It does not matter what is the line of business of the company or whether you are a natural or legal person. If you collect personal data from your clients to use them within your commercial activity as a company or business, you are obliged to generate the privacy policy.
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Making of Privacy Policy
Corporativo Villamil, supports you in the preparation of your privacy policy which is carried out in accordance with the current regulations and will shield you from any sanction or fine that may be presented through an administrative process before the INAI ((English: National Institute for Transparency, Access to Information and Personal Data Protection).
A privacy policy is a document that makes a natural person (professional, doctor, consultant, etc) or legal person (private company, business) responsible for the right compilation and processing of personal data and publicly available.
Am I obligated to generate my own privacy policy?
What happens if I don't have a privacy policy?
*INAI (Instituto Nacional de Transparencia, Acceso a la Información y Protección de Datos Personales)(English: National Institute for Transparency, Access to Information and Personal Data Protection) established, since July 6, 2007; "Any natural or legal person that collects personal data from its clients must have a privacy policy or pay a fine between 100 and 320,000 days of minimum wage