The Bogota City Council has issued the Agreement No. 1084 of 2026, establishing tax incentives to promote competitiveness, investment and job creation, adopting a surcharge on the property tax to fund the public street lighting service, optimizing the collection of district taxes, and introducing certain specific procedural provisions.
In Colombia, a deceased shareholder's shares don't pass automatically to their heirs. They sit under an unliquidated estate that needs a legal representative before anyone can exercise the rights attached to them.
The Bogota Tax Administration is currently reviewing Draft Agreement 724 of 2026, an initiative proposing tax incentives aimed at competitiveness, investment attraction and job creation, together with relevant amendments regarding tax procedure, property tax, Industry and Trade Tax (ITT) and other district taxes.
Following the state of emergency declared as a result of the earthquake that occurred on August 10, 2026, the Colombian Government has published for public comments two draft decrees aimed at mitigating the impact of the emergency on taxpayers' ability to comply with tax and customs obligations in the affected regions.
The SIC has published a draft resolution amending Title V of the Unified Circular. The reforms incorporate the provisions of Statutory Laws 2157 of 2021 and 2573 of 2026, strengthening the protection of citizens against improper negative reports, modifying the obligations of data controllers within the RNBD, addressing identity theft, and safeguarding data subjects from barriers to accessing information.
El 2 de junio de 2026, el Consejo de Estado, mediante auto que resolvió recursos de súplica dentro del proceso de nulidad contra el Decreto 572 de 2025, se pronunció sobre las decisiones previas relacionadas con la suspensión provisional de sus disposiciones, modificando el estado de aplicación de la norma.
On May 7, 2026, the Council of State, by interlocutory order, ruled on the requests for precautionary measures filed against Decree 572 of 2025, issued by the National Government, which amended the rates and bases for withholding tax and self-withholding as an advance payment of income tax.
What aspects should you consider regarding the Special Tax Regime? The Special Tax Regime (RTE) establishes a differential treatment for income tax for certain Non-Profit Entities (ESALs) and entities in the solidarity sector.
What should you consider regarding the Wealth Tax for legal entities?
No. The Colombian Supreme Court of Justice, in decision SC2119 of 2025, clarified that a civil trust must be subject to a condition and not to a term. Accordingly, the High Court concluded that it is not legally permissible to make a trust agreement contingent solely upon the death of the settlor, since such an event constitutes a term rather than a condition.
The 2025 Tax Reform proposal, presented by the National Government, seeks to raise around 26 billion pesos to finance the 2026 budget. The proposal includes significant changes to various aspects of the tax system, from direct and indirect taxes to procedural rules and fiscal control.
On July 20, 2025, a bill was presented to the House of Representatives that adopts economic, tax, and financial measures to boost economic reactivation.
Colombia has a special labor law that regulates the legal relations between the employer and the employee, especially those related to the employment contract, labor claims and the termination of the employment relationship.
The Colombian tax system is composed of national and local taxes (departments and municipalities).
We present a guide that provides an overview of the legal aspects of the most commonly used investment vehicles in Colombia, as well as a compilation of the most relevant current commercial and economic trends that will be of great help to companies and investors.
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