Discover a Good Company Authorized Agency

There are a myriad of causes to hunt authorized companies in Colombia. It’s particularly helpful for foreigners who don’t communicate Spanish, however plan on getting a visa to open a enterprise or after marrying a Colombian partner. 

Just a little background on Colombia’s authorized system; this will likely curiosity these of you who’re legally minded. The country has a Civil Law system in place that’s based mostly totally on authorized codes, relatively than jurisprudence. As with different civil regulation 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 should be utilized to all instances sooner or later. Sound a bit convoluted? No worries: good authorized companies in Colombia will be capable of translate the legalese for the layperson to grasp. 

For traders, corporations and entrepreneurs who’re new to the nation, buying, a authorized consultant, a fiscal auditor in Colombia, and all related HR/administrative workers is a finest observe that each one newcomers ought to comply with. However fret not if it doesn’t appear as if your fledgling agency has the funds for it. All of these sorts of issues will be outsourced at very affordable costs. 

"unemployment and occupancy rate statistics of Colombia" infographic by Biz Latin Hub for an article on "legal services in Colombia".
Unemployment has decreased considerably, with extra folks within the workforce. This has an influence on the authorized companies in Colombia– equivalent to increasing the choices of obtainable companies to work with.

There are innumerable the explanation why an organization planning on coming into a new market might seek legal services in Colombia, however the next causes are the commonest:

  • Company regulation 
  • International funding
  • Actual property
  • Accounting and taxes
  • Visas
  • Emblems/IP safety

SEE ALSO: When Do You Want a Authorized Consultant in Colombia?

By now it needs to be properly understood that authorized companies in Colombia are vital when coming into the market or investing there. 

What to search for in an lawyer:

Not all Colombian attorneys are created equal. The onus is on you, the consumer, to suss out whether or not a regulation agency is tossing you any outdated lawyer who occurs to be free that day, or a real skilled who’s properly educated and skilled within the authorized areas that finest fit your wants. So what sort of qualities do you have to be in search of when looking 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 popularity with earlier purchasers? 

Bear in mind, there are actually tons of of authorized consultancies and large worldwide regulation companies which have 1000’s of attorneys on the payroll – all of whom have various levels of specialization, expertise and native data. So it’s okay to buy round for authorized companies in Colombia till you discover the one who’s the suitable match in your group. 

Authorized companies in Colombia: High 5 important lawyer traits 

The next will be thought of a foundation of what to hunt out in an lawyer who can be representing your organization in varied authorized issues. However an organization’s or investor’s particular set of circumstances will necessitate you to search for different traits to deal with your particular set of circumstances – so the next shouldn’t be thought of an exhaustive listing:

1. An lawyer and/or regulation agency that gives free consultations

In civil regulation, an lawyer or her/his regulation agency may cost for a first-time session to find out how severe the consumer is about pursuing a case (like a regulation go well with, for instance). However that is company regulation, and corporations aren’t messing round; they want a pile of issues executed, 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 necessary to understand that regulation companies that cost for consultations may point out that they simply don’t have the resources to provide free legal advice to all potential purchasers.

2. A lawyer who’s pushed to realize outcomes

Most well-established and competent attorneys in Colombia are motivated by offering the absolute best authorized illustration that they will present – and never simply obtain a paycheck. Probably the most respected attorneys is not going to ask for full cost till outcomes have been achieved, so purchasers ought to contemplate any insistence on full cost up entrance as a pink flag. 

"minimum monthly wage in Colombia increases" infographic by Biz Latin Hub for an article on "legal services in colombia".
Month-to-month wage is growing steadily. You will need to contemplate regulation companies that prioritize outcomes over a paycheck. That is attention-grabbing for anybody in search of authorized companies in Colombia

3. An lawyer who’s completely fluent in English

Most Colombian authorized professionals who avail their companies to abroad purchasers will communicate English, however proficiency ranges can differ, particularly outdoors of the cities. Be certain 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 lawyer you rent assumes a key function in your group. Not solely will they handle your online business’ dealings with the native regulatory and authorities entities, however it will likely be on them to information you thru the method and reply any questions you might have. Be certain that the lawyer you’re contemplating has a background in firm incorporation regulation, and has executed so earlier than.

5. An lawyer who has a great popularity

That is sort of an apparent level, and it might be powerful to get an sincere evaluation a few specific individual you’re contemplating hiring to be your authorized consultant in Colombia. Maybe getting somebody to ask round concerning the candidate in authorized circles in your behalf, and even doing a Google search, could yield some key insights concerning the lawyer’s previous. This might be the distinction between hiring their authorized companies in Colombia, or avoiding somebody who’s probably problematic. 

Biz Latin Hub may 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 workplaces 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 help multi-jurisdiction market entries and cross-border operations.

In addition to data about authorized companies in Colombia, our portfolio of companies contains hiring & PEO accounting & taxation, firm formation, checking account opening, and company authorized companies.

Contact us immediately to seek out out extra about how we will help you to find prime 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, take a look at the remainder of our protection of the area. Or examine our group and knowledgeable authors.

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