Invoicing in Colorado

Built-in handling of CO sales tax (2.9000000000000004% state rate) and statutory late fees.

State sales tax
2.90%
Late fee max
1.5%/mo
Metros covered
7
Written contract req.
No

Colorado compliance at a glance

  • Sales tax: 2.90% state rate. State 2.9%; home-rule cities add their own (combined commonly 7-10%).
  • Late fees: Up to 1.5% per month. (Colo. Rev. Stat. 搂5-12-101) Default 8%/yr; up to 21%/yr in writing under UCCC.
  • Prompt-pay law: Colorado Prompt Payment Act (CRS 搂24-91-103 for public; 搂38-26-107 for construction). Public works: 7 days for partial payments. Construction subs paid within 7 days of GC receiving payment.

Colorado metros

Colorado guides