Free Trade Zone

It´s a Geographical area that has benefits, related to duties and/or taxes.  You need to have:

-Free regimen: You need to meet the requirements you are asked for.

The benefits are:

•          Exemptions on the import tax cost.
•          Discounts on local manufactured goods.
•          Personal Customs 

-Civil Customs Assistant: It´s a natural or legal person (represents a company) that works in the customs management.

-Car import: Must be more than 2.5 tons and used for the registered (reported) activity, if it´s use for some other activity the benefit it lost.

-Free zone’s regime: These are the benefits the government gives to the enterprises that do new inversions in the country. But they have to accomplish some requirements and obligations

Benefits:

•          Exemption from the importation of goods. Like machinery and equipment, manufactures and half finished products, some products necessary for operation, luggage and packing material, components and spare parts.
•          Exemption in vehicles importation:  They have to be under some requirements and conditions (trucks or chassis of trucks)
•          Exemption of any tribute associated to exportation and re-exportation of products.
•          Exemption for ten years of transfer of real estate, and municipal.
•          Exemption of tributes on remittances abroad.
•          Exemption from sales tax and consumption on local purchases of goods and services.
•          Exemption from income: The percentage of this depends on some categories.