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Welcome, you are in INVEST IN COLOMBIA

Welcome, you are in INVEST IN COLOMBIA

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  2. How to invest in Colombia
  3. 13. ACCOUNTING REGIME

13. ACCOUNTING REGIME

In Colombia, Law 1314 of 2009 established that companies must apply international financial reporting standards of international acceptance. That is, all companies that carry out commercial acts must keep accounts under the technical accounting frameworks in force in the country, which are based on the International Financial Reporting Standards issued by the IASB (IFRS), without prejudice to the exceptions set forth in the same law.

Below you will find the main principles of this regime to be taken into account when considering investments in Colombia.

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PROCOLOMBIA is the entity in charge of promoting Exports, International Tourism, Foreign Direct Investment and the Country Brand, in order to position Colombia in the world. Get to know the national and international network of offices, where you will find comprehensive support and advice.

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