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COVID-19 | Latest Developments

COVID 19 | Strict mandatory preventive isolation in 15 of the 20 boroughs in Bogota and other measures | July 13

Strict mandatory preventive isolation in 15 of the 20 boroughs in Bogota and other measures under the general orange alert declared in the city Decree 169 of the Mayor’s Office of Bogota, issued on July 12, reduced the 44 exceptions that had been authorized at the national level, to only 22 . The reduced number […]

COVID 19 | INFORMATIVE BULLETIN | JUNE 12, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Competition and Consumer Protection Law Labor and Immigration Law Tax Law and Customs Intellectual Property Natural Resources, Environmental & Energy You can download the bulletin in the next link. Notice: […]

COVID 19 | Update: Impact in LATAM Intellectual Property Offices | June 11

In this bulletin, prepared by our specialists, you will know the current status of the Intellectual Property Offices in Latin America countries. You can download the bulletin in the next link. For legal issues related to Intellectual Property, please contact Mónica Bonnett at monica.bonnett@phrlegal.com Notice: This publication and its content are for informational purposes. It […]

COVID 19 | WP: Decree 817 of 2020 gives the possibility for S.A.S. to issue debt securities and carry a public offer

Posse Herrera Ruiz publishs for your information the WhitePaper “Legislative Decree 817 of 2020 gives the possibility for simplified stock companies to issue debt securities and carry a public offer addressed to qualified institutional buyers in what is known in Colombian capital market as the second market”. You can download the WhitePaper in the next […]

COVID 19 | INFORMATIVE BULLETIN | JUNE 05, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Competition and Consumer Protection Law Real Estate and Urbanistic Law Labor and Immigration Law Tax Law and Customs Infraestructure You can download the bulletin in the next link. Notice: This […]

COVID 19 | INFORMATIVE BULLETIN | MAY 29, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Real Estate and Urbanistic Law Labor and Immigration Law Tax Law and Customs Infraestructure You can download the bulletin in the next link. Notice: This publication and its content are […]

COVID 19 | INFORMATIVE BULLETIN | MAY 22, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Labor and Immigration Law Tax Law and Customs Infraestructure You can download the bulletin in the next link. Notice: This publication and its content are for informational purposes. It does […]

COVID 19 | Formal Employment Support Program Regulation

Through Decree 677 of 2020 and Resolution 1129 of 2020 of the Ministry of Finance and Public Credit, and the External Circular 001 of 2020 from UGPP, it was modified and regulated the Formal Employment Support Program (“PAEF”) created by Decree 639 of 2020. In this bulletin, prepared by our specialists, you will find the […]

COVID 19 | Update: Impact in LATAM Intellectual Property Offices | May 15

In this bulletin, prepared by our specialists, you will know the current status of the Intellectual Property Offices in Latin America countries. You can download the bulletin in the next link. For legal issues related to coronavirus, please contact Mónica Bonnett at monica.bonnett@phrlegal.com Notice: This publication and its content are for informational purposes. It does […]

COVID 19 | Resumption of merger control proceedings | May 12

The Superintendence of Industry and Commerce issued Resolution No. 20476 of 2020, by which it resumed the terms of the administrative procedure for prior control of business integrations. Within the framework of the sanitary and economic emergency that the country is currently facing, the National Government has eased the measure of mandatory preventive isolation, permitting […]

COVID 19 | INFORMATIVE BULLETIN | APRIL 24, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Labor and Immigration Law Infraestructure Natural Resources, Environmental and Energy Law Telecommunication Sector You can download the bulletin in the next link. Notice: This publication and its content are for […]

COVID 19 | Measures related with visa application processes and suspension of legal terms | April 24

Resolution 1296 of 2020 On April 21, 2020, the Ministry of Foreign Affairs issued Resolution No. 1296 establishing measures as to visa application processes and the suspension of some legal terms. Below you will find the main aspects to consider: The foreigners that are currently within Colombia territory can apply for a visa through the […]

COVID 19 | Additional measures for employment protection | April 20

Circular 033 of 2020 of  Ministry of Labor On April 17, 2020, the Ministry of Labor issued Circular 033 of 2020, which sets out additional measures for employment protection, considering that the mandatory isolation measures were extended until 00:00 hours on April 27, 2020. The additional measures indicated by the Ministry of Labor are the […]

COVID 19 | INFORMATIVE BULLETIN | APRIL 17, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Real Estate and Urbanism Law Labor and Immigration Law Infraestructure Natural Resources, Environmental and Energy Law Health Sector Telecommunication Sector You can download the bulletin in the next link. Notice: […]

COVID 19 | Temporary Reduction of the Mandatory Pension Contribution | April 17

Decree 558 of 2020 The Ministry of Labor issued Decree 558 of 2020, enforcing measures to temporarily reduce the amount of the mandatory contributions to the General Pensions System (“GPS”) and to protect the pensioners on the programmed retirement mode. Public and private employers can decide to pay 3% instead of a 16% pension contribution […]

COVID 19 | Executive Order 538 of 2020 permitted temporarily the provision of non-habilitated healthcare services | April 16

Executive Order 538 of 2020 permitted temporarily the provision of non-habilitated healthcare services In this bulletin, prepared by our specialists, you will find the main points that are developed by the Executive Order 538 of 2020 by which the National Government of Colombia issued new measures addressed to the healthcare sector, principally permitted temporarily the […]

COVID 19 | INFORMATIVE BULLETIN | APRIL 08, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Competition and Consumer Protection Law. Financial Law & Capital Markets. Labor & Immigration Law. Tax Law, Customs and International Trade. Infrastructure. You can download the bulletin in the next link. […]

COVID 19 | Financial Law & Capital Markets

Measures adopted by the Basel Committee and the Colombian Financial Superintendency regarding the economic emergency derived from COVID-19 Within the framework of the COVID-19 pandemic declared by the World Health Organization (WHO), financial markets have been strongly affected in terms of liquidity standards available to allow the continuity of investment, loans and other financial operations […]

COVID 19 | INFORMATIVE BULLETIN | APRIL 03, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Competition and Consumer Protection Law. Financial Law & Capital Markets. Labor & Immigration Law. Tax Law, Customs and International Trade. Infrastructure. Intellectual Property Natural Resources, Environmental & Energy. Dispute Resolution. […]

COVID 19 | Financial Law & Capital Markets

Regulatory Update Colombian Financial Superintendence (CFS) The CFS has made decisions that allow that financial institutions grant new conditions for their loans, such as grace periods, increased terms, among others. This redefinition applies to commercial credits, microcredits, consumer, and mortgage loans, without limitation on the number of obligations. In order to develop the above, the […]

COVID 19 | Extension of deadlines in tax matters

Extension for filing and payment of taxes in Bogotá D.C. The local Tax Authority extended deadlines to pay industry and commerce tax, property tax and tax on vehicles. As a consequence of health emergency in Colombia due to the spread of COVID-19 –Coronavirus –, the local government extended deadlines to pay the aforementioned taxes as […]

COVID 19 | LABOR & IMMIGRATION BULLETIN | Legislative Decree 488, 2020

In this bulletin, prepared by our specialists, you will find the measures adopted through the Legislative Decree 488, 2020, which aims to promote the preservation of employment within the Economic, Social and Ecological Emergency that Colombia is facing due to COVID-19. COVID 19 | Legislative Decree 488, 2020 Bulletin For legal issues related to coronavirus, […]

COVID 19 | Implication in data privacy matters

In this bulletin, prepared by our specialists, you will find the main implications of COVID-19 in data privacy matters in Colombia. COVID 19 | Implications in data privacy matters For legal issues related to coronavirus, please contact Jorge de los Ríos at jorge.delosrios@phrlegal.com Notice: This publication and its content are for informational purposes. It does […]

COVID 19 | MANDATORY ISOLATION IN COLOMBIA

The National Government, in exercise of its extraordinary powers, issued Decree 457 on March 22, 2020, through which it ordered the mandatory preventive isolation of all the inhabitants of the Colombian territory as of zero hundred hours (00:00 a.m.) on Wednesday, March 25 until zero hundred hours (00:00 am) on Monday, April 13. In this […]

COVID 19 | INFORMATIVE BULLETIN | MARCH 20, 2020

In this bulletin, prepared by our specialist, you will find a compilation of the latest most important related to Covid-19 in the following practice areas: Corporate Law. Competition and Consumer Protection Law. Financial Law & Capital Markets. Real Estate & Urbanism Law. Labor & Immigration Law. White-Collar Crime Law. Tax Law, Customs and International Trade. […]

COVID 19 | FAILURE TO COMPLY WITH THE MEASURES

Pursuant to Colombian Criminal Code, it is considered a crime against the public health the violation of sanitary measure or the propagation of epidemic with criminal intent.  Therefore, in case of breach of the imposed measures, individuals and legal representative of companies may be prosecuted by the Colombian General Attorney’s Office on allegations of violation […]

COVID 19 | COLOMBIAN SUPERINTENDENCY OF FINANCE SUSPENDS ALL CURRENT PROCEEDINGS

Due to the current sanitary situation, the Colombian Financial Superintendency (“CFS”) issued Resolution 305 of March 17th, 2020, by which all administrative proceedings taking place at the CFS have been suspended. This means that authorization, sanctioning, and other proceedings that require a response from the CFS will be suspended from March 17th, 2020 until April […]

COVID 19 | CHANGES IN THE EDUCATION METHODS

Finally, the government has instructed official schools and universities to suspend all face-to-face classes and use available technological tools to proceed with virtual classes.  Private schools and universities are following the same recommendations and important universities have adopted mechanisms to conduct programs digitally.  Nonetheless, it is important to highlight that the government has not declared […]

COVID 19 | SOCIAL EVENTS

As part of the “yellow-level alert”, the municipality of Bogotá has forbidden any and all social with an agglomeration of 1,000 or more people in Bogotá.  Nonetheless, after the declaration of the health emergency by the national government, any social event which could represent an agglomeration of more than 50 people (after an initial ban […]

COVID 19 | TRAVELLING AFFAIRS

The most significant and drastic controls have been implemented in travelling affairs.  The government decided to (i) forbid the entrance of any foreigner that is not a Colombian resident, (ii) implement a preventive isolation of all Colombian citizens and residents arriving from abroad, (iii) request those passengers to fill and submit a “Preventive Control of […]

COVID 19 | LABOR CHANGES

The government has not declared any global quarantine measure that affect the operation of the companies in a drastic way. Nonetheless, with the issuance of the executive orders 17 of 2020 and 18 of 2020, it has been implementing some measures tending to avoid the spread of the outbreak and to obtain reports of suspicious […]

COVID 19 | ECONOMIC AIDS AND FINANCIAL GRANTS

Regarding the economic aids and financial grants, the government has announced the creation of a new credit line subsidized by the national government with Bancoldex for up to COP 250,000,000,000 (US$ 64,000,000 approx.) for the tourism and aviation industries with the aim of supporting the liquidity of these industries affected by the outbreak. Moreover, the […]

COVID 19 | TAX AND CUSTOM REGULATION

In order to protect the economy and to create a relief atmosphere for the productive sector of the economy, especially for the tourism and aviation industries, the President of Colombia has declared changes in the tax and fiscal calendar during the first semester of 2020. According to the most recent public statements, the government has […]

COVID 19 | THE JUDICIAL SYSTEM

The Supreme Council of the Judiciary has declared the suspension of judicial terms as from March 16th, 2020 and the cancellation of public hearings during the following week (until March 20th, 2020). According to the advances of the sanitary measures implemented by the government, the Supreme Council may extend the measure for an additional period. […]

COVID 19 | UPCOMING SHAREHOLDERS GENERAL ASSEMBLY AND OTHER CORPORATE BODIES’ MEETINGS

Possibility of changing an already summoned physical presence meeting. Companies that as of March 13, 2020 had already sent convened to hold a physically presence meeting of the board of partners, shareholders assembly or the board of directors, may, up to one day prior to the day scheduled for such meeting, deliver a notice to […]

COVID 19 | MEASURES GENERALLY

Upon WHO announcement of Coronavirus as a global pandemic (03/12/2020), the President of Colombia has declared a health emergency in Colombia to enable the government to pass administrative and executive orders oriented to control and mitigate coronavirus outbreak in Colombia, yet capable of potentially impacting social events, education programs, the judiciary system, labor hours, public […]

COVID 19 | FLASH NEWS | DECREE 398 OF 2020

In this flash news, prepared by our specialists, you will find the main points of the Decree 398 of 2020 which stablish the development of non face-to-face board of partners, shareholders assemblies and board of directors meeting in accordance to the necessity to facilitate mechanisms that avoid the risk of propagation of acute respiratory illness […]

COVID 19 | LABOR AND IMMIGRATION BULLETIN

In this bulletin, prepared by our specialists, you will find the main points of the External Circular 0018 issued by the Ministry of Labor of Colombia which establishes some protection actions related with the Covid-19. Covid 19 | Labor & Immigration Bulletin Notice: This publication and its content are for informational purposes. It does not […]

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