Technology, media and communications are key to Colombian economy across most sectors and industries. Also, from the Colombian Government perspective, TMC have been at the centre of public investment, including significant investments in social infrastructure. An example of this is the development of the first 1500 free wi-fi spots across the country since 2010.
Also, major technology, media and communications M&A transactions have taken place in the country in the last few years and technology and creative industries exports have reached more than USD$600 million in the last five years.
Many FINTECH companies and businesses have also developed in the country and important regulations have been issued regarding the FINTECH industry.
CMS Rodriguez-Azuero has worked with and advised many technology, media and communications clients and deals in connection with Anti-money Laundering and Anti-corruption related matters, taxes, disputes and arbitration, IP, data privacy and M&A transactions. Our firm has also advised clients in launching new FINTECH companies including very first Electronic Deposits and Payments Specialized Corporation -SEDPE- created in Colombia (2017), as well as in the incorporation of crowd funding platforms and payment platforms (including Pagos Online -PayU-).
At CMS, our global team of over 300 specialist lawyers has been exposed to virtually every risk and challenge you may face. With our long-standing focus on Technology, Media and Communications, we are best-placed to deliver innovative solutions and timely advice through our award-winning disputes, corporate, IP, commercial, competition, finance, data privacy and security, employment and tax practices.