Key dates to pay the new business wealth tax: April 1st and May 4th
Colombian companies must file their wealth tax return and pay the first installment, equivalent to 50% of the total amount, on April 1st. The tax was created by Decree 0173 of 2026, issued in development of Legislative Decree 0150 of 2026, which declared a State of Economic, Social, and Ecological Emergency following heavy rains and floods that have affected regions like Córdoba.
TL;DR
- Colombian companies must file wealth tax returns and pay the first 50% installment by April 1st, 2026.
- The tax applies to legal entities and de facto companies with a net worth of at least 200,000 UVT ($10.47 billion COP) as of March 1st, 2026.
- The general tax rate is 0.5% of net worth, with a 1.6% rate for financial institutions and specific industries.
- Exemptions include companies in the health sector, state-intervened companies, and public utility companies in municipalities with declared public calamity.
- Specific rules apply to prevent artificial reduction of patrimony through corporate splits before March 1st, 2026.
- Experts warn of potential double taxation and structural effects on investment and capital retention.
- The second and final installment is due May 4th, 2026.