How to Incorporate a SAS in Colombia

The Simplified Stock Corporation (SAS) is the most popular corporate type in Colombia due to its flexibility and ease of incorporation.

Advantages of the SAS

• Limited liability: Shareholders are liable only up to the amount of their contributions
• Minimum shareholders: Can be incorporated with just 1 person
• No term limit: Unlike other corporate types
• Administrative flexibility: Does not require a statutory auditor in all cases

Steps to Incorporate a SAS

1. Draft the incorporation deed

It must include:

• Name, ID, and address of shareholders
• Company name followed by "S.A.S."
• Principal place of business
• Term of duration
• Corporate purpose

2. Authenticate the document

Before a notary public or through a private document.

3. Register with the Chamber of Commerce

• RUES form
• Commercial registration form
• Payment of registration tax

4. Obtain NIT from DIAN

• Single Tax Registry (RUT)
• Electronic invoicing

Need to incorporate your company?

At AJIN we guide you through the entire SAS incorporation process. Request a consultation.