Hiring in Colombia
Explore streamlined payroll outsourcing in Colombia, South America's second-most populated country known for amazing coffee and ecological diversity. Emerging from a challenging history, Colombia now embraces a bright future with its large population, abundant resources, and educated, diverse workforce.
While coffee remains a significant part of the economy, mining and manufacturing play a dominant role. Colombia's GDP is rapidly growing in the Americas, fueled by a cohesive workforce and enhanced security.
Colombia boasts extensive labour laws, requiring hiring through registered entities. Foreign investment, primarily with Spanish-speaking nations, is welcomed, reflecting strong ties with the Iberian Peninsula. Colombian workers benefit from comprehensive employment laws. Elevate your business in this dynamic market with expert payroll outsourcing in Colombia.
Extensive payroll service expertise in Colombia
Outsourcing your payroll function to us unlocks efficiency and precision in your payroll management.
We take compliance seriously and ensure that your payroll always aligns with the latest regulations.
With our in-depth payroll knowledge, we offer valuable insights and recommendations for your specific needs.
Localised payroll expertise
We have a global network of experts who handle all aspects of payroll in Colombia, ensuring you meet local compliance rules and account for cultural nuances.
Global Employee Cost Calculator
Estimate the cost of your new hire with our calculator. Simply enter their location and salary information in to this handy tool to see what will be spent in employment costs each month.
Hear from our clients about our payroll services in Colombia
With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves.
Annette van Duijnhoven
We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone.
TopSource Worldwide has a detailed and methodical onboarding process that made it easy for us to get set up and running with our UK employees. They were able to take the worry out of trying to comply with all local laws and regulations. Because they have this knowledge we do not have to research on our own and hope we are in compliance. This has saved us hours of time and gives both the company and employees a sense of security.
Personalised global payroll services in Colombia
End-to-end Colombia payroll services
Fully compliant corporate payroll
Personalised to fit your needs
Expert payroll service advisory
Key insights into Colombia's landscape
Currency: Colombian Peso (COP)
GDP: $336 billion (USD)
Population size: 51 million
Biggest industry: Agriculture
Cultural highlights: Lively salsa music, diverse landscapes, and a warm, welcoming culture.
Calculate Your Payroll Taxes in Seconds
Payroll tax calculator for employers in Colombia
If you struggle with payroll tax calculations and complying with the relevant regulations, then our payroll tax calculator is for you! It's easy to use and can help you calculate your payroll taxes in seconds. Simply enter your employee information, like salary amount, deductions, and benefits, and our calculator will do the rest.
In addition to calculating your payroll taxes, our calculator can also help you:
- Understand the different types of payroll taxes
- Stay up-to-date on the latest changes to payroll tax regulations
- Avoid penalties for non-compliance