Attitude Consulting Survey LATAM | Page 18

LATAM: Foreign Investors Survey 2017 ttitude Consulting

COLOMBIA

Greater Attractions
Attractions in the sectors of mining, gas / oil, infrastructures( those that have invested in 4G roads without financial support sell positions).
Political Risks?
Does not exist.
Adequate Labor Laws?
Labor regulations not as serious as in other countries of the region, individually, or as burdensome, collectively, but these are factors that investors should consider in structuring the business.
Adequate Transparency and Corruption Framework?
The regulatory framework exists although corruption continues to exist.
Suitable Fiscal Framework for Foreign Investment?
Complex fiscal framework, not suitable for foreign investment and it increases tax rates at the end of the year. Beware the fiscal deficit, the cost structure( loss of competitiveness).
Proper Framework for Promotion and Mutual Investment Protection?
Yes.
Advantages of Your country over Others in the Zone
Rule of law. Appropriate competition regime. Stable political power.
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Positive Medium Risk Negative