[ESTABLISHING A BUSINESS ENTITY IN COLOMBIA] 120
The most common entities for commercial purposes are the Simplified Shareholding Company (S.A.S). This entity has a clear division
between capital and responsibility, limiting, as a general rule, the liability of the investor to the amount of its participation.
***
This memorandum is for information purposes only and reflects the existing regulations as of July 2024.
Under no account can it be considered as either a legal opinion or advice on how to proceed in particular cases or on how to assess them. If you need any further information on the issues covered by this memorandum, please contact Mr. Daniel García Piñeros (dgarcia@gclegal.co) or Juan Ignacio Gamboa (jigamboa@gclegal.co)
ILN Corporate Group – Establishing a Business Entity Series
Made with FlippingBook Ebook Creator