Hiring in Colombia

Colombia, South America’s second-most populated country, is synonymous with three things: amazing coffee, amazing ecological diversity and the war on narcotics that has created heroes, antiheroes, and a severe strain on development. Now, things are looking brighter. Colombia has a huge population, abundant natural resources and an educated, diverse workforce that is helping Colombia to shake off its turbulent past and step into the future.

Coffee still features prominently in Colombia’s economy, but mining and manufacturing, which make up a third of Colombia’s exports, dominate. Colombia’s GDP is one of the fastest growing in the Americas, thanks in part to a more cohesive workforce and improved security.

Colombia has extensive labour laws and hiring must be done through a registered entity. Foreign investment is welcomed but is usually limited to other Spanish-speaking nations, thanks to the strong links between Colombia and the Iberian peninsula. Colombians are covered by extensive employment laws.

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Why use TopSource Worldwide in Colombia?

We free your teams from the burden of managing payroll across borders, working diligently to ensure a seamless process across all activities.

We’ll manage the data flow from you to every local market and will return data to you in a readable format for each of your key teams, including payroll journals if needed.

Our services combine process excellence with a human-centric approach, and our top priority is always the care and compliance of your payroll — no matter where in the world you operate.

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  • Leverage our experience and ensure in-country Payroll compliance.
  • Reduce processing and back office time.
  • Align processes, reducing complexity and risk
  • A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.
  • Flexibility of service — adapting to your needs, regardless of the market.
  • The option to work with other providers you already have in place, if needed.
  • Global HR data management and data tracking where required.
  • Global payments support for both employees and authorities.
  • A dedicated team and account manager so that you always have a central point of contact

What TopSource Worldwide provides in Colombia

  • Simplicity – we provide one monthly consolidated invoice for the services provided inclusive of salaries, taxes, fees and employee expenses. This reduces banking costs and your finance teams time spent.
  • One point of contact – a single Account manager looking after all your Payroll.
  • Compliance – all funds payable to the employee are processed through payroll. You receive monthly evidence of taxation paid to the competent authorities in country.
  • All services are provided by in-country experts that are professionally qualified in their respective fields.
  • Electronic payslips for all employees.
  • All Statutory filing completed by TopSource Worldwide.

We appreciate each situation and business is different. That is why we offer a consultative and bespoke solution to every client. We know one size does not ‘fit all’.

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