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Drafting and Review of Commercial Contracts in Colombia

Drafting and review of commercial contracts in Colombia

The drafting and review of commercial contracts in Colombia makes it possible to clearly define the rights, obligations, liabilities, financial terms and protective mechanisms applicable to a business relationship. At Cárdenas Vega Asesores, we draft, review, negotiate and amend commercial, corporate, technology and intellectual property agreements in accordance with the particular features of each transaction.

Our services cover agreements ranging from sale and purchase, supply, distribution, franchise, commercial agency and business collaboration agreements to trademark, patent, software and copyright licences, technology transfer agreements, assignments of rights, confidentiality agreements, image rights authorisations and documentation for digital businesses.

Each agreement should reflect the nature of the transaction, the legal position of the parties, the identified risks, the applicable law and the commercial objectives of the transaction. Accordingly, the use of generic templates without legal review tailored to the specific circumstances is not advisable.

Our contract services may include the complete drafting of the agreement, review of contracts prepared by third parties, risk analysis, negotiation of clauses, preparation of amendments or addenda, and legal support throughout execution, performance, termination or renewal.

Commercial and distribution agreements

We draft and review agreements governing the acquisition, manufacture, supply, marketing and distribution of goods and services in domestic and international markets.

Commercial sale and purchase agreements

Agreements governing the sale of goods, assets, inventories, business establishments or operating units.

Supply agreements

Periodic or continuous supply of goods or services under previously agreed terms.

Distribution agreements

Independent marketing of products within a specified territory, market or distribution channel.

Exclusive distribution agreements

Exclusive allocation of products, territories, customers or distribution channels.

Commercial agency agreements

Ongoing promotion or development of a principal’s business within a specified territory.

Commercial commission agreements

Management of one or more transactions on behalf of another party, with defined instructions, remuneration and responsibilities.

Brokerage agreements

Intermediation intended to bring together parties interested in entering into a commercial transaction.

Commercial representation agreements

Promotion, negotiation or commercial management of products and services before customers or business partners.

Consignment agreements

Delivery of products for sale, with provisions governing inventory, pricing, returns and payment.

Commercial lease agreements

Use of retail premises, offices, warehouses, equipment, machinery or other assets for business purposes.

Warehousing and storage agreements

Custody, preservation, management and return of goods, inventories or assets.

Logistics services agreements

Management of inventories, storage, order fulfilment, transportation and delivery of products.

Manufacturing, production and services agreements

We advise on contractual relationships involving design, manufacturing, processing, packaging, service provision and outsourcing of business activities.

Contract manufacturing or maquila agreements

Manufacture of products by a third party in accordance with defined technical, commercial and quality specifications.

Private-label manufacturing agreements

Manufacture of goods to be marketed under the customer’s trademark or that of an authorised third party.

OEM manufacturing agreements

Manufacture of components or products in accordance with the customer’s designs, specifications and standards.

Packaging and product conditioning agreements

Provision of bottling, labelling, packaging, presentation or product conditioning services.

Services agreements

Definition of scope, deliverables, remuneration, responsibilities, ownership of results and termination.

Specialised consulting agreements

Engagement of technical, strategic, commercial, creative, technology or professional advisory services.

Outsourcing agreements

Delegation of business processes or activities to a specialised service provider.

Maintenance and support agreements

Preventive, corrective, technical or support services for equipment, systems or products.

Intellectual property agreements

Intellectual property agreements govern the ownership, exploitation, authorisation, transfer and protection of trademarks, patents, industrial designs, works, software, content, trade secrets and other intangible assets.

Trademark licence agreements

Authorisation to use a trademark subject to terms concerning territory, duration, products, quality control and remuneration.

Trademark assignment agreements

Transfer of ownership of a trademark, trademark application or trademark portfolio.

Patent licence agreements

Authorisation to exploit a patented invention subject to technical, financial and territorial terms.

Patent assignment agreements

Transfer of patent applications, invention patents or utility models.

Industrial design licence agreements

Authorisation to manufacture, use or market products incorporating a protected design.

Industrial design assignment agreements

Transfer of ownership of industrial design applications or registrations.

Assignment of economic copyright

Written transfer of exploitation rights in protected works, content and creations.

Copyright licence agreements

Authorisation to reproduce, communicate, distribute, adapt or otherwise exploit a work under defined terms.

Commissioned works agreements

Agreements governing the creation of literary, artistic, audiovisual, advertising, musical or design works for a commissioning party.

Audiovisual production agreements

Engagement of production, directing, screenwriting, music, performance, image, editing and exploitation services for audiovisual works.

Music production agreements

Agreements governing compositions, recordings, performances, phonograms, synchronisation and music distribution.

Publishing agreements

Editing, publication, reproduction, distribution and commercialisation of printed or digital works.

Merchandising agreements

Commercial exploitation of trademarks, characters, designs, images or other intellectual property elements on products.

Trademark coexistence agreements

Terms governing the coexistence and differentiated use of distinctive signs by different businesses.

Trademark rights delimitation agreements

Agreements concerning goods, services, territories, presentations or methods of use of similar trademarks.

Technology, software and knowledge transfer agreements

We structure agreements for the development, implementation, exploitation and transfer of software, technology, technical knowledge, databases and digital solutions.

Technology transfer agreements

Transfer of knowledge, procedures, technical assistance, intellectual assets and technological capabilities.

Know-how licence agreements

Authorisation to access and use confidential technical, commercial, industrial or organisational knowledge.

Software development agreements

Development of bespoke programs, platforms, applications, integrations and technological functionalities.

Software licence agreements

Authorisation to install, access, use, reproduce or exploit computer programs.

Software assignment agreements

Transfer of economic rights in source code, object code, documentation and related developments.

Software-as-a-Service agreements

Remote access to software under subscription models, service levels, support and availability commitments.

Cloud services agreements

Provision of infrastructure, platforms, storage, processing or applications in digital environments.

Technology implementation agreements

Configuration, integration, migration, parameterisation and deployment of technology solutions.

Support and service-level agreements

Definition of availability, response times, maintenance, continuity, backup and incident resolution.

Research and development agreements

Collaboration to research, design or develop products, technologies, processes, prototypes or solutions.

Cross-licence agreements

Reciprocal authorisations to use technology assets or intellectual property rights.

Database licence and use agreements

Access to, consultation, use, updating or exploitation of databases and structured content.

API licence agreements

Terms governing access to, integration and use of application programming interfaces and connected technology services.

Franchises, alliances and business collaboration agreements

We design contractual structures to replicate business models, develop joint projects, share resources or participate in business ventures while preserving the independence and interests of each party.

Franchise agreements

Exploitation of a business model combining trademarks, know-how, assistance, operating standards and consideration.

Master franchise agreements

Grant of rights to develop a franchise network and, where applicable, to appoint sub-franchisees within a territory.

Joint venture agreements

Collaboration between businesses to develop a project, venture or activity based on shared objectives and contributions.

Business collaboration agreements

Coordination of capabilities, resources, knowledge or channels to pursue a business opportunity.

Participation account agreements

Participation by one or more persons in transactions conducted by a managing participant under agreed terms.

Consortium agreements

Joint submission or performance of projects with an allocation of activities, contributions and responsibilities.

Temporary union agreements

Joint organisation for submitting bids or performing contracts with an agreed allocation of activities and participation.

Strategic alliance agreements

Medium- or long-term commercial cooperation to develop markets, products, services or capabilities.

Memoranda of understanding

Preliminary definition of objectives, commitments, stages and the basis for a potential transaction or collaboration.

Letters of intent

Preliminary statement of the principal terms of a proposed negotiation or transaction.

Corporate, investment and acquisition agreements

We assist with the structuring of companies, investments, shareholder relationships and transactions involving the acquisition or transfer of equity interests.

Company formation

Preparation of bylaws, incorporation documents and initial governance and operating rules.

Shareholders’ agreements

Terms governing voting, management, share transfers, majorities, deadlocks and investor exits.

Partners’ agreements

Definition of contributions, roles, participation, profit distribution, decision-making and dispute resolution mechanisms.

Investment and capitalisation agreements

Contribution of funds or admission of investors through capital contributions, share issuances or agreed financing mechanisms.

Share or equity interest purchase agreements

Sale and purchase of shares, quotas or equity interests, including representations, warranties and closing conditions.

Asset purchase agreements

Acquisition of operating assets, inventories, contracts, intellectual property or business units.

Purchase option agreements

Rights to acquire shares, equity interests, assets or rights subject to defined terms and time limits.

Vesting agreements

Progressive acquisition of economic or corporate rights linked to continued service, performance or achievement of milestones.

Stock option agreements

Incentives or rights to acquire shares under previously established corporate and financial conditions.

Convertible financing agreements

Financing that may convert into an equity interest upon defined events, valuations and conditions.

Image rights, advertising and content agreements

We advise companies, agencies, creators, artists, influencers and producers on the commercial use of image, voice, name, content and advertising materials.

Image rights release agreements

Terms governing the use of a person’s likeness in campaigns, content, publications, products or digital media.

Voice and name use agreements

Authorisation to use a person’s voice, name, pseudonym or other identifying attributes.

Influencer and content creator agreements

Creation, publication and promotion of content with provisions on deliverables, exclusivity, image rights and intellectual property.

Sponsorship agreements

Association of a trademark with events, individuals, activities, content, teams or promotional initiatives.

Product placement agreements

Inclusion of products or trademarks in works, videos, programs, films or digital content.

Advertising services agreements

Design, production and execution of campaigns, graphic materials, content, strategies and promotional activities.

Social media management agreements

Management of accounts, content, access credentials, digital assets, metrics, ownership of materials and crisis management.

Photography and graphic production agreements

Creation and exploitation of photographs, illustrations, designs, animations and other visual materials.

Digital and e-commerce agreements

We prepare documentation for digital platforms, applications, online stores, marketplaces and business models based on the electronic exchange of goods, services and content.

E-commerce agreements

Terms governing sales, payments, deliveries, returns, warranties and customer service for transactions conducted electronically.

Terms and conditions

Rules applicable to access, browsing, registration, purchases and use of websites, platforms or applications.

Marketplace agreements

Definition of the relationships among the platform, sellers, suppliers, buyers and associated service operators.

Digital subscription agreements

Recurring access to content, products or services subject to recurring payments and renewal or cancellation terms.

Platform services agreements

Technology access and intermediation connecting users, suppliers, service providers or purchasers.

Affiliate marketing agreements

Digital promotion of products or services in exchange for commissions, referrals or verifiable results.

Confidentiality, exclusivity and business protection agreements

We prepare agreements designed to protect strategic information, business relationships, commercial opportunities, internal developments and competitive advantages.

Confidentiality agreements

Protection of confidential information disclosed during negotiations, projects, alliances or contractual relationships.

Trade secret protection agreements

Identification and contractual protection of confidential business information having commercial value.

Exclusivity agreements

Contractual restrictions on engaging, marketing or carrying out specified activities with third parties.

Non-compete agreements

Contractual restrictions on specified competitive activities, subject to review for scope, duration and reasonableness.

Non-solicitation agreements

Protection against solicitation of customers, employees, contractors, suppliers or business partners.

Exclusive negotiation agreements

Temporary exclusivity during the evaluation or structuring of a proposed transaction.

Document custody or escrow agreements

Deposit in escrow of documents, code, assets or funds subject to fulfilment of previously defined conditions.

Personal data agreements and authorisations

We prepare agreements and authorisations concerning the collection, use, circulation, storage, transmission and transfer of personal data.

Personal data processing authorisations

Authorisation to collect and process personal data for purposes disclosed in advance.

Personal data transmission agreements

Processing of personal data by a data processor acting on behalf of, and under the instructions of, the data controller.

Personal data transfer agreements

Disclosure of information to another data controller, including domestic or international transactions where legally permissible.

Data processing agreements

Definition of instructions, security, confidentiality, incidents and obligations between parties processing personal data.

Privacy notices

Information provided to data subjects concerning the data controller, processing purposes and mechanisms for exercising their rights.

International agreements

We also draft and review agreements for international transactions, taking into account language, governing law, jurisdiction, currency, taxes, dispute resolution and performance of obligations across different territories.

International distribution agreements

Marketing of products in foreign countries with provisions on territory, importation, pricing, trademarks and regulatory compliance.

International agency agreements

Promotion or development of business in foreign markets through commercial representatives or agents.

International licence agreements

Exploitation of trademarks, patents, software, works or technology in one or more territories.

International franchise agreements

Expansion of business models into other countries through licences, assistance and operating standards.

International supply agreements

Cross-border supply of goods or services with agreed delivery, payment, risk and documentation terms.

International manufacturing agreements

Manufacture of goods in other countries under defined specifications, quality controls and intellectual property provisions.

Contract drafting, review and negotiation

Contract advice extends beyond preparing a document. It may also include identifying risks, conducting background review, defining warranties, negotiating terms, analysing liabilities and preparing mechanisms to prevent or address breaches.

Comprehensive drafting Drafting the agreement in accordance with the transaction and the client’s interests.
Legal review Review of contracts prepared by customers, suppliers, business partners or counterparties.
Contract negotiation Legal support in discussing and revising clauses with the counterparty.
Amendments and addenda Updating terms, obligations, deadlines, pricing, territories or deliverables.
Termination and settlement Preparation of termination, closing, settlement or release agreements.
Agreements in English and Spanish Preparation and review of documents for domestic and international business transactions.

Contract clauses requiring careful review

The content of each agreement depends on the transaction. Depending on the circumstances, particular attention should be given to clauses concerning:

  • Purpose, scope, activities and deliverables
  • Price, remuneration, royalties, taxes and payment terms
  • Term, extension, renewal and termination
  • Warranties, quality, service levels and acceptance of deliverables
  • Liability, indemnities, insurance and limitations of liability
  • Ownership and use of trademarks, patents, software, works and other intangible assets
  • Confidentiality, trade secrets and information security
  • Exclusivity, non-compete and non-solicitation
  • Personal data protection and processing
  • Assignment, subcontracting and change of control
  • Governing law, jurisdiction and dispute resolution mechanisms
  • Consequences of breach and early termination mechanisms

Contract advice for businesses and entrepreneurs

Cárdenas Vega Asesores assists companies, investors, entrepreneurs, intellectual property owners, developers, manufacturers, distributors, franchisors, franchisees and service providers in structuring clear contractual relationships suited to their businesses.


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