In the first quarter of 2019, the Gross Domestic Product -GDP- grew 2.8% compared to the same period of 2018. Wholesale and retail trade was one of the activities that drove the growth. The economic activities that contributed most to this dynamic are: wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and … Read more
By means of a draft decree, the Ministry of Finance seeks to regulate the tax incentives for “orange economy” companies, in order to establish the rules for business reorganizations by companies that opt to access the benefit of exempt income. The Financing Law 1943 of 2018, through its Article 79, amended Article 235-2 of the … Read more
To prepare the report, the entity created an Orange Economy Information System (Siena) and used statistical information from the DANE and the Ministry of Culture. The Dane revealed the first indicators of the orange economy in the country. In the document entitled Orange Economy first report 2019 it is recalled, as background, that between 2014 … Read more
Companies belonging to the orange economy will not pay rent for 7 years. They must have as their exclusive corporate purpose the development of technological value-added industries and creative activities. They must create a minimum number of jobs, which in no case may be less than 3. On February 26, 2020, President Iván Duque signed … Read more
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