Taxation in Colombia

To find out about your personal taxation, please answer each of the following questions with “Yes” or “No”. A “Yes”
to any of the questions indicates that you may be required to file a tax
return in Colombia.
1. STAY (183 DAY RULE)
Have you been in Colombia for a total of more than 183 days in the last
365 days? These days do not need to be consecutive and can be
accumulated in any rolling 365-day period. Please note that any part of a
day in Colombia is counted as a full day.
– [ ] Yes
– [ ] No
If you answer “Yes”, you are considered a tax resident in Colombia and
must report all of your global income.
2. INCOME FROM COLOMBIAN SOURCES
Have you received income from Colombian sources, such as salaries,
wages, rents, consulting fees, dividends, interest or other financial
benefits?
– Yes [ ]
– No [ ]
If you answer “Yes”, you must declare this income in Colombia,
regardless of your tax residence.
3. CAPITAL INCOME?
Do you own real estate properties in Colombia, including land,
apartments or commercial premises?
– Yes [ ]
– No [ ]
If you answer “Yes”, you may have tax liabilities related to ownership of
real estate in Colombia.
4. FINANCIAL RETURNS
Do you have financial interests in Colombia, such as business interests,
investments or are you involved in a joint venture?
– Yes [ ]
– -No [ ]
If you answer “Yes”, you may be subject to tax on any income generated
by these interests.
5. ECONOMIC ACTIVITY
Do you carry out any economic activity in Colombia, either as a self-
employed person, entrepreneur or in any other professional capacity?
– [ ] Yes
– No [ ]
If you answer “Yes”, you must declare income from these activities.
6. FINANCIAL ACCOUNTS AND OBLIGATIONS
Do you have bank accounts in Colombia or are you financially linked to
companies operating in Colombia?
– No [ ]
– Yes [ ]
If you answer “Yes”, you may be required to report these assets to the
Colombian tax authorities*.
7. MANAGERIAL RESPONSIBILITY IN COMPANIES
Do you hold a management position or are you a legal representative of
a company in Colombia?
– Yes [ ]
– No [ ]
If you answer “Yes”, you may have additional tax responsibilities as a
director or administrator of the company*.
8. TAX HISTORY
Have you been required to file a tax return in Colombia in the last few
years?
– Yes [ ]
– No [ ]
If you answer “Yes”, this indicates that you have previously had tax
obligations in Colombia and are likely to continue to have them.
LEGAL BASIS: The tax liability in Colombia is based on the articles of
law [Art. 591 Tax Statute], which establish that persons linked to
Colombia by their stay, income or economic interests are obliged to pay
taxes.
In case of doubts, please consult with us. We do not assume any
responsibility for self-assessment of tax liability.
This document was prepared as a guide, in order for you to identify
your tax situation in Colombia and determine if you are required to
declare income. More.