The tax reform approved by the government in December 2012 (Law 1607 of 2012) introduced important changes to the way foreign investors can acquire shares or an interest in Colombian companies. Prior to the reform, the acquisition of shares by foreign investors entailed the purchase of the goodwill, the cost of which was tax deductible against...
Recognising that human capital is essential to its longterm economic development, Colombia is making strong efforts to position the nation as a leader in education within the region, and in doing so it is addressing major long-term issues that have segregated different regions and social classes. While elementary school and vocational training...
The greater prominence achieved by sports in Colombia at all levels has resulted in more media coverage and consequently rising exposure and profitability for companies sponsoring sport competitions, teams and athletes. While major sports such as football, cycling and roller-skating get the best sponsorship contracts, investment in minority...
Despite challenges posed by bouts of social and political instability, Colombia’s public services have taken important strides forward in recent years. Traditionally, the Colombian health system has received international recognition. In its latest integral report from 2000, the World Health Organisation (WHO) ranked the country number one in Latin...
Universal health care is taking on a new meaning in Colombia. Not only are citizens keen to gain more access and higher quality services, foreigners too have come to recognise the benefits of seeking out treatment in cities like Bogotá and Medellín. Authorities have caught on to the trend, integrating this segment into the government’s Productive...
Despite 20 years of perceptions as an unsafe place for foreign sports teams to visit, Colombia has performed strongly in terms of sport results achieved at the regional level in the past decade. Improved security conditions have increased access to sporting venues and boosted opportunities for participation, not to mention more investment,...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×