How to start a business in Colombia
What to decide, what to file and who to ask — plus businesses for sale, franchises and advisers in Colombia.
- Choose the legal form. Sole trader for a fast, cheap start; a limited company when you hire, sign larger contracts or bring in partners.
- Register the business. File with the national registry, then open a business bank account and register for tax and VAT if it applies.
- Check licences. Food, transport, healthcare, construction and finance usually need a permit before you trade.
- Put the paperwork in place. Terms of business, a privacy notice, contracts for staff or contractors, and an accountant.
- Or buy instead of building. An existing business or a franchise gives you customers and cash flow from day one.
Guides for Colombia
All guides- Opening a company in Colombia: locals, foreigners, freelancers and digital nomads
S.A.S. with no minimum capital registered at the Chamber of Commerce in days, 35 percent corporate tax, 19 percent IVA with a 3,500 UVT small-trader line, SIMPLE regime, Visa V for digital nomads: the facts for starting out in Colombia as a local, a foreign founder, a branch or a freelancer.
Reviewed 10 Oct 2026
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Common questions
How do I register a company in Colombia?
Choose the legal form first, then register with the national business registry, open a business bank account and register for tax. The guides above set out the steps in detail.
What does it cost to start?
The registration fee, any minimum share capital for a limited company, and your accountant. Starting as a sole trader is usually cheapest.
Should I buy an existing business instead?
Buying gives you customers and cash flow on day one and a track record to value. Browse businesses for sale or check what one is worth.
General information, not legal advice. Confirm the details with a licensed professional in Colombia before you file anything.