Deloitte Asesores y Consultores

Firm overview: Skilled and experienced Deloitte Legal* practitioners work together with other Deloitte professionals in tax, consulting, risk- and financial advisory to guide their clients through a project in a coordinated way around the world. Deloitte Legal*, present in over 80 countries, is able to provide holistic guidance around strategic business decisions as well as offer support services that can increase efficiency and reduce the cost of some routine legal activities. As part of the global Deloitte professional services network, Deloitte Legal* helps clients in delivering multinational legal solutions that are consistent, technology-enabled, tailored, and sensitized.

Deloitte Legal* offers competent yet pragmatic advice in many fields of national and international business law. Its professionals provide tailored solutions for demanding projects and complex domestic and international transactions. It offers multidisciplinary advice incorporating areas of expertise that are complementary to the legal advice.

Whether family-owned smaller and medium-sized companies, listed stock corporations or international groups of companies—Deloitte Legal* covers the fields of business law that are important for our clients.

Deloitte Legal* understands legal advice not as an isolated component, but as a contribution to a comprehensive solution of the issues that clients face. Working with other Deloitte colleagues, Deloitte Legal* can help clients to make informed decisions in the context of legal as well as other business considerations.

* “Deloitte Legal” means the legal practices of Deloitte Touche Tohmatsu Limited member firm affiliates that provide legal services. For legal and regulatory reasons, not all member firms provide legal services.

Main areas of practice: Deloitte Legal organizes its market offerings around three key areas:

Commercial law solutions: Companies are facing an increasing number of business challenges globally, including more rigorous regulations and enforcement by local authorities in the countries where they operate. As experienced advisers with a practical focus Deloitte Legal* can help clients meet these challenges and develop commercial solutions. Our experience and expertise allow us to provide businesses facing complex legal regulations and challenges with personalized, tailor-made services. Services included but not limited to are:

• Commercial advisory
• Intellectual property
• Data protection
• Full-scale pre-insolvency solutions
• Commercial contracts
• Dispute resolution

Corporate and mergers and acquisitions solutions: Deloitte Legal* provides a full range of corporate law services from complex advisory services related to major business life events (including advising in restructuring and mergers and acquisitions processes) through to general secretarial services. Services included but not limited to are:

• M&A transactions
• Integrated due diligence
• Corporate law, corporate governance
• Corporate reorganizations
• Shareholders agreement and joint ventures
• Post-merger integration
• Legal and tax services to startups

Foreign exchange: Even though the exchange market in Colombia flows freely, several exchange operations must be legalized according to Colombian exchange market regulations.

The free market consists of all other operations that do not have the obligation to be completed through the foreign exchange market, such as payments for services supply in foreign currency and transfer of foreign currency for other types of transactions, such as donations. These types of transactions do not have to be reported to the Colombian Central Bank. Likewise, the Colombian regulation acknowledges the existence of a “free market”, which consists of all operations that are not of mandatory channeling.

Pursuant to foreign exchange regulations, the following transactions must be completed through the foreign exchange market:

• Import and export of goods.
• Foreign indebtedness and related financial costs.
• Financial investments in securities and assets abroad.
• Foreign capital investments in Colombia.
• Colombian capital investments abroad.
• Endorsements and warranty bonds in foreign currency.
• Derivative

Under this scenario, Deloitte Legal* provides clients with a complete scheme, analysis, and accompaniment during the procedures and required steps to effectively comply with the foreign exchange regime

Employment law and social security: Turbulent economic times require companies to be agile and flexible in their staffing to remain competitive. Complex polices, frequent legislative changes and global operations make managing employee relations and compliance with employment law challenging for businesses. Deloitte Legal* provides businesses with the advice they need to make informed decisions and comply with a multitude of regulatory and procedural requirements. Services included but not limited to are:

• Compensation and benefits
• Individual employment law
• International employment remodeling
• Human cloud
• Legal mobility services
• Social security