Hire and pay in USD in Colombia with Ontop

At Ontop, we simplify and streamline your global payroll process, empowering your company to leverage Colombian talent seamlessly and pay your talent in USD.

OVERVIEW

Language(s): Spanish

Currency: Colombian Peso (COP)

Capital City: Bogotá

Population: 51.87 million

Cost of Living Rank: 114th

VAT (Valued Added Tax): 19%

EMPLOYER TAXES

21.02% – 27.46%

★ 12.00% - Pension Fund
★ 8.50% - Medical Plan
★ 0.52% – 6.96% - Labor Risks
★ 4.00% - Family Compensation Funds
★ 3.00% - Family Welfare (ICBF)
★ 2.00% - National Apprenticeship Service (SENA)

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Why hire in Colombia

Colombia offers a significant cost advantage compared to North American and European counterparts. This can be a major draw for companies seeking to stretch their talent acquisition budgets.

Colombia's tech industry is experiencing rapid growth, attracting talent and investment. This can be ideal for companies seeking access to a dynamic tech scene.

Colombia is in the Colombia Time (COT) zone, which is only one hour behind EST, facilitating collaboration with North American teams.

Minimum Salary

COP 1,300,000.

Payroll Cycle

Biweekly or monthly

Holidays Number

Trial Period

2 months

Employer Taxes

21.02% – 27.46%

Taxes Filing

10-20%

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Effortless and legal hiring in Minutes

Hiring independent contractors and Employees is easy with Ontop. We handle background checks and verify records quickly, so your team can start working without delays.

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Simple and legal document management

Onboarding an employee in Ecuador is different from onboarding one in Germany. We handle everything, from local wage requirements to specific documentation, ensuring a quick and compliant process.

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Effortless contractor management

Let Ontop handle the risks, so you can worry less. We ensure proper classification of your contractors, with clear schedules, payment plans, and seamless management.

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Hassle-free contractor payroll management

Ontop makes payroll simple. From handling invoices, distributing earnings, and processing payments for your contractors. Just give us the project details, and we’ll take care of the rest.

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Testimonials

"We knew this process was something we needed from the start to be able to hire and pay our international talent on time, and hassle-free."

Zero-Code’s

CEO

"Ontop was a game changer. They opened markets and hired people who were in regions where we did not have access before."

Tomas Blackburn

Head of Finance

"With Ontop everything is in one place. I have all the contracts together and I can look back at the data anytime I need."

Anna Savenko

Operations Manager

“So smooth and great! I can reach people worldwide in different timezones. There’s always people available to help regarding time zones.”

Deca4’s

Operations Manager

"Ontop has been a key business partner for Longevo's exponential growth. Its experience and flexibility with a customer focus have made it easy for our team to have the required resources in time and quality"

Andrea Agudelo

Human Resources Manager

"I can say scheduling payments is a tangible benefit. It saves us time. We can approve the payments any time, anywhere (I usually use my mobile). And the finance team can take care of payments when it is convenient for them."

Shared Tech's

Co-founder & CTO