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There are a myriad of causes to hunt authorized companies 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.
A bit of background on Colombia’s authorized system; this may occasionally 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, quite than jurisprudence. As with different civil legislation international locations, Colombia’s authorized system doesn’t essentially have to acknowledge the ruling of any authorized physique like a courtroom (although there are exceptions).
What’s extra, the idea of priority is absent from the Colombian authorized system, that means a courtroom’s ruling on one case doesn’t should be utilized to all instances sooner or later. Sound a bit convoluted? No worries: good authorized companies 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 apply that every one newcomers ought to observe. However fret not if it doesn’t appear as if your fledgling agency has the funds for it. All of these sorts of issues might be outsourced at very affordable costs.
Why hunt down authorized companies in Colombia?
There are innumerable explanation why an organization planning on getting into a new market might seek legal services in Colombia, however the next causes are the commonest:
- Company legislation
- International funding
- Actual property
- Accounting and taxes
- Visas
- Emblems/IP safety
SEE ALSO: When Do You Need a Legal Representative in Colombia?
By now it ought to be nicely understood that authorized companies in Colombia are a must have when getting 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 The onus is on you, the consumer, to suss out whether or not a legislation agency is tossing you any outdated lawyer who occurs to be free that day, or a real skilled who’s nicely educated and skilled within the authorized areas that finest fit your wants. So what sort of qualities must you be in search of when looking for authorized companies in Colombia?
Ask your self:
- Does the lawyer or agency provide a free session?
- Is the lawyer pushed by getting outcomes first, and fee 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 popularity with earlier purchasers?
Keep in mind, there are actually a whole lot of authorized consultancies and big worldwide legislation corporations which have hundreds of attorneys on the payroll – all of whom have various levels of specialization, expertise and native data. So it’s okay to buy round for authorized companies in Colombia till you discover the one who’s the correct match in your group.
Authorized companies in Colombia: Prime 5 important legal professional traits
The next might be thought of a foundation of what to hunt out in an legal professional who will probably be representing your organization in numerous 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 checklist:
1. An legal professional and/or legislation agency that gives free consultations
In civil legislation, an legal professional or her/his legislation agency may cost for a first-time session to find out how severe the consumer is about pursuing a case (like a legislation swimsuit, for instance). However that is company legislation, and corporations aren’t messing round; they want a pile of issues accomplished, 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 vital to take into account that legislation corporations that cost for consultations may 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 very best authorized illustration that they’ll present – and never simply obtain a paycheck. Essentially the most respected attorneys won’t ask for full fee till outcomes have been achieved, so purchasers ought to take into account any insistence on full fee up entrance as a purple flag.
3. An legal professional who’s completely fluent in English
Most Colombian authorized professionals who avail their companies to abroad purchasers will communicate English, however proficiency ranges can differ, particularly outdoors of the cities. Be certain that the lawyer you’re contemplating speaks English with a fluency that you just’re comfy 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 enterprise’ dealings with the native regulatory and authorities entities, however it is going to be on them to information you thru the method and reply any questions you could have. Be certain that the lawyer you’re contemplating has a background in firm incorporation legislation, and has accomplished so earlier than.
5. An legal professional who has a great popularity
That is type of an apparent level, and it could be robust to get an sincere evaluation a couple of specific individual you’re contemplating hiring to be your authorized consultant in Colombia. Maybe getting somebody to ask round in regards to the candidate in authorized circles in your behalf, and even doing a Google search, might yield some key insights in regards to the lawyer’s previous. This could possibly be the distinction between hiring their authorized companies in Colombia, or avoiding somebody who’s doubtlessly problematic.
Biz Latin Hub will help you with authorized companies in Colombia
At Biz Latin Hub, we offer built-in market entry and back-office companies all through Latin America and the Caribbean, with places of work 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 data about authorized companies in Colombia, our portfolio of companies consists of hiring & PEO accounting & taxation, firm formation, checking account opening, and company authorized companies.
Contact us at this time to search out out extra about how we will help you to find prime expertise, or in any other case do enterprise in Latin America and the Caribbean.
If this text on authorized companies in Colombia was of curiosity to you, check out the rest of our coverage of the area. Or learn about our team and professional authors.
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