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What operations can be done from the colombian free trade zone in the cannabis industry?
On July 23rd of this year, the Colombian Government issued the Decree 811, regarding the safe and informed access to the use of cannabis and the cannabis plant. From the Decree, there are multiple modifications on the regulation of medical cannabis, especially...
7-year income tax exemption for creative industries expires
By: Maria Camila Herrera - Associate Lawyer The tax incentive established in Article 91 of Law 2010 of 2019, aimed at companies whose corporate purpose is linked to the development of cultural, creative or technological activities was born in 2019. In this, the...
Legal aspects for software development companies in Colombia
By: Claudia Marcela Cuellar - Associate Lawyer With technological development, it is becoming more and more common the existence of companies dedicated exclusively to develop, license and sell software, which will be used for different types of industries and...
Sandbox for the exchange of cryptoassets and its taxation in Colombia
Author – Maria Camila Herrera – Associate Lawyer The Data Sandbox platform is a space created by the Financial Superintendency of Colombia (SuperFinanciera), which allows to develop product innovation processes, business models and new technologies, in an environment...
Regulation of cryptocurrencies in Colombia
Author - Natalia Contreras - Associate Lawyer With the latent growth of cryptocurrencies or cryptoassets, it has become an essential task for governments to develop and implement norms that regulate this type of currencies, which allow the safe trade of these assets...
Cannabis industry and banks in Colombia
It is well known that Colombia is one of the most desired and “in vogue” destinations for the development of cannabis cultivation and extraction projects. It is also well known, unfortunately, that the banking sector has, for the most part, rejected opening any...
Colombia: the business destination for foreign investors during and after covid-19
Although the Covid-19 crisis will greatly affect the different economies of the world, Colombia is expected to be one of the least hit by the current crisis. Despite the fact that the World Bank indicated that there is a negative forecast of -2.4% for the country for...
Practical guide for managerial decision-making in Colombia in the face of covid-19
As a result of the State of Economic Emergency decreed by the government, employers are facing labor problems, with suppliers, leasing and financing, which has not facilitated the work of reopening and continuity in the provision of services.
Administrators’ responsibility for decisions made during the pandemic
Due to the Covid-19 pandemic and the adverse effects that the government's emergency decree has caused on companies, administrators have been involved in making decisions that do not necessarily protect the interest of society; Rather, they revolve around protecting...