To answer the question posed, it is important to recall that in Colombia there are all types of companies that grant foreign entrepreneurs a variety of legal and tax benefits. However, when evaluating the possibility of establishing their operations and businesses in the national territory, the ideal corporate type is considered to be the Simplified Stock Company (SAS).
The corporate structure provided for in the regulations of the Simplified Stock Company is the most flexible and practical when deciding which type of company to implement, as it allows the entrepreneur to adapt to market dynamics and activities at both national and international levels.
Among the most significant advantages of the SAS, it starts with its incorporation, since it can be carried out through a private document. Additionally, the following should be kept in mind:
- Among its most outstanding advantages, its creation by unilateral act stands out.
- Depending on the corporate purpose to be developed, it does not require that it be specific; it is sufficient that the act be lawful.
- The liability of shareholders is limited to the amount of capital contributed.
- The legal representation of the company may be held by a natural or legal person, whether through direct or delegated management.
- Regarding the company's capital, it provides great flexibility, facilitating the integration of capital under terms, proportions, and deadlines different from other companies.
Based on the foregoing, the incorporation of a Simplified Stock Company begins with the incorporation document, which must include the certificate of existence and legal representation of the investing company, the corresponding authorizations, and the bylaws of the parent company that will have control over the branch company to be created. In conclusion, the Simplified Stock Company is the appropriate corporate vehicle when considering expanding commercial operations in Colombia, allowing entrepreneurs to carry out permanent activities in Colombia efficiently and effectively.