Bogota is an attractive city for the location of companies of individuals.
Distribution of companies by...
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Bogota is an attractive city for the location of companies of individuals.
Distribution of active companies by legal nature for the period January - December 2022
Legal Order | Jan- dec (2019) | Jan- dec (2020) | Jan- dec (2021) | Jan- dec (2022) | Variation 2019 - 2022 | Variation 2020 - 2022 | Variation 2021 - 2022 |
Natural Person | 297.839 | 252.929 | 265.975 | 285.675 | -4,1% | 12,9% | 7,4% |
Judicial Person | 202.233 | 192.039 | 203.181 | 213.030 | 5,3% | 10,9% | 4,8% |
Total | 500.072 | 444.968 | 469.156 | 498.705 | -0,3% | 12,1% | 6,3% |
Analysis
According to the type of legal organization of active companies, individuals represent the largest percentage (57 %) of the business base in Bogota and the 59 municipalities of the CCB.
Between January - December 2022 in Bogota and the 59 municipalities of the CCB's jurisdiction, the total number of active companies of individuals increased by 7.4 % and the number of companies increased by 4.8 % compared to the same period of 2021.
Description
A company can be created as an individual or legal entity: the individual is one that exercises this activity in a habitual and professional manner in a personal capacity and assumes all the rights and obligations of the commercial activity it exercises, while the legal entity or company is a fictitious person capable of exercising rights and contracting obligations, and of being represented judicially and extra-judicially. It is classified into: Limited Liability Company, Sole Proprietorship, Corporation, Limited Partnership, Limited Partnership, Limited Joint Stock Company, Simplified Joint Stock Company and Worker's Associative Company.