Fees and timelines in 2024


payment by instalmentThe average fee per Colombia engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different Colombia entity types Cost Draft invoice
SLC (SAS) US$13,772 View invoice PDF
LLC US$13,390 View invoice PDF
PLC US$15,390 View invoice PDF
Bogota Free Zone US$16,740 View invoice PDF
Branch office US$17,200 View invoice PDF
Representative office US$15,200 View invoice PDF
Fast business setup solution + 6 months tax reporting US$42,150 View invoice PDF
Fast business setup solution US$27,740 View invoice PDF
Colombia LLC package US$31,550 View invoice PDF
Bitcoin LLC US$30,390 View invoice PDF

Click here to create your own Colombia invoice


The average Colombia company registration period is 16 weeks as outlined below:

Service LLC PLC SAS Branch Rep Office
Engagement planning 2 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Company incorporation period 6 weeks 8 weeks 8 weeks 7 weeks 6 weeks
Bank account approval 4 weeks 5 weeks 5 weeks 5 weeks 5 weeks
Internet banking approval 3 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Incorporation completion 1 week 1 week 1 week 1 week 1 week
Total engagement period 16 weeks 18 weeks 18 weeks 17 weeks 16 weeks

colombia business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Colombia, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
Guide to invest in Colombia free trade zone banco central de colombia Colombia's Minister of Trade, Industry and Tourism colombia government website Colombia's Ministry of Foreign Affairs - visa application