Colombia: Corporate Temporary vs Individual Permanent Net Worth

In brief

Legislative Decree No. 173 of 24 February 2026, as subsequently amended by Decree No. 240 of 12 March 2026, introduced a Net Worth Tax applicable to legal entities. This tax is separate and independent from the Net Worth Tax applicable to individuals who are Colombian tax residents, as well as to non‑residents in respect of assets located in Colombia. In the case of branches of foreign companies and permanent establishments, the concurrent application of both taxes may arise, depending on the nature of the taxpayer and the taxable net worth.

Download the full version of Colombia: Corporate Temporary vs Individual Permanent Net Worth.

Download the Spanish version of Colombia: Corporate Temporary vs Individual Permanent Net Worth.