It was previously time consuming and complicated to incorporate a company, particularly for foreign companies that were looking to enter the market. This changed in 2017 when a new corporate vehicle was introduced known in Spanish as Sociedad por Acciones Simplificada (“SAS”).
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Colombia Mining – The Only Certainty is Uncertainty
Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
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