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Hotels & Leisure

Hotels & Leisure

The tourism industry in Colombia has experienced a significant growth in recent years.. Taking into account the geographical and cultural characteristics of Colombia, tourism seeks to consolidate itself as one of the most relevant and productive sectors of the national economy. Particularly, the hotel industry in Colombia has a very special potential, not only because of the previously mentioned aspects, but because it has significant tax benefits.

CMS Rodríguez Azuero and its Partners have advised operators, promoters and investors of several important hotel projects in Colombia. Our Partners have accompanied processes of constitution, construction and operation of hotel and leisure projects throughout the country. Specifically, the Firm has an extensive experience on advising the structuring, development and operation of convention centres, shopping centres, relaxation centres and in the generation of legal vehicles and frameworks that are appropriate for a long-term exploitation of useful assets. The Firm has also designed and accompanied the operation of financial saving schemes for traveling, as well as for foreign investment schemes in hotel projects.

CMS Rodríguez-Azuero provides specialized and comprehensive advice to its clients, from the structuring phase of the project until its completion and operation. For the development of hotels and leisure projects, the Firm offers advice to the client in a broad series of topics, including tax, corporate, regulatory, labour, fiduciary and real estate matters.


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17/03/2020
Golden shares: To what extent could they be abusive?
The contractual freedom provided by Law 1258, 2018 to the Sociedad por Acciones Simplificada (S.A.S.) is so wide that from its incorporation the shareholders may create tailormade shares, including the...
21/02/2020
Challenges and Opportunities for the construction sector with the new asbestos...
The Congress of the Republic of Colombia, through Law 1968 of July 11, 2019, prohibited the use of asbestos in the national territory in order to preserve the life, health, and environment of workers...
24/01/2020
Entrepreneur?
It is common for entrepreneurs to focus all their efforts in the development of their product or service. Due to this, vital legal issues are often left in second place, especially during the negotiation...
10/12/2019
Bogotá's Land Planning Plan
On November 2nd, the Council of Bogotá decided not to approve the draft revision of the Bogota Territorial Plan (POT), which was presented to that entity on September 8 by the administration of mayor...
05/11/2019
Payment of dividends using means different than money
Article 455 of the Colombian Code of Commerce regulates the payment of dividends using means different than money. The purpose of this article is to present a brief analysis of the different means, besides...
09/09/2019
On the income Tax exemptions for hotel projects
On June 14, 2017, the Constitutional Court granted a lawsuit against Paragraph 1 of Article 100 of Law 1819 of 2016 (Structural Tax Reform). The lawsuit was filed by Mr. Gustavo Adolfo Toro Velasquez...
05/08/2019
Exploitation of land in Colombia
To this day, Colombia has not implemented a comprehensive territorial policy that allows an efficient use of land in the country. This is the case, among other issues, because of the absence of sufficiently...
08/07/2019
The change of control clauses in the context of the free negotiability...
It is common in continuing contracts to agree on the obligation for the contractor to seek prior authorization from the public entity if there is a change of shareholding control (change of control clause)...
07/06/2019
Online Property Auction
In recent years, the Colombian real estate market has evolved with technology, creating new ways to access and interact with it. A clear example of this in Colombia, is the emergence and popularity of...