The Colombian government has designed this mechanism so that companies can finance their Innovation, Research and Development projects in the short term.
Among the tax benefits, the legislation currently has the following:
To orange economy companies
Orange economy companies can design an innovation project that involves making investments in jobs and tangible and intangible assets and obtain this benefit.
tributaries of innovation
Companies that identify and design innovation and development projects will be able to deduct 100% of the investment and 25% of the tax to pay or access the tax credit directly from the liquid base of the income.
For the development of the Colombian countryside
Companies that identify and design innovation and development projects that improve the productivity of the countryside will be able to access the elimination of income tax for up to 10 years.