Knowing what taxes a company pays in Colombia will help you understand some of the responsibilities that are assumed when formalizing a business. In addition, it will serve as a reference for making informed financial decisions and ensuring compliance with tax obligations.
According to the OECD , the tax system plays a fundamental role as the main tool through which governments obtain capital to finance public spending and make investments.
These taxes are a source of income for the State, which phone library facilitate the implementation of policies that seek to stimulate private investment, generate job opportunities and strengthen the country's economic activity.
If you have already formalized your business or are thinking of doing so, find out what taxes a company pays in Colombia and in this way you will be able to ensure compliance with your tax obligations.
Boost your brand by creating your own online store.
What are taxes and why should they be paid?
Taxes are mandatory payments that both citizens and companies must make to the Colombian State, with the purpose of financing public expenses and covering the collective needs of the population.
These payments are established by tax legislation, through the Tax Statute , and are intended to finance essential services, infrastructure and social programs, among other government projects.
Among the entities responsible for collecting taxes in Colombia are the National Tax Directorate ( DIAN ) and the district treasury departments.
What does the Colombian government do with taxes?
According to the most recent DIAN report , $240.39 billion was collected in the first 10 months of 2024. This represents a growth of 13.5% compared to the same period in 2022, driven mainly by an 89.4% increase in income tax.
This increase reflects the impact of the Tax Reform , which came into effect on January 1, 2024.
Through the payment of taxes in Colombia, the government is able to.