Doing business in Colombia 2010

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doing business in Colombia 2010

1 introduction

Colombia has become a

attractive country for investors

since during the last

five years, the Colombian economy

grew by 4% per year in 2009

gdp of Colombia registered a

increase of 0.4 %.

the second country in the region with

hand more skilled labor,

has a strategic , location

geographic , allowing you to reach

to markets in the U.S.,

europe , asia , latin america

and the Caribbean , it is the third

largest country in Latin America business .

1.1 Schema country

geography

Colombia is located in north

of South America and is bordered by the

northwest by Panama, on the east by

Venezuela and Brazil , to the southwest with

Peru and Ecuador . the continental area

is 1141748 km.

Two . infrastructure and economy sectors

2.1 General description of the Infrastructure

starting in 1991 constitution

of Colombia has been an improvement

infrastructure due

the fact that the private sector can

participate in such projects

THROUGH concessions FEATURE

of services, ocntratos of association

with state enterprises, etc. .

2.1.1 utilities

utilities represent a cost

operational in all businesses .

rates applicable in Colombia :

- water

- I sewage system

Natural - gas

electric - energy

- phone

2.1.2 transport

characteristics of port infrastructure

residential

- business

-industrial

Colombia has six ports

maritime in the Caribbean Sea and two

in the Pacific Ocean, more than 80% of

Colombian foreign trade

transported by sea.

- Characteristics of air transport infrastructure

Colombia ranks second

among Latin American countries,

gold located in Bogota airport

international, ranking first

place cargo mobilization

in South America and the third

in passenger transport.

- Road network

the road network is very important,

considering that 66%

cargo is transported in Colombia

road.

today, the roads

generally constructed by

entirely by the government sector

through private concession.

Technological preparation 2.1.3

in accordance with the report

global competitiveness, 2009

2010, Colombia a better record

competitive position, improving

14 positions in the ranking.

nuestrompais have access to "cable

Trans-"arcs, Maya and Pan

submarine cables,

as well as other systems

cable.

2.2 opotunidad special investment

2.2.1 oil and gas sector

Colombia has an important

energetic potential. ecopetrol

estimated that the Colombian

potential reserves are equivalent

47 billion

barrels of oil.

the field of oil and gas

represents a great opportunity

investment, especially since

over 80% of the surface of

country remains unexplored.

2.2.2 energy sector

Colombian energy sector represents

a great opportunity to

invest in two aspects:

- Current installed capacity

electricity is about

13,300 legal minimum of which

65% is hydroelectric.

by as much as electricity is

a public service that can be borrowed

by pprivado sector under the

auspices of the authorities, the government

Colombia currently seeking,

investments through auction

to ensure the provision of

energy from 2012.

- Renewable energy sources

is becoming something important

because according to the law 693

2001, all cities in Colombia

with a population of 500,000

must use a mixture of gasoline.

between fuels and ethanol.

2.2.3 cocking coal reserves

Colombia is the country with the largest reserves

Carbon in Latin America, with

potential resources of 16,992,000

tonnes, of which

7,063 mt reserves are measured 4,571

pointed mt, 4,237 mt and 1,119 lower

mt of hypothetical reserves.

tourism currently accounts

2.2% of total GDP in Colombia

(usp 2.700 million), contributes

11.2% of total investment

capital of USD 1,800

million, and generates 380,000 direct

jobs, equivalent

2.2% of total employment

in the country.

3 business settings Colombia

3.1 Types of business presence

3.1.1 formalities

due to recent changes in

trade regulation, how

that a company may be

incorporated in Colombia depends

the amount of active

and employees at the time

of the constitution.

companies are incorporated through

of:

- The signature of a private document

and you must be registered

in the chamber of commerce.

- Registration of ordinances

a deed published in any

local notary office.

3.1.2 fees for registration of trade

under the 1429 Act

2010, promulgated on 29

December 2010, the companies

formed after this date

will have to pay fees

for recording progressive

trade and its renewal.

- First year 0% off

- Second year 50% off

- Third year 75% discount

- Fourth year 100% discount

...