CORPORATE TAX RATE IN COLOMBIA FOR 2024

Are you considering starting a business in Colombia?
Understanding the corporate tax rate is crucial for your business planning. In this video, we'll break down everything you need to know about the corporate tax rate in Colombia for 2024 and how it impacts your business.
We'll cover:
💰The general statutory Corporate Income Tax (CIT) rate of 35% for 2024.
📍 How this tax applies to both resident and non-resident legal entities with a permanent establishment in Colombia.
🏷️ Special rates and exceptions, including reduced CIT rates for companies in free trade zones and certain industries like eco-tourism and book publishing.
➕ Additional surcharges for financial entities, insurance companies, stockbrokers, and extractive industries.
💵 The minimum tax rate of 15% and its implications for your financial planning.
✅ Tips on calculating your taxable profit and understanding dividend tax benefits for Colombian residents.
At Nexo Legal, we're here to help you navigate the complexities of the Colombian tax system and provide the legal assistance you need from the very beginning of your business journey.
If you have any questions about the corporate tax rate in Colombia or need assistance with your business plans, don't hesitate to reach out to us.
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