What are the main benefits of a free trade zone in Colombia?

Main benefits include: 20% income tax rate, no tariff or VAT on goods inside the zone, VAT exemption on raw materials and finished goods exported from the zone, and simplified customs procedures.

How many free trade zones are there in Colombia?

Colombia has over 120 free trade zones distributed nationwide, with major concentrations in Bogota, Barranquilla, Cartagena, Cali, and Medellin. They include permanent, special (single-company), and transitory zones.

What are the main benefits of a free trade zone in Colombia?

Main benefits include: 20% income tax rate, no tariff or VAT on goods inside the zone, VAT exemption on raw materials and finished goods exported from the zone, and simplified customs procedures.

How many free trade zones are there in Colombia?

Colombia has over 120 free trade zones distributed nationwide, with major concentrations in Bogota, Barranquilla, Cartagena, Cali, and Medellin. They include permanent, special (single-company), and transitory zones.

Regulations

Free Trade Zones in Colombia: Benefits and Requirements

Colombian free trade zones offer significant tax and customs advantages for import and export operations. Discover the types of free zones, tax benefits, and requirements to operate in them.

Key Points

Colombia has over 120 active free trade zones nationwide

Income tax rate inside a free zone is 20% (vs 35% general rate)

Goods inside the free zone are exempt from tariffs and VAT

There are permanent, special, and transitory free trade zones

Sales from a free zone to the national customs territory trigger tariffs and VAT

Requirements

Free zone declaration request to MinCIT
Compliance with investment and employment requirements by zone type
Approved master development plan
Qualification as an industrial or commercial user
Compliance with free zone customs regulations (Decree 2147 of 2016)

Frequently Asked Questions

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