3 ranked lawyersBand 1ColombiaLatin America 2021 View ranking table
chambers review
department information
Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Front-running boutique firm boasting a highly dedicated tax team. Possesses extensive experience acting on a range of mandates spanning global transfer pricing, tax planning matters related to project structuring and counselling on legislative reform. Demonstrable prowess handling cases before the competent authorities, including the DIAN. Noted activity advising on tax implications of energy-related operations, in particular advising hydrocarbon companies. Concesionaria Desarrollo Vial al Mar and Quala are new client wins.


A client is quick to highlight the team's "vast tax knowledge and experience." The same client adds that "they give practical and pragmatic solutions and are very good at negotiating with the authorities, which is not easy."

Sources praise Godoy & Hoyos Abogados as "a firm that is considerate of the client and delivers solutions that aren't just theoretical, but executable for us."

Work highlights

Assisted Concesionaria Desarrollo Vial al Mar (Devimar) and its sponsors with the tax considerations of financing and executing a concession contract for the Autopista al Mar 1 project. This contract is valued at USD800 million.

Notable practitioners

"Expert tax lawyer" Catalina Hoyos Jiménez maintains a top-tier position here. She is praised by a client as "very intelligent, detail-focused and with a good overview of everything," and they add: "She is involved in all the different aspects of a project and takes everything into account." A commentator states: "Catalina is doing good work and is very recognised in this practice, particularly for litigation." Hoyos Jiménez is co-head of department.

Juan Pablo Godoy Fajardo co-leads the department and remains highly regarded by interviewees. One particularly rates him for his "extensive knowledge of the tax area," adding: "He always looks for practical solutions that consider the commercial point of view," adding: "His work is very impressive." Another client says: "He is highly knowledgeable and proposes creative, practical and reliable ideas."

Up-and-coming lawyer Mónica Hernández is held in high regard by clients who recognise her as "a key person" handling their matters, noting that "she is often leading in our meetings."Hernández routinely advises on tax implications of corporate transactions.

Department Information

This content is provided by GodoyHoyos.


Godoy Hoyos Abogados has a team of legal and accounting professionals who provide timely top-quality advice to the firm’s clients in regard to their businesses in the area of tax and foreign trade laws. The firm has been recognized on several occasions by local and foreign legal review publications as a definite leader in this area of the law.

Our Firm is renowned not only for its day-to-day advice, but also for its “boutique” advice. The hardest decisions of our clients are usually put in our hands, for our experience and our commitment to research and find innovative solutions for challenging problems.

We represent our clients in tax litigation with a success percentage of more than 90%. We are highly known for addressing and solving problems before the Tax Administration, giving our effort to avoid long and costly litigation procedures before the tribunals. Our commitment is, if possible, trying to solve litigation matters quickly, efficiently and at the lowest cost for our clients.

We also deal with arbitration tribunals. In fact, our two partners are arbitrators to Tribute and to the Bogota Chambers of Commerce.

We are very well known for our devotion to tax policies. Our partners have been part of the teams that have led to the main Tax Reforms during the last few years. They also prepared the draft that became the final legislation regarding tax mechanisms to promote the reactivation of post-conflict areas within the Country.


Godoy Fajardo, Juan Pablo (Head of Department)

Hoyos Jiménez, Catalina (Head of Department)

Amaris, Catalina

Araoz, Juan Sebastián

Hernández, Mónica

Noreña, Luis Felipe


Cenit S.A.S.

Chubb Serguros Colombia, S.A

Compañía Colombiana de Tabaco S.A. (Philip Morris)

Concesionaria Desarrollo Vial al Mar S.A.S. (“Devimar”)

Credicorp Capital

Desarrollo Vial de Nariño (“Devinar”)

Empresas Públicas de Medellín, ESP (EPM)

ExxonMobil de Colombia S.A


Grupo de Inversiones Suramericana S.A

Grupo Éxito

Grupo Nutresa

Interconexión Eléctrica S.A. E.S.P (ISA)

Louis Dreyfus

Mafer Real Estate de Colombia SAS

Occidental de Colombia

Prodeco-Glencore Group



Sacyr Concesiones Colombia S.A.S

Telefónica Móviles Colombia (Movistar)


Vitol Colombia CI, SAS


capital banking and capital markets

Commodities markets

consumer products

Information Technology and Communications


oil and gas


Tax Department


Department location

Cra 14 No. 94 -44

Torre B piso 6


Capital District


View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.



Catalina Hoyos Jiménez
Band 1
Juan Pablo Godoy Fajardo
Band 2
Mónica Hernández
Up and Coming