Tax
Latin America Guide 2025 : Colombia
Band 1
Email address
[email protected]Contact number
+57 1 634 8533About
Provided by GodoyHoyos
We provide legal advice to our clients, both in the private and public sector, in their tax planning decisions, the tax structuring of local and international transactions, the drafting of regulations that conform to the technical standards of their businesses, tax compliance, the submission and defense of transfer pricing studies, represent them both before the tax administration and in court in tax cases and assist them in any matter with tax ramifications. We have a worldwide network of correspondent law firms enabling us to provide tax and legal advice on international transactions. Our team has experience in tax matters and transactions across multiple sectors, particularly in: power and energy, infrastructure, natural resources, financial markets, insurance, commodities markets, information and telecommunications technologies, digital economy and farming, among others. We also provide advice to governments in the perfecting of their public policies.
Chambers Review
GodoyHoyos is a leading boutique firm that boasts a highly dedicated tax team in Colombia. The firm possesses extensive experience acting on a range of mandates spanning global transfer pricing, tax planning matters related to project structuring, and counselling on legislative reform. GodoyHoyos shows prowess in handling cases before the competent authorities, including the DIAN. The legal practice has noted activity advising on the tax implications of energy-related operations, in particular advising hydrocarbon companies.
Work Highlights
- GodoyHoyos defended OPP Graneles against sanctions for non-payment of sales tax by demonstrating the VAT exemption applicable to a number of specific activities.
Strengths
Provided by Chambers
"GodoyHoyos' approach and perspective are comprehensive with a high-quality analysis that demonstrates critical thinking, creativity, and rigour in exploring various options and scenarios."
"GodoyHoyos is a firm with extensive experience in tax law matters, and it continues to consolidate itself as one of the strongest firms in the market in this type of matter."
"GodoyHoyos' approach and perspective are comprehensive with a high-quality analysis that demonstrates critical thinking, creativity, and rigour in exploring various options and scenarios."
"GodoyHoyos is a firm with extensive experience in tax law matters, and it continues to consolidate itself as one of the strongest firms in the market in this type of matter."
Notable Practitioners
Bogotá-based practitioner and co-head of department Catalina Hoyos Jiménez advises clients on regulatory compliance, transfer pricing, and contentious tax cases, as reported by clients and market insiders, who hold her in high esteem for her prowess in the Colombian legal market.
"Catalina Hoyos Jiménez is an excellent practitioner with a highly critical and strategic vision."
"She is a very well-versed professional with extensive knowledge, very astute, and agile in analysing and visualising the panorama of the issues. She also knows how to handle the client very well."
Recognised partner and co-head of department Juan Pablo Godoy Fajardo regularly assists clients with the tax implications of transactional mandates and regulatory compliance in Colombia.
"Juan Pablo Godoy Fajardo has worked in various industries and practice areas, which has given him a broad perspective on the legal issues and challenges that different sectors face."
"He is an experienced professional in the tax area. He knows how to handle complex issues with a high level of attention and professional awareness, and his conclusions have a high level of analysis."
Ranked Lawyers at
GodoyHoyos
Colombia
Members
Provided by GodoyHoyos
Catalina Amaris
Head of Department
Head of Department
Luis Felipe Noreña
Clients
Provided by GodoyHoyos
Cenit S.A.S.
Chubb Serguros Colombia, S.A
Compañía Colombiana de Tabaco S.A. (Philip Morris)
Concesionaria Desarrollo Vial al Mar S.A.S. (“Devimar”)
Credicorp Capital
Desarrollo Vial de Nariño (“Devinar”)
Empresas Públicas de Medellín, ESP (EPM)
ExxonMobil de Colombia S.A
Familia
Grupo Nutresa
Grupo de Inversiones Suramericana S.A
Grupo Éxito
Interconexión Eléctrica S.A. E.S.P (ISA)
Louis Dreyfus
Mafer Real Estate de Colombia SAS
Occidental de Colombia
Prodeco-Glencore Group
Quala
Quipux
Sacyr Concesiones Colombia S.A.S
Telefónica Móviles Colombia (Movistar)
Trafigura
Vitol Colombia CI, SAS
Industries
Provided by GodoyHoyos
Commodities markets
Information Technology and Communications
capital banking and capital markets
consumer products
infrastructure
oil and gas
startups