While not a common practice, employers can outsource payroll and benefits administration responsibilities to third party companies. This outsourcing can only include payroll and benefits administration functions to qualified companies specialised in these areas. The outsourcing process cannot extend to a third party to directly pay the salary or benefits of the employees.
While López & Asociados does not manage payroll outsourcings, our firm has counseled several (multi)national companies and/ or their payroll outsourcing entity on setting their parameters for payroll, benefits and social security contributions, in accordance with Colombian legislation.
López & Asociados continues to assist foreign corporations in structuring their entry and employment models in Colombia, by aligning ourselves with the strategic vision of our clients. Furthermore, we are pleased to offer our services for all of the required work identified above and assist your organisation in commencing its operations in the Colombian marketplace. Any portion of the work can be conducted on the basis of a blended rate of $250 USD per hour, in addition to any required disbursements and tax. As an alternative, all of the above work can be offered for a project budget of $7,000 USD(*) plus disbursements and tax.
(*) Excepting II(B)(1); and Chapter III.