Americas · Tax guide

Colombia

Colombia taxes companies at 35%, with a minimum effective rate of 15%, charges VAT at 19%, and requires electronic invoicing and payroll. Thresholds are set in tax value units (UVT). Taxes are administered by the National Tax and Customs Directorate (DIAN).

Updated 1 October 2026 · 6 of 9 figures checked against official sources

Check your obligations

At a glance

Corporate income tax
35%

Minimum effective rate 15%

VAT (IVA)
19%

Standard rate

Tax value unit (UVT)
COP 52,374

For 2026

Withholding on payments abroad
20%

Before treaty relief

Municipal ICA
about 0.2% to 1.4% of gross income

Of gross income

Digital sellers (SEP)
3%

Optional tax on gross income

Corporate income tax

Companies pay 35%, topped up if needed to a minimum effective rate of 15%. Returns are filed in April or May, paid in instalments.

VAT and electronic documents

VAT is 19%, filed every two months or every four months depending on income. Individuals with income below COP 183,309,000 can be non-VAT-responsible. Invoices, payroll and support documents must be electronic and validated by DIAN.

Municipal taxes

Municipalities charge the industry and commerce tax (ICA) of about 0.2% to 1.4% of gross income, depending on the activity and city.

Payments abroad

Payments for services, royalties, technical assistance and dividends abroad carry 20% withholding before treaty relief. Foreign digital sellers with significant economic presence can opt for a tax of 3% on gross income. Groups with revenue of €750 million or more file country-by-country reports.

Key dates

  • MonthlyWithholding tax return
  • Every two or four monthsVAT return
  • April–MayCorporate income tax return

Figures and sources

9 figures
  • Corporate income tax rate35%
    Estatuto Tributario · Art. 240
    Checked against the official source
  • Minimum effective tax rate for companies (tasa mínima de tributación)15%
    Estatuto Tributario (Law 2277 of 2022) · Art. 240 par. 6
    Checked against the official source
  • VAT (IVA) standard rate19%
    Estatuto Tributario · Art. 468
    Checked against the official source
  • Tax value unit (UVT) for 2026COP 52,374
    DIAN Resolution for 2026
    Checked against the official source
  • Withholding on services, royalties, technical assistance and dividends paid abroad (before treaty relief)20%
    Estatuto Tributario · Arts. 406–408
    Checked against the official source
  • Municipal industry and commerce tax (ICA)about 0.2% to 1.4% of gross income
    Municipal tax statutes
    Under professional review
  • Optional tax on gross income for foreign digital sellers with significant economic presence3%
    Estatuto Tributario (Law 2277 of 2022) · Art. 20-3
    Checked against the official source
  • Annual income (3,500 UVT) below which individuals can be non-VAT-responsibleCOP 183,309,000
    Estatuto Tributario · Art. 437 par. 3
    Under professional review
  • Group revenue for country-by-country reporting€750 million
    Estatuto Tributario, Art. 260-5
    Under professional review

Indicative only. This assessment is a high-level overview of tax obligations in Colombia based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a Colombian public accountant or tax lawyer before making compliance decisions.