Ease of Doing Business in
This page summarizes Subnational Doing Business in Colombia 2013 data for Medellín. The first table shows its rank among 23 cities/regions in Colombia. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.
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Starting a Business
Dealing with Construction Permits
This data shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes.
The total number of payments per year. The indicator reflects the total number of taxes and contributions paid, the method of payment, the frequency of payment, the frequency of filing and the number of agencies involved for the standardized case study company during the second year of operation.
The time it takes to prepare, file and pay (or withhold) the corporate income tax, value added or sales tax, and labor taxes, including payroll taxes and social contributions (in hours per year).
The total tax rate measures the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits.
The amount of taxes on profits paid by the business as a percentage of commercial profit.
The amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits.
The amount of taxes and mandatory contributions paid by the business as a percentage of commercial profit that are not already included in the categories of profit or labor taxes.
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