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