If you are a foreigner looking forward to establishing a business in Colombia, you should follow some essential steps. Firstly, you must register the company with the local Chamber of Commerce and acquire a NIT (Tax Identification Number). Next, depending on the business activity, you must get a business or investor visa. After that, you must fulfill the tax and labor requirements and obtain all necessary permits and licenses to operate the business legally in the country. Seeking professional legal and accounting assistance is highly recommended to ensure a smooth and glitch-free establishment process.