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Factors To Consider When Planning To Start A Business

The economy in Columbia is rising fast with unemployment beginning to fall, and that is why people are encouraged to start their own businesses right now as it is a great idea. Below are some points that will guide you when starting a business in Colombia.

If you are planning on registering your business, one needs to work with different institutions in order for them to register their business in Colombia. The chamber of commerce is known when it comes to regulating the formation of any new business that was being started in Colombia. DIAN is one of the most popular departments as it is known to put your company in Colombia’s tax system and the end of the day it will give you your own specific tax number.

It is usually advisable for one to ensure that they obtain forms that are needed either at the chamber of commerce or online. If you are going through any difficulty when it comes to filling out the forms, you can always ask for help at the chamber of commerce. It is usually advisable for someone to ensure that they have all the paperwork for example photocopies of IDs for the business owner, business partners or any legal representatives so that they can hand them over together with the completed forms When the forms are approved it is important to ensure that you pay the inscription.

It is important to ensure that you fill the Pre Rut form which is usually found on DIANs website. The forms are usually important, and that is why people are usually encouraged to make sure that they fill them. One should open a business bank account immediately there Pre Rut Form is approved and is ready. When the bank account is opened, and you have been issued a bank account certificate, once you go back to the DIANs office with a copy of your legal representative id in order for them to state who is the manager of the account. After that one needs to bring the copy to the chamber of commerce in order to complete the registration. When the registration is about complete, it is important for someone to ensure that they hire an accountant because they are more familiar with how a business is run in Colombia and they can guide you when it comes to filing a business taxes. Having a trademark is usually important for a business that is why people are usually advised to ensure that they register it with the Columbia ministry of commerce, industry, and tourism.