ABOUT THE NATIONAL CONTEXT FOR OPENING UP SHOP
While globalisation has brought the world’s markets closer together, complying with the various multijurisdictional legal obligations and responsibilities is becoming more and more challenging, especially for potential investors seeking to expand their operations. Colombia is not the exception, despite the government’s best efforts to adopt more flexible provisions, in order to make it easier for businesses to satisfy the rigorous conditions imposed by the nation’s laws.
Obtaining the appropriate legal advice when opening up shop in Colombia is therefore imperative, particularly since local laws may change suddenly, and failure to conform to the necessary requirements could expose the employer to significant legal, economic and even reputational risks.
With more than 10 years in the Colombian legal market, López & Asociados Abogados has earned a reputation for excellence as one of the nation’s most prestiguous law firms. Awarded ‘Labour and Employment Law Firm of the Year: Colombia 2019’ by Best Lawyers and recognised as a top tier firm for labour and employment law by Chambers Latin America and The Legal 500 – we would be delighted to serve as your strategic partner and assist with your organisation’s Colombian expansion.