Accountancy in Colombia

>> Withholding Taxes in Colombia

Interest

Payments for consulting services, technical services and technical assistance, provided by non-residents or not domiciled in Colombia, are subject to withholding at the single rate of fifteen percent (15%), at title of income taxes, whether they are provided in the country or from abroad.

Royalties

The income tax rate for non-residents is 15% and in the case of occasional earnings it will be 10%.

Dividends

The rate of income tax corresponding to dividends, received by foreign companies without principal domicile in the country, by individuals without residence in Colombia and by illiquid successions of persons who were not residents


Latest version updated 5th April 2019

Country Breakdown

48.65

Million

Population

$

Colombian Peso

Currency

$ 282.5

Billion

GDP

1.142

Million

km2