Recent news

Latest items of recent news relevant to Colombia as reported in our fortnightly newswire ‘Dernières nouvelles’. 

Colombia: Minimum wage in 2021

The minimum wage increased on January 1st 2021 by 3 …

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Colombia: Classification of trial periods

The Ministry of Labor has advised that the health emergency does not automatically give a licence to employers to dismiss workers, even when serving probationary periods …

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Colombia: New Special Stay Permit (PEP) for Venezuelans Released

Until 15th February 2021, Venezuelan citizens who can prove they entered Colombia before 31st August 2020, may legalize their presence in the country by applying for a Special Stay Permit (PEP), which is valid for two years …

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Colombia: Disabled employees and redundancy

A recent case before the High Court of Justice – and subsequently the Labor Chamber of the Supreme Court of Justice – underlines the risks an employer takes if they seek to make an individual redundant should they be recognised as disabled …

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Colombia: Responsibility for payment of social security

A recent communication from the Ministry of Labor sets out the responsibility for payment of social security (health and pension) during the suspension of an employment contract …

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Colombia: Service premium

The Ministry of Labor and the Supreme Court of Justice have both pointed out that where there is a temporary suspension of labor, a company must continue to honour the so-called “service premium” …

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Colombia: Company contributions for the education of employees

Government Decree 1013 modifies the tax statute in respect to company contributions for the education of employees …

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Colombia: Transport payments

Decree 771 issued by the Ministry of Information Technologies and Communications requires employers to automatically convert all payments made for transport to work into equivalent “digital connectivity” payments if the employee is asked to work from home …

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Colombia: Tax-free financial aid

Under a new Ministerial Decree (801), workers who have lost their job since 12th March 2020 and paid into social security for at least 6 months in the last 5 years will be entitled to receive monthly tax-free financial aid amounting to 160,000 pesos (US$44 …

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Colombia: Unemployment benefit

Employees outside the upper echelons of a company have a right to receive an unemployment allowance, paid into a special fund chosen by the employee – by February 14th each year …

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Colombia: Government offers work permits for Venezuelan migrants

The government of Colombia is offering work permits for Venezuelan migrants to legalise their presence in the country …

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Colombia: New minimum wage for 2020 rises by 6%

The monthly gross minimum pay level has increased by 6% to 877,803 Colombian pesos (US$267) …

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Colombia: Companies are no longer obliged to pay social security contributions for their independent contractors

Although a law passed last year, but effective this June, required companies to pay the social security contributions of the contractors they utilized, things have now changed …

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Colombia: Corporate tax rate reduction

A Bill has been approved by the Congress of the Republic that would establish 9% corporation tax relief for employers who hire employees over the age of 50 …

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Colombia: Government plans temporary work permit for undocumented Venezuelans

The government is preparing temporary work permits for undocumented Venezuelans as thousands enter the country and work in the informal economy …

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