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4. Entities and setup: Colombia

Entities and setup in Colombia: which vehicle a foreign investor can use (SAS, sociedad anónima, limitada or branch of a foreign company), how each is formed at the chamber of commerce, the capital, governance and auditor rules that apply, and the recurring duties such as the 31 March registration renewal and the DIAN beneficial ownership register, each tied to the official text.

Investor view. Colombia lets a single foreign shareholder form an SAS by private document with no minimum capital and bylaws written almost freely, a flexible and low cost entry that puts capital to work quickly.

Choosing an entity in Colombia: SAS, sociedad anónima, limitada or branchMost foreign investors in Colombia use a simplified stock company (SAS): one foreign shareholder is enough, it is formed by a private document filed at a chamber of commerce, the law sets no minimum c