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- How much late-payment interest is legally allowed?
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Finance
Corporate finance and credit
Interest rates, late payment, loan amortization and the legal rules framing corporate financing.
Calculators and tools
Interest rate converterConvert between monthly and annual rates, effective and nominal, paid in arrears or in advance, as agreed in contracts and promissory notes.Late payment interest calculatorCalculate late payment interest on a debt in Colombian pesos, capped at the maximum legal rate with a usury alert.Loan instalment simulatorWork out loan instalments with a monthly or effective annual rate, fixed or declining payments, and see the full amortization table.
Latest analysis
Corporate Law
See all analysis From SAGRILAFT and PTEE to an Integrated System: What Changes for Companies in 2026?
The new Circular from the Superintendencia de Sociedades seeks to ensure that companies do not limit themselves to having policies and manuals "on paper," but rather truly apply controls to prevent risks related to money laundering, terrorist financing, corruption, and bribery. This implies better knowledge of clients, suppliers, and other third parties, identifying who is behind the companies with which business is conducted, strengthening the role of the Compliance Officer, and leaving evidence that controls are indeed applied. In short, companies must adapt their prevention processes to their reality and demonstrate that compliance is part of their daily operations.
Corporate LawDo you know how a company is incorporated in Colombia?
To get started, it should be noted that in Colombia there are six types of companies that can be incorporated: Simplified Stock Company, Corporation, Limited Liability Company, General Partnership, Limited Partnership, and Limited Partnership by Shares,...
Corporate LawHow Is Protection in Intellectual Property Being Redefined in the Age of AI?
In recent years, artificial intelligence (AI) has developed by leaps and bounds, having started from a theoretical notion contemplated by Alan Turing in 1950 about the...
Corporate LawHow Does the New Vaping Law Affect Your Business?
On May 15, 2024, Law 2354 of 2024 came into effect, which amends and extends the provisions of Law 1335 of 2009, known as the Anti-Tobacco Law, to regulate the use and sale of vapes and electronic cigarettes.
Corporate LawPROTECT YOUR BUSINESS: The Key to Success in Data Protection and Confidentiality with NDA Agreements.
The world is changing with the information age, and the business environment cannot be indifferent to these changes; data protection and confidentiality have become...
Corporate LawWarranty in the Provision of Health Services: Key Points to Understand and Apply the Legal Warranty
It is essential to provide clarity on the legal warranty in the provision of health services when these are rendered by private parties for treatments or services outside the mandatory scope. With...
Corporate LawDigital Economy: Attention! Websites Engaging in Commercial Activities Must Be Registered in the Commercial Registry!
The eruption of new technologies in the conduct of economic activities has had an impact across the southern hemisphere, and business activities in Colombia...
Corporate LawInsurance Contract: Safety Above All.
The risk of any type of loss occurring in any industry is a constant danger that any business owner should pay attention to, and the use of some type of insurance is also a constant for that reason. It is used both in contracts and in day-to-day activities. Therefore, the insurance contract is of vital importance to cope with any eventuality in the exercise of the company's corporate purpose.
Corporate LawWho Regulates Business Activity in Colombia?
To begin this article, it is necessary to first clarify that depending on the economic sector where your business operates, you may have specialized control entities for the activity in question, some examples of which are the Superintendency of Health, the Financial Superintendency, and the Superintendency of Surveillance and Private Security. However, in this article, we want you to learn about those entities that are particularly necessary and regulate general issues and disputes in the business sector in our country.
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