OBS_VALUE: Individuals, Legal entity, Colombian companies, branches of foreign companies located in Colombia are subjects of no discrimination regarding tax rates.“Small companies” that started their economic activityafter 2011 having its corporate domicile and performingall of their economic activity in the departments ofAmazonas, Guanía and Vaupes, shall have a specialincome tax rate, as follows: 0% during the first eightyears, 16.50% for year nine and 24.75% for year ten. Theyshall be subject to the general tax rate from the 11th yearonwards.