Colombia

Following GDP growth of 6.6% in 2011 and 4% in 2012, Colombia’s economy experienced a slowdown during much of 2013, with annualised growth of just 2.8% in the first quarter. The sound performance of the construction sector, however, as well as strong public investments, recovery in the hydrocarbons industry and restored consumer confidence, allowed...

View contact details and general information for some of the leading hotels and resorts in Colombia

LANGUAGE: Spanish is the official language, though more than 65 other recognised languages are spoken. English is also an official language in San Andrés, Providencia and Santa Catalina islands. Business executives and senior government officials tend to have a high level of English proficiency,...

In recent years Latin America has received a vast amount of attention from the international art world, and Colombia is no exception. With Colombian artists opening exhibitions across the globe and international artists visiting, working and exhibiting in Colombian cities such as Bogotá, Medellín and Cali, the local art scene is thriving....

In 2012 the Colombian government took a decision to reform the country’s tax legislation to adjust certain inconsistencies in the system. In particular, the tax reform proposed by the government aimed to accomplish the following five goals: Equality: As in any tax reform, the main goal of the 2012 changes was to obtain equality for all...

It has been just over a year since the tax reform embodied in Law 1607/12 was applied, and the results so far are not completely satisfactory. First, there is a feeling of deception among taxpayers in the sense that the objectives proposed by the state in the fourth quarter of 2012 were not adhered to by the government itself. Initially, the...