Bogota Foreign Investment Guide

09. Labor System

What is inside?

Preliminary stage

  1. Migratory Regime
  2. International Investment Agreements & Trade Treaties
  3. Foreign Investment Incentives
  4. Foreign Investment & Currency Exchange Regime
  5. Business Creation
  6. Tax Regime
  7. Intellectual Property

Investment stage

  1. Financial Regime
  2. Labor System
  3. Real Estate Acquisition and Leasing
  4. Customs Regime and Free Trade Treaties

On operation

  1. Public Procurement Regime
  2. Mergers and Acquisitions (M&A) Processes
  3. Competition Regime
  4. Environmental Regime
  5. Green Investments
  6. Investment in Dynamic Ventures
  7. Cross-Border e-Commerce
  8. Conflict Resolution Mechanisms

Business close stage

  1. Corporate Insolvency Law

In Colombia, there is no federal system, and for that reason, labor laws are applied throughout the entire national territory. On one hand, there are specific rules governing the relationships of certain public employees; on the other hand, the Substantive Labour Code (CST) regulates labor relations in the private sector and is divided into individual and collective regimes.

The individual regime outlines the various types of employment contracts that define the relationship between worker and employer. In this chapter, you will find a classification of these contracts:

  • According to how they are concluded: verbal or written.
  • According to their duration: fixed term, indefinite term, for a specific project or task, and occasional.

From this, all the information related to labor obligations is derived: the remuneration or salary that workers receive; the social benefits that the employer must pay (severance pay, interest on severance, service bonuses, among others); the types of work shifts currently in effect in Colombia; licenses; and contributions to social security.

Collective rights pertain to the relationships between employers and labor organizations, that is, employee unions. This is significant when determining special conditions for union members, who cannot be dismissed without the intervention of a labor judge. It is also important in negotiating labor conditions through collective bargaining with union associations.

To delve deeper into the information provided, as well as to learn about other aspects of the labor regime in Colombia, we invite you to download and consult the complete chapter.

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Legal notice

In compliance with the provisions of Article 10 of Decree 1377 of 2013, regulatory of Law 1581 of 2012, THE CORPORATION FOR DEVELOPMENT AND PRODUCTIVITY BOGOTA REGION-REGION DINAMICA -INVEST IN BOGOTA (hereinafter INVEST IN BOGOTÁ), as the data controller of the personal data obtained through the different management and information and contact channels offered through its web portal or other means of contact, requests investors, entrepreneurs, allies, journalists, suppliers, users, and in general, any natural person holding personal data who has been a user of the services and/or products offered by INVEST IN BOGOTÁ,authorization to continue with the processing of your personal data in accordance with the privacy policies that have been established under the parameters of Law 1581 of 2012 on Personal Data Protection in Colombia. The information and personal data provided to INVEST IN BOGOTÁ may be processed, collected, stored, used, circulated, deleted, shared, updated and/or transmitted, in accordance with the terms and conditions of the privacy policies established by the corporation, as applicable, mainly for promotional, commercial, administrative, contact and in general, to enable the provision of its services and the disclosure of its products and services. In accordance with the procedures contained in Law 1581 of 2012 and Decree 1377 of 2013, holders may exercise their rights to know, update, rectify and delete their personal data by sending their request the email pqrf@investinbogota.org if you prefer, by contacting in Bogota to telephone 317 7806 158 nationwide or thePOL-DE-05. V06. Personal Data Treatment Policy.pdf may be consulted on the Invest in Bogotá website.