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Taxes German expat in Colombia (Bogotá)

Hi everyone,

I am working for a German company for almost 3 years. Now I will move to Bogotá with the TP4 Visa to open a new "daughter company" for the one in Germany.

The point is that I do not know anything about taxes and what is better for me. Some would say that 2 contracts (one in Germany and other in Colombia) is better, but others say that just one contract in Colombia is much better.

Could anyone help me explaining the differences between one and the other and how much would I pay with both of them? I am completely lost.

Thank you very much!

Regards

Bogotá Forum

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