[ESTABLISHING A BUSINESS ENTITY IN COLOMBIA] 122
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.
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This memorandum is for information purposes only and reflects the existing regulations as of August 2023.
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)
ILN Corporate Group – Establishing a Business Entity Series
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