundamental right of citizens, and this legal change has wide ramifications for the provision of services...