Collaboration Contracts Obligated Under the RUB

Tax attorney Juan Pablo Díaz wrote an article for Asuntos Legales about additional obligations to the Final Beneficiaries Single Registry (RUB) report that will be carried out directly by companies in Colombia. Mr. Díaz talks about some criteria that will determine who will be the final beneficiaries. He also explains that within these criteria of the Business Collaboration Contracts, the percentages of direct or indirect, individual or joint participation are not considered. For this reason, Mr. Díaz insists that administrators must carry out a case-by-case analysis and an internal analysis of each of the participants in these contracts.

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