Corporate Lawyers in Colombia

Corporate law governs the creation, organization, structure, and operation of commercial companies and businesses in Colombia. It is primarily regulated by the Commercial Code and Law 222 of 1995.

History and Evolution

This branch of law, with origins in the colonial era, has constantly evolved. The first Colombian Commercial Code dates back to 1853, with Law 222 of 1995 being a key piece in its modernization during the 1990s. It adapts to the changing economic and social needs of society.

Scope of Corporate Law

It regulates the relationships between shareholders, administrators, clients, employees, and other stakeholders in a company. It defines the duties and rights of shareholders, the corporate governance structure, and the responsibilities of administrators and directors. Furthermore, it encompasses mergers and acquisitions, issuance of securities, management of financial and accounting information, and compliance with corporate social responsibility and sustainability standards, including Corporate Taxes in Colombia.

Legal Services in Corporate Law

The services offered in this area include:

Company Formation

We offer advice on the creation and incorporation of commercial companies. This includes choosing the most suitable type of company, such as the various Legal Forms of Companies in Colombia, registering with the Chamber of Commerce, and drafting and reviewing bylaws. More information

Due Diligence

A thorough study of a commercial company or entity that a client seeks to acquire or merge with is conducted. It analyzes the commercial, financial, and other aspects to assess investment risks and opportunities. This study is carried out after preliminary negotiations between the parties. More information

Corporate Governance

Advice is provided on the implementation and development of good corporate governance practices. This includes drafting and reviewing internal policies, risk management, and training for directors and shareholders, including aspects related to the Board of Directors of a company.

Mergers and Acquisitions

Clients receive advice on the buying and selling of companies, including contract negotiation, review of legal documents, and obtaining required authorizations and permits. Consult about the Corporate Insolvency Regime in Colombia.

Commercial Contracts

Clients receive advice on drafting and negotiating commercial contracts, such as supply, distribution, Franchise Agreements in Colombia, and other agreements.

Commercial Litigation

This service provides legal representation in judicial proceedings related to commercial matters, such as shareholder disputes or breach of contract. For expert help, consider our Litigation consulting services.

Benefits of Legal Advice in Corporate Law

Corporate law integrates commercial, corporate, and business law. Legal advice in this field offers multiple benefits when negotiating, acquiring companies, or dealing with conflicts and legal proceedings. It provides guarantees and greater security for both companies and individuals, helping to avoid Tax Penalties and navigate complex issues like Economic Corporate Insolvency in Colombia. Consider our Business Legal Advisory Plans in Colombia to obtain expert help in negotiations, acquiring companies, and handling conflicts and legal proceedings.

References:

• Law 222 of 1995 (December 20, 1995). Senate Secretariat.
• Decree 410 of 1971 – Commercial Code (June 16, 1971). Senate Secretariat
• What is Corporate Law?
• What is Corporate Law? (November 22, 2022). Euroinnova Business School.

For further assistance, contact Servicio Legal.