Establish Your Business in Colombia with Zero Bureaucracy
The Simplified Stock Corporation (SAS) is Colombia's most versatile legal vehicle for foreign entrepreneurs, digital agencies, real estate holding entities, and venture-backed startups.
Estimated Timeline
5 to 8 Business Days
Dedicated Assessment
$67 USD (45 min)
Attorney-Client Privilege
100% Confidential
Requirements & Required Documentation
What our legal department will audit and prepare before filing your case.
Shareholder Information
Valid passport copies of natural person shareholders, or Chamber certificate and power of attorney if owned by an overseas company.
Corporate Name Options
3 preferred company names to conduct pre-clearance against the national trade name registry (RUES).
Registered Business Address
Commercial address in Medellín or another Colombian city for official administrative and tax notifications.
Designation of Legal Representative
Appointment of a principal and alternate legal representative (natural person holding legal capacity in Colombia).
Subscribed Share Capital
Definition of authorized, subscribed, and paid-in capital and breakdown of share classes (ordinary, preferential, or non-voting).
How We Work: Step-by-Step Legal Process
From initial document audit to final governmental approval.
Bylaw Customization & RUES Name Clearance
We verify trade name availability, draft custom bylaws (estatutos) including dispute arbitration clauses, single-shareholder governance rules, and clear corporate purpose scopes.
Chamber of Commerce Incorporation
We file the private incorporation document before the Cámara de Comercio de Medellín, paying the local registration tax and generating your legal existence certificate.
DIAN Tax Identification (RUT)
We register the company before the national tax authority (DIAN) to generate the permanent Tax ID (NIT) and assign your corporate economic activity codes (CIIU).
Bank Account & Inward Investment Filing
We prepare the compliance file (SAGRILAFT/AML) for opening a corporate bank account in Colombia and file Formulario 4 for foreign capital registration.
Frequently Asked Questions
Key legal aspects you should know.
Does the legal representative of a SAS need to be a Colombian citizen?
No, but they must hold legal residency and a valid Cédula de Extranjería in Colombia, or have legal capacity to sign official administrative and tax declarations.
Can incorporating a SAS qualify me for a Business Visa?
Yes, incorporating a SAS and capitalizing it with at least 100 SMLMV of registered foreign capital makes you eligible to petition for the Visa M Socio o Propietario.