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πŸ‡¨πŸ‡΄NETWORK COVERAGE

Colombia

Americas

Global payroll infrastructure for emerging markets.

AT A GLANCE

Payout Speed

Next business day

FX Range

Low FX (typically under 1.5%)

Withdrawal methods available

2

Compliance

COR + EOR

SOLUTIONS

Payroll

Hire, manage, and pay your employees in one platform. Automate payroll, stay compliant, and simplify reporting.

Contractor Pay

Manage and send secure, compliant payments to contractors across Colombia.

EOR (Employer of Record)

Hire employees in Colombia without setting up a local entity, while remaining fully compliant with local labor laws.

PEO (Professional Employer Organization)

Bring your own entity and we can manage the HR administration, including payroll, benefits, and compliance management in Colombia.

COR (Contractor of Record)

Handle contractor hiring and administration through Sigma's compliant COR framework.

CONTRACTOR PAYOUT OPTIONS

Wallet Options

USD WalletDefaultEURO WalletOn request

Foreign Withdrawal Options

CryptoSigma CardForeign Bank Accounts

Local Withdrawal Methods

Bre-BLocal Bank TransferDirect push to card (Visa/Mastercard)
Payout Limits
None
Cutoff
2:00 PM ET

EOR

In-Country PartnerTaxes and Pensions Support - Statutory deductions are automatically calculated and remitted.Health Insurance Support - Employers can offer health insurance with automatic payroll deductions.Available Contract Templates - Pre-filled local employment contracts available upon request.

Sigma provides compliant EOR payroll via licensed in-country partners.

How payouts work in Colombia

1

Add contractors

Create contractor profiles and set payout details.

2

Fund your account

Add funds to your Sigma wallet.

3

Run payroll

Run payroll in one click. Every contractor gets a wallet within the same financial institution, making running payroll for thousands seamless, immediate, and error-free.

More countries in Americas

Colombia coverage FAQs

Quick answers about payout methods, limits, cutoff, EOR, and wallet options.

Based on available payout rails, limits, cutoff, and compliance options.

Have a use case in mind? Contact us

✨ Make Your Business Thrive

Let's build your Global Team in Colombia

Discover how Sigma can help you hire, pay, and retain top-skilled workers globally while staying free from compliance headaches and IRS forms. Book a demo today.

Sigma platform interface
Sigma payroll interface