Fiscal Management of Joint Venture Contracts

Tax attorney Rafael Lafont wrote column for El Heraldo about the fiscal management of joint venture contracts. He highlights how these contracts facilitate economic collaboration between silent partners and managers, offering significant tax benefits such as exemptions from income tax and Value-Added Tax (VAT). The article explains the importance of staying updated on compliance obligations, including new reporting requirements in the Unified Register of Final Beneficiaries (RUB) and changes in the management of withholding tax according to the National Tax and Customs Directorate (DIAN). Mr. Lafont warns that, although these structures remain advantageous, it is crucial to properly implement the changes to optimize their tax benefits.

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