= Doing Business reform making it easier to do business. 
= Doing Business reform making it more difficult to do business.
DB2013:
Starting a Business:
Colombia made starting a business easier by eliminating the requirement to purchase and register accounting books at the time of incorporation.
DB2012:
Starting a Business:
Colombia reduced the costs associated with starting a business, by no longer requiring upfront payment of the commercial license fee.
Paying Taxes:
Colombia eased the administrative burden of paying taxes for firms by establishing mandatory electronic filing and payment for some of the major taxes.
Resolving Insolvency:
Colombia amended regulations governing insolvency proceedings to simplify the proceedings and reduce their time and cost
DB2011:
Starting a Business:
Colombia eased the process of Starting a Business by reducing the number of days to register with the Social Security System.
Dealing with Construction Permits:
Colombia eased construction permitting by improving the electronic verification of prebuilding certificates.
DB2010:
Starting a Business:
Colombia eased the business start-up process by establishing a new public-private health provider (Nueva EPS) that enables faster affiliation of employees, and also set up a tool to pre-enroll online with the ISS (Social Security).
Dealing with Construction Permits:
Colombia has eased the process of dealing with construction permits with a new construction decree that categorizes building projects based on risk and allows electronic verification for certain documents.
Registering Property:
Colombia has made it easier to register property by making available on-line required certificates, as well as standard preliminary sale agreements free of charge.
Getting Credit:
Colombia improved its access to credit by passing a new credit information law that guarantees the rights of borrowers to inspect their own data and by introducing new rules making it mandatory for credit providers to consult and share information with credit bureaus.
Protecting Investors:
Colombia amended the Company Law that strengthened investor protections by making it easier to sue directors in cases of prejudicial transactions between interested parties.
Paying Taxes:
Colombia has eased the burden of paying taxes on businesses with electronic filing and payment of taxes, and reducing some payments.
Trading Across Borders:
Colombia implemented MUISCA, an electronic declaration system, and sped up the customs clearance process.
Resolving Insolvency:
Colombia passed several decrees continuing its efforts to regulate the profession of insolvency administrators.
DB2009:
Starting a Business:
Online company registration was introduced and other registration formalities were simplified including the certificates and the books resulting in time, cost and number o procedures reduction.
Dealing with Construction Permits:
Colombia made obtaining construction permits easier by fully adopting the "silence-is-consent" that reduces the total time to deal with building permits by 32 days, and a new unified application form for building permits eliminated 1 procedure.
Paying Taxes:
Electronic forms for tax payments integrated and unified., and electronic payment now mandatory for companies with more than 30 employees.
Trading Across Borders:
Due to improvements in the banking sector, implementation of e-payments, EDI, and risk management procedures export and import time decreased.
Resolving Insolvency:
Colombia introduced 2 new insolvency proceedings: a reorganization procedure to restructure insolvent companies and a mandatory liquidation procedure. Before, the term allowed to negotiate reorganization agreements was 6 months, with a possible extension of 8 months. The new law limits the term to 4 months, with only a 2-month extension.
DB2008:
Protecting Investors:
Colombia strengthened investor protections by requiring greater disclosure requirements in the annual report in case of related-party transactions.
Paying Taxes:
Colombia made it more costly for company to pay taxes by increasing the social security contribution rate. Time to comply was reduced, though, by the spreading of electronic facilities
Trading Across Borders:
Colombia eased trading across borders by extending customs and port operating hours.