Introduction Mergers and acquisitions (M&A) play a significant role in the Fintech sector. The Fintech industry is known for its rapid innovation and disruption. Mergers and acquisitions allow companies to consolidate their market position by acquiring competitors...
PM Legal News
Blockchain and Artificial Intelligence: technological and regulatory convergence on the horizon?
By: Daniel Peña Valenzuela The digital ecosystem continues to grow as a result of the increasing volume of data created in the information society and the latest technologies developed as a result of an unprecedented wave of investment, as well as technology startups...
Strengthening penalties for tax crimes in tax reform Law 2277 of 2022
The Constitutional Court issued strong support for the changes introduced by Law 2277 of 2022 regarding tax crimes. In its recent Ruling C-019 of 2024, the Court affirmed that the modifications made comply with the principles of "consecutivity and flexible identity...
Legal liability issues of artificial intelligence and corporate decision making
Artificial intelligence (AI) is now mainstream, in particular, in particular the most popular applications of generative AI. Companies have realized that it is a tool, in its different modalities and versions, that allows making processes more efficient and agile or...
February Newsletter 2024
Tax treatment of foreign companies with significant economic presence – PES As of January 1, 2024, the provisions of Law 2277 of 2022, regulated by Decree 2039 of 2023, will be implemented with respect to non-residents with significant economic presence (PES) in...
Legal Obligations 2024
Legal protection for innovation strategies
Innovation is crucial for the long-term success and competitiveness of companies in the rapidly evolving business landscape. To foster innovation, companies employ various strategies and approaches. To protect your innovation, you can utilize various forms of intellectual property (IP) rights. The choice of which IP protection to pursue depends on the nature of your innovation and your business goals.
The Supreme Court of Justice unifies the requirements for electronic invoicing as a value title:
Decision STC11618 of the Civil Cassation Chamber of the Supreme Court of Justice (SCJ), issued on October 27, 2023, established unified criteria on the requirements necessary to consider an electronic invoice of sale (EIS) as a value title. These requirements are...
The Superintendence of Corporations (SC) is now the entity in charge of supervising foreign non-profit organizations having an office in Colombia.
As we have previously reported, the Superintendence of Corporations (SC) is now the entity in charge of supervising foreign non-profit organizations having an office in Colombia. As part of their supervision powers, the SC is in the process of issuing regulation...