Benefits of formality and risks of informality

Remember the importance of having your business or company registered, accessing all the benefits that formality provides, thus avoiding the risks generated by informality.

I have operated without commercial registration for a long time and nobody has told me anything. I did not know that the commercial registry was mandatory.

It is the obligation of every merchant to register in the Commercial Registry and to record in it all acts, books and documents for which the law requires this formality, among others.

False

According to Article 19 of the Code of Commerce. Be up to date with the renewal of your Commercial Registration and go ahead with your business. Take advantage of the benefits offered by the National Government through the Law of Formalization and Employment Generation for entrepreneurs.

I was told that the RUT was enough. I asked at the DIAN and they told me that after six months I can register my business.

The application for the Single Tax Registry (RUT) is one of the requirements to register in the Commercial Registry. This procedure must be carried out as soon as you start activities.

False

According to numeral 1 of article 28 of the Code of Commerce. In the CCB we understand formalization as the exercise of an economic activity under the rules of the State, for our entity is a process of economic inclusion that allows your company to grow, be a supplier to other companies, reach other markets, obtain credit, access to all Business Strengthening services offered by the entity and participate in various financial programs of government entities.

To get personalized help from us, we invite you to make a free, personalized and confidential evaluation of your business or business idea. In this way you will be able to access a route of services according to your needs and the support you need to consolidate your business project.