Tax and customs benefits from investments in renewable Energy in Colombia
With the purpose of bringing diversity to the actual energy supply system, and also to attract companies and individuals to invest in renewable energy projects in Colombia, Act 1715 of 2014 was enacted by the Government, granting the tax and customs benefits described below:
Duty Free Zones in Colombia: tax and customs benefits
After the 2016 tax reform that took place in Colombia one thing is clear, Duty Free Zones (DFZ) took the best portion of tax benefits and incentives, and undoubtedly became the most attractive vehicle for a foreign investor to do business in Colombia.
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Free Trade Zones in Colombia after the 2016 Tax Reform
The last tax reform in Colombia was approved in December 2016 as Act 1819 of 2016. One of the most significant aspects of this law regarding foreign investment, is the preferential tax treatment for companies (foreign or national), operating in Free Trade Zones.