March 25, 2023


Own Business

Discover a Good Company Authorized Agency

6 min read

There are a myriad of causes to hunt authorized providers in Colombia. It’s particularly helpful for foreigners who don’t communicate Spanish, however plan on getting a visa to open a enterprise or after marrying a Colombian partner. 

Somewhat background on Colombia’s authorized system; this will curiosity these of you who’re legally minded. The country has a Civil Law system in place that’s based mostly totally on authorized codes, fairly than jurisprudence. As with different civil regulation international locations, Colombia’s authorized system doesn’t essentially have to acknowledge the ruling of any authorized physique like a court docket (although there are exceptions). 

What’s extra, the idea of priority is absent from the Colombian authorized system, which means a court docket’s ruling on one case doesn’t need to be utilized to all instances sooner or later. Sound a bit convoluted? No worries: good authorized providers in Colombia will be capable to translate the legalese for the layperson to know. 

For buyers, corporations and entrepreneurs who’re new to the nation, buying, a authorized consultant, a fiscal auditor in Colombia, and all related HR/administrative workers is a finest follow that every one newcomers ought to comply with. However fret not if it doesn’t appear as if your fledgling agency has the funds for it. All of these sorts of issues could be outsourced at very affordable costs. 

"unemployment and occupancy rate statistics of Colombia" infographic by Biz Latin Hub for an article on "legal services in Colombia".
Unemployment has decreased considerably, with extra folks within the workforce. This has an affect on the authorized providers in Colombia– comparable to increasing the choices of obtainable companies to work with.

There are innumerable the explanation why an organization planning on coming into a new market might seek legal services in Colombia, however the next causes are the most typical:

  • Company regulation 
  • Overseas funding
  • Actual property
  • Accounting and taxes
  • Visas
  • Logos/IP safety

SEE ALSO: When Do You Want a Authorized Consultant in Colombia?

By now it must be properly understood that authorized providers in Colombia are a must have when coming into the market or investing there. 

What to search for in an legal professional:

Not all Colombian attorneys are created equal. The onus is on you, the consumer, to suss out whether or not a regulation agency is tossing you any previous lawyer who occurs to be free that day, or a real skilled who’s properly educated and skilled within the authorized areas that finest fit your wants. So what sort of qualities must you be searching for when looking for authorized providers in Colombia? 

Ask your self:

  • Does the lawyer or agency provide a free session?
  • Is the lawyer pushed by getting outcomes first, and cost second?
  • Is the lawyer completely fluent in English? 
  • Is the lawyer skilled sufficient to deal with your particular wants?
  • Does the lawyer have a great fame with earlier purchasers? 

Bear in mind, there are actually a whole bunch of authorized consultancies and big worldwide regulation companies which have hundreds of attorneys on the payroll – all of whom have various levels of specialization, expertise and native information. So it’s okay to buy round for authorized providers in Colombia till you discover the one who’s the fitting match to your group. 

Authorized providers in Colombia: High 5 important legal professional traits 

The next could be thought of a foundation of what to hunt out in an legal professional who will probably be representing your organization in varied authorized issues. However an organization’s or investor’s particular set of circumstances will necessitate you to search for different traits to handle your particular set of circumstances – so the next shouldn’t be thought of an exhaustive record:

1. An legal professional and/or regulation agency that provides free consultations

In civil regulation, an legal professional or her/his regulation agency would possibly cost for a first-time session to find out how critical the consumer is about pursuing a case (like a regulation go well with, for instance). However that is company regulation, and corporations aren’t messing round; they want a pile of issues performed, from assembling all of the documentation to include an organization or buy property, to arranging financial institution accounts and making use of for visas. It’s essential to remember the fact that regulation companies that cost for consultations would possibly point out that they simply don’t have the resources to provide free legal advice to all potential purchasers.

2. A lawyer who’s pushed to attain outcomes

Most well-established and competent attorneys in Colombia are motivated by offering the absolute best authorized illustration that they’ll present – and never simply obtain a paycheck. Essentially the most respected attorneys is not going to ask for full cost till outcomes have been achieved, so purchasers ought to think about any insistence on full cost up entrance as a crimson flag. 

"minimum monthly wage in Colombia increases" infographic by Biz Latin Hub for an article on "legal services in colombia".
Month-to-month wage is growing steadily. It is very important think about regulation companies that prioritize outcomes over a paycheck. That is fascinating for anybody searching for authorized providers in Colombia

3. An legal professional who’s completely fluent in English

Most Colombian authorized professionals who avail their providers to abroad purchasers will communicate English, however proficiency ranges can differ, particularly exterior of the cities. Be sure that the lawyer you’re contemplating speaks English with a fluency that you simply’re snug with and might simply perceive; the very last thing you need is a few mishap to happen as a result of one thing was misplaced in translation. 

4. A lawyer who is very specialised and skilled

The legal professional you rent assumes a key position in your group. Not solely will they handle your small business’ dealings with the native regulatory and authorities entities, however will probably be on them to information you thru the method and reply any questions you’ll have. Be sure that the lawyer you’re contemplating has a background in firm incorporation regulation, and has performed so earlier than.

5. An legal professional who has a great fame

That is type of an apparent level, and it might be robust to get an sincere evaluation a couple of explicit particular person you’re contemplating hiring to be your authorized consultant in Colombia. Maybe getting somebody to ask round concerning the candidate in authorized circles in your behalf, and even doing a Google search, could yield some key insights concerning the lawyer’s previous. This could possibly be the distinction between hiring their authorized providers in Colombia, or avoiding somebody who’s doubtlessly problematic. 

Biz Latin Hub can assist you with authorized providers in Colombia 

At Biz Latin Hub, we offer built-in market entry and back-office providers all through Latin America and the Caribbean, with workplaces in Bogota and Cartagena, in addition to over a dozen different main cities within the area. We even have trusted companions in lots of different markets.

Our unrivalled attain means we’re ideally positioned to help multi-jurisdiction market entries and cross-border operations.

In addition to information about authorized providers in Colombia, our portfolio of providers consists of hiring & PEO accounting & taxation, firm formation, checking account opening, and company authorized providers.

Contact us as we speak to search out out extra about how we are able to help you to find prime expertise, or in any other case do enterprise in Latin America and the Caribbean.
If this text on authorized providers in Colombia was of curiosity to you, take a look at the remainder of our protection of the area. Or examine our workforce and knowledgeable authors.

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