{"id":501,"date":"2015-07-16T05:13:16","date_gmt":"2015-07-16T05:13:16","guid":{"rendered":"https:\/\/zfmetropolitana.com\/en\/?page_id=501"},"modified":"2022-03-01T21:56:04","modified_gmt":"2022-03-02T02:56:04","slug":"normatividad","status":"publish","type":"page","link":"https:\/\/zfmetropolitana.com\/en\/inversionistas\/normatividad\/","title":{"rendered":"Regulations"},"content":{"rendered":"<p>The\u00a0regulation for the Free Trade Zone Program offers companies a legal framework that builds security and trust with the conditions that the Colombian National Government requires to grant benefits when operating from a Free Trade Zone.<\/p>\n<h3>\u00bfWhat is the Free Trade Zone regulation?<\/h3>\n<p>It\u2019s the legal framework established by a law of the Colombian Congress (Law 1004 of 2005) which contains the purposes of Free Trade Zones, structured in 5 core principles:<\/p>\n<ol>\n<li>To be an instrument for the creation of new jobs and for the attraction of new capital investments.<\/li>\n<li>To be a development hub that promotes competitiveness in the regions where they are established.<\/li>\n<li>To develop industrial processes that are highly productive and competitive, and that follow the concepts of security, transparency, technology, clean production and good business practices.<\/li>\n<li>To promote the creation of economies of scale.<\/li>\n<li>To simplify the procedures to commercialize goods and services in order to ease their sales processes.<\/li>\n<\/ol>\n<div id=\"m_-7525164673047276553gmail-m_167861886995241363Signature\">\n<h3 id=\"m_-7525164673047276553gmail-m_167861886995241363divtagdefaultwrapper\" dir=\"ltr\">\u00bfWhy is it important and what do companies use it for?<\/h3>\n<\/div>\n<p>It is the way that the Government defines the conditions and benefits that are granted to a company that intends to establish itself in a Free Trade Zone.<\/p>\n<h3>Current Regulations &#8211; Ministry of Commerce, Industry and Tourism<\/h3>\n<p><a href=\"http:\/\/www.andi.com.co\/Home\/Camara\/1041-camara-de-usuarios-de-zonas-francas#consultoriojuridico\" target=\"_blank\" rel=\"nofollow noopener\">Visit andi.com.co (original content in Spanish)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0regulation for the Free Trade Zone Program offers companies a legal framework that builds security and trust with the conditions that the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1083,"parent":18,"menu_order":0,"comment_status":"open","ping_status":"open","template":"top-boxes3.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-501","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/pages\/501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/comments?post=501"}],"version-history":[{"count":43,"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/pages\/501\/revisions"}],"predecessor-version":[{"id":1343,"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/pages\/501\/revisions\/1343"}],"up":[{"embeddable":true,"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/pages\/18"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/media\/1083"}],"wp:attachment":[{"href":"https:\/\/zfmetropolitana.com\/en\/wp-json\/wp\/v2\/media?parent=501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}