The Executive Branch approved the bill requesting legislative authority from Congress to implement a set of measures.
The request includes changes related to various areas of public administration and the economy, some of which could have an impact on businesses and taxpayers.
Why is this important for businesses?
Legislative authority may allow the Executive Branch to adopt regulations more quickly within the scope and limits authorized by Congress.
Therefore, businesses must pay attention not only to laws that have been enacted but also to bills and authorizations that may later result in new obligations.
Areas to Monitor: The Executive Branch approved a bill requesting legislative authority from Congress to implement a set of measures.
The request includes changes related to various areas of public administration and the economy, some of which could have implications for businesses and taxpayers.
Why is this important for businesses?
Legislative powers may allow the Executive Branch to adopt regulations more quickly within the scope and limits authorized by Congress.
Therefore, businesses must pay attention not only to enacted laws but also to proposed bills and legislative powers that may later result in new obligations.
Areas to Monitor
- Tax system.
- Business regulations.
- Tax enforcement.
- Labor relations.
- Investments.
- Administrative simplification.
- Rules for specific economic sectors.
What can a company do?
The best strategy is to establish a regulatory monitoring system.
This allows companies to identify changes before they take effect and prepare internal procedures to comply with the new obligations.
Source: Semana Económica — “The Council of Ministers Approved the Draft Request for Legislative Powers,” August 27, 2026.
https://www.semanaeconomica.com/legal-politica/politica/el-consejo-de-ministros-aprobo-este-jueves-pedido-de-facultades-legislativas
VAG GLOBAL — Legal, tax, and business consulting.

