Opening a SAS as a foreigner in Colombia
The Simplified Joint-Stock Company (SAS) is the corporate form most used by entrepreneurs in Colombia, including foreigners. It is flexible and can be formed with a single shareholder.
Why an SAS
It limits liability to the contribution, has flexible bylaws and faster procedures than other company types. Many foreigners use it to invoice, hire or invest.
General steps
- Define corporate purpose, capital and shareholders.
- Draft bylaws and the incorporation document.
- Register with the Chamber of Commerce.
- Obtain RUT and NIT from the DIAN.
- Open a business bank account.
For foreigners
You can be a shareholder without being a resident. You will need ID and, depending on the case, apostilles or powers of attorney. Visas may depend on investment or activity; check your case.
Costs and obligations
There are registration costs, registration tax, accounting, electronic invoicing and periodic filings. Hire an accountant from the start.
Guidance
Colombia Visa Legal can guide you on investor visas and related immigration procedures.
Frequently asked questions
Can I open an SAS without living in Colombia?
It is possible with a legal representative and documents, but there are practical requirements; consult a lawyer.
How much capital do I need?
The law sets no general minimum; define what fits your activity.
Does an SAS give me a visa?
Not automatically; investment visas exist with their own requirements.
If you want guidance on migration requirements, you can contact Colombia Visa Legal. When a procedure is online, Cancillería recommends doing it directly; professional guidance helps you understand the process, it does not replace the official source.
Related guides
General information based on current rules and practice; it may change. Confirm your case with the official source or an authorized professional. Not legal, tax or medical advice.