Countries › Colombia › Guide › 14. Disputes › Disputes in Colombia: courts, conciliation, commercial arbitration, enforcing foreign judgments and awards, and ICSID
Disputes in Colombia: courts, conciliation, commercial arbitration, enforcing foreign judgments and awards, and ICSID
Last verified: 2026-10-26 · Status: Stable
Commercial disputes in Colombia go to the civil courts, which must decide a first instance case within one year of serving the defendant, or to arbitration, which most foreign investors prefer and which Ley 1563 de 2012 regulates on UNCITRAL Model Law lines for international cases. Before suing in most civil matters you must first try out of court conciliation, which pauses limitation periods for up to three months; a signed conciliation record is enforceable like a judgment. Foreign arbitral awards are recognised by the Supreme Court under the New York Convention on narrow grounds, foreign court judgments need exequatur and reciprocity, and ICSID awards against Colombia are binding as final judgments since the Convention entered into force for Colombia on 14 August 1997.
USD figures use the TRM (tasa representativa del mercado) of COP 3,158.43 per US dollar, valid 24 to 26 October 2026, from the official TRM series published by the Superintendencia Financiera on the national open data portal. Peso figures in UVB use the 2026 UVB of COP 12,110 (Res. MinHacienda 3488 de 2025); figures in minimum wages use the 2026 monthly minimum wage of COP 1,750,905 (Decreto 1469 de 2025). Conversions are for orientation only.
Key facts
| Party to the 1958 New York Convention on foreign arbitral awards | yes yes or noLey 37 de 1979; Ley 39 de 1990, as of 2026-10-26 · in force |
|---|---|
| Date the New York Convention entered into force for Colombia | 1979-12-24 dateLey 37 de 1979; Ley 39 de 1990, as of 2026-10-26 · in force |
| Reciprocity or commercial reservations under the New York Convention | none listed textUNCITRAL status table, as of 2026-10-26 · in force |
| Contracting state of the ICSID Convention | yes yes or noLey 267 de 1996, as of 2026-10-26 · in force |
| Date the ICSID Convention entered into force for Colombia | 1997-08-14 dateLey 267 de 1996, as of 2026-10-26 · in force |
| Arbitration statute (domestic and international, Model Law based international section) | Ley 1563 de 2012 textLey 1563 de 2012, as of 2026-10-26 · in force |
| Default duration of a domestic arbitration from the first procedural hearing, extendable by up to 6 more months | 6 monthsLey 1563 de 2012 art. 10, as of 2026-10-26 · in force |
| Deadline to file annulment of a domestic award | 30 daysLey 1563 de 2012 art. 40, as of 2026-10-26 · in force |
| Deadline to file annulment of an international award seated in Colombia | 1 monthsLey 1563 de 2012 art. 109, as of 2026-10-26 · in force |
| Parties with no domicile or residence in Colombia may waive annulment of an international award | yes yes or noLey 1563 de 2012 art. 107, as of 2026-10-26 · in force |
| Court that recognises foreign arbitral awards (private parties) | Corte Suprema de Justicia, Sala de Casación Civil textLey 1563 de 2012 art. 68, as of 2026-10-26 · in force |
| Time for the court to decide recognition after the 10 day response period | 20 daysLey 1563 de 2012 art. 115, as of 2026-10-26 · in force |
| Foreign judgments enforced by treaty or, absent a treaty, legislative reciprocity, after exequatur | yes yes or noLey 1564 de 2012 art. 605 to 607, as of 2026-10-26 · in force |
| Maximum time for a first instance civil judgment from service on the defendant | 12 monthsLey 1564 de 2012 art. 121, as of 2026-10-26 · in force |
| Maximum time to decide a civil appeal from receipt of the file | 6 monthsLey 1564 de 2012 art. 121, as of 2026-10-26 · in force |
| Civil claims above this value are higher value (mayor cuantía) cases in 2026 (150 minimum wages) | 262635750 COPLey 1564 de 2012 art. 25; Decreto 1469 de 2025, as of 2026-10-26 · in force |
| Out of court conciliation required before most civil declaratory claims | yes yes or noLey 2220 de 2022 art. 67 and 68, as of 2026-10-26 · in force |
| Maximum conciliation fee at non profit centres and notaries in 2026 (3,236.07 UVB) | 39188808 COPDecreto 1069 de 2015 art. 2.2.4.2.6.1.1 (Decreto 42 de 2026), as of 2026-10-26 · in force |
| Maximum fee per arbitrator for claims above 190,281.71 UVB | 1.5 %Decreto 1069 de 2015 art. 2.2.4.2.6.2.1 (Decreto 42 de 2026), as of 2026-10-26 · in force |
| Deadline to sue for annulment of an administrative act with restoration of rights | 4 monthsLey 1437 de 2011 art. 164, as of 2026-10-26 · in force |
The rule
Cost to do it: Higher value threshold in 2026: 400 minimum wages = COP 700,362,000 (about US$221,744).
Example: A COP 2,000,000,000 supply claim exceeds the COP 700,362,000 threshold and is a higher value arbitration. / About US$633,226 of claims against a threshold of about US$221,744.Ley 1563 de 2012 (Estatuto de Arbitraje Nacional e Internacional), art. 1, 2, 3 and 4, 2012-07-12 official text · verified 2026-10-26
Cost to do it: 2026 thresholds: 40 minimum wages = COP 70,036,200 (about US$22,174); 150 minimum wages = COP 262,635,750 (about US$83,154).Ley 1564 de 2012 (Código General del Proceso), art. 25, 121, 422 and 599, 2012-07-12 official text · verified 2026-10-26
Cost to do it: Initial filing payment for a higher value arbitration: 215.76 UVB = COP 2,612,854 (about US$827). Maximum conciliation fee: 3,236.07 UVB = COP 39,188,808 (about US$12,408). Per arbitrator ceiling for an indeterminate value claim: 53,934.71 UVB = COP 653,149,338 (about US$206,796).
Example: COP 2,000,000,000 claim (165,153 UVB, in the 1.75 percent band): up to COP 35,000,000 per arbitrator, COP 105,000,000 for three, COP 17,500,000 for the secretary and COP 17,500,000 for the centre, a maximum of COP 140,000,000 before party costs. / About US$633,226 claim: up to about US$11,081 per arbitrator and about US$44,326 in total maximum tribunal and centre fees.Decreto 1069 de 2015, as amended by Decreto 42 de 2026 (21 January 2026, Diario Oficial 53.375 of 22 January 2026); Ley 1563 de 2012 art. 26, Decreto 1069 art. 2.2.4.2.6.1.1, 2.2.4.2.6.2.1, 2.2.4.2.6.2.2 and 2.2.4.2.6.2.3, 2026-01-21 official text · verified 2026-10-26 · changed: Decreto 42 de 2026, in force on publication on 22 January 2026, rewrote the conciliation and arbitration fee schedule of Decreto 1069 de 2015, converting caps formerly set in minimum wages into UVB under Ley 2294 de 2023 art. 313.
| Dispute | Forum | Key deadline or term | Challenge |
|---|---|---|---|
| Commercial contract, no arbitration clause | Civil judge by value; prior conciliation in most declaratory cases | Judgment within 1 year of service; appeal within 6 months | Appeal; cassation to the Supreme Court where available |
| Domestic arbitration | Tribunal at an arbitration centre (default) or ad hoc | Award within 6 months of first procedural hearing, extendable 6 months | Annulment within 30 days, district superior court |
| International arbitration seated in Colombia | Tribunal under Ley 1563 international section | As agreed by the parties or rules | Annulment within 1 month, Supreme Court; waivable if no party is Colombian domiciled or resident |
| Foreign seated award | Recognition by the Supreme Court (Consejo de Estado if a Colombian public entity is a party) | 10 day response; decision within 20 days | None: single instance |
| Foreign court judgment | Exequatur by the Supreme Court | 5 day response, then hearing | Requires treaty or reciprocity |
| Investment treaty claim against Colombia | ICSID or other forum under the applicable treaty | Per treaty | ICSID annulment only, within the ICSID system |
| Challenge to an administrative act | Administrative courts | 4 months from notice or publication | Appeal within the administrative jurisdiction |
| Shareholder dispute | Superintendencia de Sociedades acting as judge, civil courts or arbitration if agreed | Per procedure | Per procedure |
Where each kind of dispute goes and the key deadline (Ley 1563 de 2012, Ley 1564 de 2012, Ley 1437 de 2011)
| Item | Rule | 2026 COP | USD |
|---|---|---|---|
| Filing payment to centre, lower value arbitration | 107.86 UVB | 1,306,185 | 414 |
| Filing payment to centre, higher or indeterminate value arbitration | 215.76 UVB | 2,612,854 | 827 |
| Arbitrator fee, claim under 1,078.71 UVB | 35.95 UVB | 435,355 | 138 |
| Arbitrator fee, claim above 190,281.71 UVB (COP 2,304,311,508) | 1.5% of the claim | ||
| Arbitrator fee ceiling, indeterminate value | 53,934.71 UVB | 653,149,338 | 206,796 |
| Conciliation fee, claim under 862.94 UVB | 32.37 UVB | 392,001 | 124 |
| Conciliation fee ceiling | 3,236.07 UVB | 39,188,808 | 12,408 |
Maximum arbitration and conciliation fees in 2026 (Decreto 1069 de 2015 as amended by Decreto 42 de 2026; UVB COP 12,110; USD at TRM COP 3,158.43)
Worked example
- A US equipment supplier with a COP 2,000,000,000 (about US$633,226) unpaid invoice claim against a Colombian buyer under a contract with a Bogotá seated arbitration clause and three arbitrators: the claim is 165,153 UVB, in the 1.75 percent band, so each arbitrator may be paid up to COP 35,000,000 (about US$11,081), the secretary COP 17,500,000 and the centre COP 17,500,000, a ceiling of COP 140,000,000 (about US$44,326) before lawyers and costs. The claimant pays the centre COP 2,612,854 (about US$827) on filing, and each side deposits its half of the fees within ten days of the fee order.
- The same claim without an arbitration clause goes to a civil judge as a higher value case (above 150 minimum wages, COP 262,635,750). The supplier first files for conciliation, at a fee of at most COP 39,188,808 (about US$12,408) at a non profit centre or notary, which pauses limitation for up to three months; if the buyer signed an invoice or acknowledgement that meets the executive title test, the supplier can instead sue in executive proceedings and ask to attach assets from filing.
- A party wins a London seated award against a Colombian company. It applies to the Civil Cassation Chamber of the Supreme Court with the award (and a Spanish translation if requested); the company has ten days to respond on the limited New York Convention style grounds; the court decides within 20 days with no appeal; then the award is enforced by the competent judge against the company's assets in Colombia.
Step by step
- At contract stage, choose the forum deliberately: name the seat, the institution and its rules, the number of arbitrators, the language and the governing law; with a Colombian counterparty, check whether either party is domiciled in Colombia, because only parties with no Colombian domicile or residence may waive annulment of an international award.
- If a public entity or state contract is involved, expect the award to be decided at law, institutional rules, and annulment and recognition before the Consejo de Estado rather than the Supreme Court.
- When a dispute arises, diarise limitation and expiry periods first (four months for annulment of administrative acts, two years for state contract and direct liability claims) and decide whether to seek interim measures, which a court may grant even with an arbitration clause and without prior conciliation.
- For court claims, file for conciliation where required and keep the record or certificate; the hearing must be held within three months, after which the claim can be filed with the request alone.
- In arbitration, budget for the filing payment, the fee deposits within ten days of the fee order, and a six month procedure from the first procedural hearing (plus up to six months of extensions) for domestic cases.
- To enforce abroad or in Colombia, collect the original or certified award or a legalised final judgment, arrange official Spanish translations, and identify the debtor's Colombian assets before filing for recognition or exequatur.
Common traps
- Pathological clauses: an arbitration clause that names no institution and does not say ad hoc defaults to institutional arbitration; one that does not say whether the award is at law or in equity defaults to law, and an equity award where law was required is a ground for annulment.
- Missing the domestic deadline: a domestic award issued after the six month term (plus agreed extensions) can be annulled, so tribunals and parties must track the clock read out at each hearing.
- Fee default: if a party does not deposit its share, the other must pay within five days or the process can stall; the paying party can later collect through executive proceedings with the tribunal president's certificate.
- Foreign judgments are not New York Convention awards: they need exequatur, legislative or treaty reciprocity and a legalised copy, and the Supreme Court will refuse those over rights in rem in property located in Colombia or matters of exclusive Colombian jurisdiction.
- Waiving annulment of an international award seated in Colombia means the award then needs recognition before it can be enforced, and the waiver is only valid if no party is domiciled or resident in Colombia.
- Fee caps are now in UVB, updated every January by the Ministry of Finance, so peso figures from older fee tables based on minimum wages are out of date.
- Court timelines in the code are legal limits; when a judge misses the one year term the case moves to the next judge, which adds time rather than producing a default win.
- Argentina interaction: both countries are New York Convention and ICSID parties, but Argentina applies the Convention with reciprocity and commercial reservations while Colombia lists none, so check enforcement in the other country separately; for Argentina's side, see The Argentine Thread guide.
Sources
- Ley 1563 de 2012, arbitration statute, Cancillería normograma
- Ley 1564 de 2012, Código General del Proceso, MinTIC normograma
- Ley 2220 de 2022, conciliation statute, MinTIC normograma
- Decreto 1069 de 2015 compiled, fee schedule as amended by Decreto 42 de 2026, Secretaría Distrital de Hacienda compilation
- Decreto 42 de 2026, Secretaría Distrital de Hacienda compilation
- Ley 1437 de 2011 (CPACA), MinTIC normograma
- Ley 270 de 1996, Estatutaria de la Administración de Justicia, MinTIC normograma
- Ley 39 de 1990, Diario Oficial 39.587, Rama Judicial SIDN
- Ley 37 de 1979, Diario Oficial 35.317, Rama Judicial SIDN
- Ley 267 de 1996 (ICSID Convention), Cancillería normograma
- UNCITRAL, status of the New York Convention
- ICSID, list of contracting states and signatories (ICSID/3), 16 August 2026
- Decreto 1469 de 2025, 2026 minimum wage, MinTIC normograma
- Ministerio de Transporte circular citing Res. MinHacienda 3488 de 2025 (2026 UVB COP 12,110)
- TRM official series, datos.gov.co
Related pages
- regulation/compliance-essentials
- investing/foreign-investment-regime
- entities/choosing-an-entity
- trade/importing-and-exporting
- fx/fx-and-capital-controls
- start/start-here
- /country/colombia/
- /calendar/
- Live dashboard
- https://theargentinethread.com/guide/
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