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Each week we search for and select the most relevant news to share with you in this newsletter.

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By: Gabriela Pinto
Lawyer - Commercial and Corporate Law

 
 
 
 

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Tariff Instrument for the Improvement of the Environment and Road Safety is extended until 2023

Decree 1514 of 2022, issued by the Ministry of Commerce, Industry and Tourism, extended until December 31, 2023, the effects of the Tariff Instrument for Environmental Improvement and Road Safety, which allows companies that are part of the Automotive Industry Promotion Program or the Transformation and Assembly Regime, to import vehicles without paying tariffs.

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Regulation for the creation of Spin Off companies by Higher Education Institutions is ready

The Ministry of Science, Technology and Innovation issued Decree 1556 of 2022, which regulates the creation of technology-based companies (Spin Off) in order to promote science, technology and innovation in Higher Education Institutions (HEI). According to the definition adopted by Law 1838 of 2017, Spin Off companies are "(...) companies based on knowledge, especially those protected by Intellectual Property rights, generated within the scope of Higher Education Institutions (HES), resulting from research and development activities carried out under their support, in their laboratories and facilities or by researchers linked to them, among others (...)".

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Emergency technical regulation for the processing of the Emergency Sanitary Use Authorization is issued

The Ministry of Health and Social Protection issued the emergency technical regulation for the processing of the Sanitary Authorization for Emergency Use (ASUE) for chemical synthesis or biological drugs, through Decree 1651 of 2022.

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