Colombia Corporate Income Tax
Detailed corporate income tax rates and rules for Colombia in 2026.
Colombia imposes a flat 35% corporate income tax on resident companies' worldwide income (increased from 30% by the 2022 tax reform). Non-resident companies are taxed at 35% on Colombian-source income. Financial institutions are subject to an additional surcharge of 5 percentage points (total 40%) through 2027. Companies in free trade zones enjoy a reduced rate of 20% on income derived from exports. Small and medium enterprises may benefit from progressive rates in their early years. Colombia uses transfer pricing rules aligned with OECD standards and has CFC rules for foreign passive income.
Standard Rate
35%
How Colombia Corporate Tax compares
Colombia’s corporate tax rate of 35% is the 2nd highest of 203 countries TaxAtlas tracks, above the global average of 22.2% and South America’s regional average of 28.4%.
