Thoughts on capital reduction with cash and share redemption
In general, both the capital reduction with effective repayment of shares and the merger process are considered a statutory reform that, in some cases, is subject to prior authorization issued by the Superintendency of Companies of Colombia. Below we will see the events in which this entity is competent to issue the […]
Corporate conflicts: Corporate and judicial measures in addition to simple nullity
In corporate matters, three agency conflicts have been identified according to studies by the School of Economic Analysis of Law: 1. Conflicts between shareholders and directors: They occur when directors put their personal interest before that of the company. 2. Conflicts between groups or blocks of shareholders: They arise from the abuse of the right to vote by […]
The fine line between tax and customs matters
The fine line between tax and customs matters is of great relevance for companies in the face of the coercive and penal effects of the sanctions and official liquidations issued by the Dian. In this sense, various doubts have arisen regarding what are the criteria for differentiation between these two categories, what application is […]
Confusion with the entry into force of decree 659 of 2024
Invima, as the authority in inspection, control and sanitary surveillance, did not wait to apply the modifications concerning the times and places of inspection of merchandise brought by Decree 659 of 2024. In June, following the provisions of article 21 of Decree 659 […]
Decree 659: International Trading Companies and Free Trade Zones
International Marketing Companies (SCI) were created by Law 67 of 1979, in order to promote exports, granting special incentives to national or mixed companies whose purpose is the marketing of Colombian products abroad. One of the main benefits of these companies is the exemption from VAT […]