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Colombia

At a glance

  • Capital

    Bogotá

  • Currency

    Colombian Peso ($, COP)

  • Official Languages

    Spanish (official language)

  • Population Size

    52,156,254 (2022)

  • Ease of doing business

    Easy

  • VAT

    0.19

About

Colombia has transformed significantly over the past two decades, evolving into one of Latin America's most promising economies. With sustained political stability, modernized infrastructure, and enhanced security, Colombia is now a prime destination for global expansion. The country boasts the world’s fastest-growing information technology sector, along with strong performance in tourism, manufacturing, shipbuilding, and petroleum.

As opportunities in Colombia continue to grow, international businesses looking to establish a presence must be aware of the complexities of local employment regulations and the risk of creating a permanent establishment. Mauve Group operates through its own local entity in Colombia, providing flexible and fully compliant Employer of Record (EOR) solutions that allow you to hire staff without setting up a legal entity.

We also support your business with comprehensive global payroll management services and accurate salary benchmarking data to ensure competitive, fair compensation practices aligned with the local market.

Whether you're building a global workforce or need expert HR consulting services, Mauve Group ensures end-to-end business compliance while simplifying operational processes. With over 28 years of experience in global expansion, we are your trusted partner for seamless growth in Colombia.