Today it can be stated that the types of commercial companies that are most used for the development of commercial activities in Colombia are the Sociedad por Acciones Simplificada (S.A.S.), the Sociedad de Responsabilidad Limitada (Ltda.) and the Sociedad Anónima (S.A.). The S.A.S. has become the most widely used legal vehicle since, as its name indicates, it «simplifies» the procedures for…