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 converse Spanish, however plan on getting a visa to open a enterprise or after marrying a Colombian partner. 

A bit of background on Colombia’s authorized system; this may increasingly curiosity these of you who’re legally minded. The country has a Civil Law system in place that’s primarily based totally on authorized codes, somewhat 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 court docket (although there are exceptions). 

What’s extra, the idea of priority is absent from the Colombian authorized system, that means a court docket’s ruling on one case doesn’t must be utilized to all circumstances 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 know. 

For buyers, corporations and entrepreneurs who’re new to the nation, buying, a authorized consultant, a fiscal auditor in Colombia, and all related HR/administrative employees is a finest follow that each one newcomers ought to comply with. However fret not if it doesn’t appear as if your fledgling agency has the price range for it. All of these sorts of issues might be outsourced at very cheap 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 individuals within the workforce. This has an impression on the authorized companies in Colombia– reminiscent of increasing the choices of accessible corporations to work with.

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

  • Company regulation 
  • Overseas funding
  • Actual property
  • Accounting and taxes
  • Visas
  • Logos/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 a must have when getting into the market or investing there. 

What to search for in an lawyer:

Not all Colombian legal professionals are created equal. The onus is on you, the shopper, 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 searching for when searching for authorized companies in Colombia? 

Ask your self:

  • Does the lawyer or agency provide 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 status with earlier purchasers? 

Bear in mind, there are actually lots of of authorized consultancies and big worldwide regulation corporations 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 might be thought-about a foundation of what to hunt out in an lawyer who shall 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-about an exhaustive listing:

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

In civil regulation, an lawyer or her/his regulation agency would possibly cost for a first-time session to find out how critical the shopper 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 vital to needless to say regulation corporations that cost for consultations would possibly 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 attain 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 won’t 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 rising steadily. It is very important contemplate regulation corporations that prioritize outcomes over a paycheck. That is attention-grabbing for anybody searching for 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 converse English, however proficiency ranges can range, particularly exterior of the cities. Be certain that the lawyer you’re contemplating speaks English with a fluency that you simply’re snug 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 extremely 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 is going to be on them to information you thru the method and reply any questions you’ll 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 status

That is form of an apparent level, and it could 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 in regards to the candidate in authorized circles in your behalf, and even doing a Google search, might yield some key insights in regards to the lawyer’s previous. This may very well be the distinction between hiring their authorized companies in Colombia, or avoiding somebody who’s probably problematic. 

Biz Latin Hub may also 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 places of work 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 assist 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 search 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, try the remainder of our protection of the area. Or examine our workforce and knowledgeable authors.

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