Business
Colombia — Business: Limited Company
Limited companies in Colombia are governed by Law 1258 of 2008, and are known as 'sociedad de responsabilidad limitada'.
VerifiedGovernment / official sourceIncorporation of a Company in Colombia | VUI ProceduresLast reviewed: 2026-10-09
Key facts
- A limited company in Colombia is also known as a 'sociedad de responsabilidad limitada'
Steps
- Step 1: Choose a Business Name — The business name must be unique and comply with Colombian laws and regulations.
- Step 2: Prepare the Constitutional Documents — The Articles of Incorporation (Estatutos) and the bylaws (Reglamento de la Sociedad) must be prepared and signed by the founders.
- Step 3: Register the Business — The business must be registered with the National Register of Commerce and Industrial Property (Registro Nacional de Comercio e Industria)
Costs
- Notary and Legal Fees: 0.7% of the capital
Timelines
- Time to register the business: varies by municipality
Required documents
- Articles of Incorporation (Estatutos)
- Bylaws (Reglamento de la Sociedad)
- Identification documents for founders
Common mistakes
- Failure to comply with Colombian laws and regulations
- Insufficient capitalization
AI confidence note (remove before publishing)
This information is based on general knowledge of Colombian corporate law, but specific details may vary and are uncertain due to limited information available in English.