In the 2010 “Doing Business Report,” The World Bank ranked Colombia as the most business friendly country in Latin America.  In this section you will find the most relevant incentives for investors:

1. Permanent Free Trade Zones: Colombia has the most competitive Free Trade Zones in Latin America: A single 15% income tax rate, allowing sales in the local market.

2.    Single Enterprise Free Trade Zones: This type of Free Trade Zone allows companies to establish themselves anywhere in the country.

3. Legal Stability Agreements: These agreements provide insurance that the laws and their respective interpretation that investors found to be determining for investing will not be modified.

4. Other Incentives: The Colombian government has created income tax exemptions in strategic sectors.

5. Special Import - Export System for Services: "Plan Vallejo" This import-export system allows service exporting companies to import capital goods exempt from custom duties and sales tax (VAT).

Learn about the average cost of establishing your company at a Permanent Free Trade Zone in Colombia.