Free Trade Zones in Colombia: Advantages for Importers and Exporters

Benefits of Free Trade Zones

Free Trade Zones (FTZ) in Colombia offer exceptional tax and customs incentives. By bringing your cargo to an FTZ, the merchandise is considered outside national customs borders.

Main Advantages

• Tax Deferral: You can store merchandise without immediately paying VAT (19%) or duties. You only pay as you partially nationalize items to enter the rest of the country.
• Re-exportation: If the product won't be sold in Colombia but dispatched to other countries, you won't pay Colombian customs duties.
• Transformation and Assembly: You can import parts, assemble them within the FTZ, and pay duties on the final product (or export it directly).

At Handel Corporation, we operate under OTM to move your cargo directly from the port to an FTZ user.