A free zone is a geographical area delimited within the National Customs Territory (“TAN”), where industrial activities of goods and services, or commercial activities are carried out.
Types of free zones
In Colombia there are three (3) types of free zones, namely:
- Permanent (multi-company): in which multiple industrial or commercial users are installed.
- Special permanent (single company): in which a single industrial user is installed.
- Temporary: in which national or international fairs, exhibitions, congresses and seminars that are important for the economy and/or international trade are held.
Among the special permanent free zones are the free zones for goods, services, agro-industrial, health and port services. Additionally, it is possible to request the declaration of permanent free zones of technology parks or permanent free zones dedicated exclusively to the activities of technical evaluation, exploration and production of hydrocarbons offshore (Offshore) and its related activities. Read more
