Contributed by Raúl Fernando Hoyos Calderón, PKF Cabrera Internacional, Colombia
| VAT registration threshold – local establishment | Any legal entity that sells goods and/or provides services or performs other transactions subject to taxation in Colombia must register as 'responsible for VAT' in the Single Tax Registry ('Registro Único Tributario', or RUT) before starting the activity.
ÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌýÌý
Natural persons may register as 'not responsible for VAT' if they meet the conditions set forth in paragraph 3 of article 437 of the Colombian Tax Statute:
• Their total gross income from activities in the previous or current year is less than 3,500 UVT (see the note below).
• They do not have more than one commercial establishment, office, headquarters, premises or business where they carry out their activity.
• In their commercial establishment, office, headquarters, premises or business, activities are not carried out under franchise, concession, royalty, authorisation or any other system that involves the exploitation of intangibles.
• They are not customs users.
• They have not entered into contracts for the sale of goods and/or provision of services taxed for an individual value equal to or greater than |
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 17:09