There are a myriad of causes to hunt authorized companies in Colombia. It’s particularly helpful for foreigners who don’t converse 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 increasingly curiosity these of you who’re legally minded. The country has a Civil Law system in place that’s primarily based totally on authorized codes, quite than jurisprudence. As with different civil legislation nations, 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 must 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, firms and entrepreneurs who’re new to the nation, buying, a authorized consultant, a fiscal auditor in Colombia, and all related HR/administrative employees is a greatest apply that every one newcomers ought to observe. However fret not if it doesn’t appear as if your fledgling agency has the finances for it. All of these sorts of issues might be outsourced at very cheap costs.
Why search out authorized companies in Colombia?
There are innumerable explanation why an organization planning on coming into a new market might seek legal services in Colombia, however the next causes are the most typical:
- Company legislation
- Overseas funding
- Actual property
- Accounting and taxes
- Visas
- Logos/IP safety
SEE ALSO: When Do You Want a Authorized Consultant in Colombia?
By now it must be nicely understood that authorized companies in Colombia are vital when coming 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 shopper, to suss out whether or not a legislation agency is tossing you any previous lawyer who occurs to be free that day, or a real skilled who’s nicely educated and skilled within the authorized areas that greatest fit your wants. So what sort of qualities must you be in search of when searching for authorized companies in Colombia?
Ask your self:
- Does the lawyer or agency supply a free session?
- Is the lawyer pushed by getting outcomes first, and cost 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 fame with earlier shoppers?
Keep in mind, there are actually a whole lot of authorized consultancies and large worldwide legislation corporations which have hundreds of attorneys on the payroll – all of whom have various levels of specialization, expertise and native information. So it’s okay to buy round for authorized companies in Colombia till you discover the one who’s the suitable match to your group.
Authorized companies in Colombia: High 5 important legal professional traits
The next might be thought of a foundation of what to hunt out in an legal professional who will likely 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 listing:
1. An legal professional and/or legislation agency that provides free consultations
In civil legislation, an legal professional or her/his legislation agency would possibly cost for a first-time session to find out how severe the shopper 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 completed, 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 remember that legislation corporations that cost for consultations would possibly point out that they simply don’t have the resources to provide free legal advice to all potential shoppers.
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 will present – and never simply obtain a paycheck. Essentially the most respected attorneys won’t ask for full cost till outcomes have been achieved, so shoppers ought to take into account any insistence on full cost 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 shoppers will converse English, however proficiency ranges can differ, particularly outdoors of the cities. Be sure that the lawyer you’re contemplating speaks English with a fluency that you simply’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 function in your group. Not solely will they handle your enterprise’ dealings with the native regulatory and authorities entities, however will probably be on them to information you thru the method and reply any questions you could have. Be sure that the lawyer you’re contemplating has a background in firm incorporation legislation, and has completed so earlier than.
5. An legal professional who has a great fame
That is type of an apparent level, and it could be robust to get an trustworthy evaluation a few explicit particular person 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 might be the distinction between hiring their authorized companies in Colombia, or avoiding somebody who’s doubtlessly problematic.
Biz Latin Hub might 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 assist multi-jurisdiction market entries and cross-border operations.
In addition to information 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 right this moment to seek out out extra about how we are able to help you to find high 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, try the remainder of our protection of the area. Or examine our staff and professional authors.
:quality(70):focal(816x234:826x244)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/FRXVREONI5ENNNXPDPIBY4IXPI.jpg)
