Bogota Foreign Investment Guide
13. Mergers and Acquisitions (M&A) Processes
What is inside?
Preliminary stage
- Migratory Regime
- International Investment Agreements & Trade Treaties
- Foreign Investment Incentives
- Foreign Investment & Currency Exchange Regime
- Business Creation
- Tax Regime
- Intellectual Property
Investment stage
- Financial Regime
- Labor System
- Real Estate Acquisition and Leasing
- Customs Regime and Free Trade Treaties
On operation
- Public Procurement Regime
- Mergers and Acquisitions (M&A) Processes
- Competition Regime
- Environmental Regime
- Green Investments
- Investment in Dynamic Ventures
- Cross-Border e-Commerce
- Conflict Resolution Mechanisms
Business close stage

Mergers and Acquisitions (M&A) are seen by companies as valuable opportunities for market growth and can help address potential threats impacting their business. In recent years, Colombia has shown increased potential for M&A transactions, offering companies advantages such as expansion, resource access, and shareholder reorganization.
In this chapter, you will learn about the different stages of completing M&A transactions, the associated legal and tax implications, and the distinctions between acquisitions, mergers (where two or more independent companies combine their assets), and spin-offs (the total or partial separation of a company’s assets). Topics also include the regulatory framework, control over business integrations, and other key aspects of the M&A market.
- Financial Acquisition: aimed at maximizing returns through resale.
- Strategic Acquisition: aimed at medium- or long-term profitability along with taking control of the company.
To learn more about the benefits, regulatory framework, process, and requirements of the transactions, as well as the specifics of Joint Ventures (temporary business unions), download and consult the complete chapter.