The Colombian Government issued Decree 598 (26 April 2020), which contains the Colombian holding company (CHC) regime regulations.

Background

The CHC regime was re-established when Law 2010 of 2019 reenacted Law 1943 of 2019, which was declared unconstitutional due to procedural flaws. The CHC regime may apply to any domestic company and foreign entities with an effective place of management in Colo…