Orange economy companies are those legal entities that pay income tax in the ordinary regime, with their main place of business in Colombian territory, and whose corporate purpose is focused on the development of technological value-added industries and creative activities.
These companies are entitled to a tax incentive for exempt income if, in addition to meeting the requirements that will be set forth blow, they have been incorporated and started their economic activity before June 30, 2022.
Once it has been verified that the company indeed develops an orange economy activity, it will be necessary to verify that the company also meets the following requirements: (i) to have its main place of business within the territory; ii) to be legally incorporated; (iii) to have an annual fiscal gross income of less than (80,000) UVT, equivalent to COP 3,040,320,000 in 2022; (iv) to be registered in the Single Tax Registry as a taxpayer of the…
