Yeisson Castro Monsalves
Managing Partner
Master's degree in taxation and customs, ICAEW certificate in IFRS for SMEs. Responsible for the firm's tax and foreign-exchange opinions.
Asercont S.A.S. · Certified public accountants
Statutory audit, accounting, tax and wealth protection for companies and families in Colombia
Based in Cartagena, with clients across Colombia and abroad. Statutory auditor and accountant to 65 companies, with a dedicated team assigned to every client and direct partner supervision.
The firm
For companies and families that need more than a bookkeeper in Colombia
We serve companies required to appoint a statutory auditor (revisor fiscal); companies that outsource their accounting and tax operations; companies and individuals with foreign-currency operations under the Colombian exchange regime (foreign investment in Colombia, Colombian investment abroad, external debt, imports, exports and compensation accounts); groups planning a corporate reorganization; and families that want to organize and protect their wealth.
- A dedicated team per client. Assigned accountants who know the business, with direct partner supervision.
- Opinions backed by the rule. Every recommendation cites the article of the Tax Code or the IFRS paragraph that supports it.
- A filing calendar per company. We warn before each deadline, with the draft ready for approval.
- Group reporting. Monthly reporting packages for parent companies abroad, in English, under IFRS.
Services
Three service areas
Statutory audit and assurance
Opinion on the financial statements, reports to shareholders and certification of tax returns, with observations to management during the year.
Learn more →Accounting and tax BPO
Monthly closing, IFRS financial statements and tax filings with client-approved drafts, handled by an assigned accountant, plus reporting packages for your head office.
Learn more →Tax, wealth and foreign exchange
Tax planning, corporate reorganizations, personal and family wealth protection, responses to DIAN and foreign-exchange compliance.
Learn more →
Setting up or operating in Colombia?
Tell us about your company and we will outline what you need to comply, and what it costs.
We reply the same business day, in English or Spanish.
Contact Asercont
Partners
The partners
Carina Quintero López
Operations Director
Specialist in taxation. Leads the statutory audits, external audits and monthly closings for BPO clients.
Frequently asked questions
Doing business in Colombia
Does my Colombian company need a statutory auditor (revisor fiscal)?
Yes if it is a corporation (sociedad anónima), a branch of a foreign company, or any company whose gross assets at the previous year-end exceeded 5,000 monthly minimum wages or whose gross revenue exceeded 3,000 monthly minimum wages. The statutory auditor is an independent certified public accountant who signs the financial statements and tax returns and reports to shareholders and regulators.
Can you report to our head office in English and under IFRS?
Yes. Colombian companies apply IFRS (full or for SMEs, depending on their group). We prepare monthly reporting packages in English and reconcile local statutory reporting with group reporting requirements.
What foreign-exchange obligations apply to a foreign-owned company?
Foreign direct investment must be registered with the Banco de la República; external loans, imports, exports and service payments abroad are channeled through authorized intermediaries with specific declarations; and periodic reports are filed with the Banco de la República and DIAN. Non-compliance carries significant penalties, so these filings are part of our standard engagement.
What is the corporate income tax rate in Colombia?
The general corporate income tax rate is 35 %, with surtaxes for specific sectors. Companies also face VAT (19 % general rate), municipal industry and commerce tax, withholding taxes and several information returns. We provide a complete tax calendar and manage the filings.
Get in touch
Request a consultation
Leave your details and we will contact you the same business day. We work in English and Spanish, and can meet by video call in your time zone.