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Colombia Tax Information

19% IVA

IVA is 19% standard, 5% reduced, 0% exports. Electronic invoicing mandatory.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Colombia

NIT number
Business address
Client NIT
IVA breakdown
Total in COP

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

Contado30 días60 díasCrédito

Payment Methods in Colombia

TransferenciaPSENequiDaviplataEfectivo

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Colombia?

Colombia has 19% IVA. IVA is 19% standard, 5% reduced, 0% exports. Electronic invoicing mandatory.

What payment methods are common for bookkeepers in Colombia?

Common payment methods in Colombia include: Transferencia, PSE, Nequi, Daviplata, Efectivo. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Colombia?

Your invoice should include: NIT number, Business address, Client NIT, IVA breakdown. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

What IVA rates apply?

19% standard, 5% for some goods, 0% for exports and exempt items.