More than 10 sectors exempt from income tax.
In Colombia there are incentives which consist in an income tax exemption for a determined period of time. This means that the companies which benefit from these incentives will pay a 0% income tax rate for a period of time and once that term is over they will be subject to the general tariff which is 33%.
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Hotel services provided in new hotels constructed between 2003 and 2018, during 30 years, that is, until the year 2032.
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Hotel services provided in hotels remodeled and/or expanded up to 2018, during 30 years.
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Ecotourism services during 20 years beginning in 2003.
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Late yield crops planted between 2003 and 2013 for 10 years.
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New medicinal and software products manufactured in Colombia with a high content of national scientific and technological research and covered by new patents registered before the appropriate authorities are income-tax exempt during 10 years beginning in 2003.
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Electric power sales produced by generating companies based on aeolian resources (wind), biomass or agricultural waste during a 15-year period.
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River transportation services provided with shallow draft ships and barges, during 15 years as from 2003.
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Publishing companies devoted to publishing books, magazines, brochures or scientific or cultural collectible series are exempt for 20 years beginning in 1993.
 Free Trade Zone Manual | [Free Trade Zone Manual 2010] | 772 Kb | 16/06/10 14:36 |
