{"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":"

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

\u00bfWhat is the Free Trade Zone regulation?<\/h3>\n

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

    \n
  1. To be an instrument for the creation of new jobs and for the attraction of new capital investments.<\/li>\n
  2. To be a development hub that promotes competitiveness in the regions where they are established.<\/li>\n
  3. 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
  4. To promote the creation of economies of scale.<\/li>\n
  5. To simplify the procedures to commercialize goods and services in order to ease their sales processes.<\/li>\n<\/ol>\n
    \n

    \u00bfWhy is it important and what do companies use it for?<\/h3>\n<\/div>\n

    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

    Current Regulations – Ministry of Commerce, Industry and Tourism<\/h3>\n

    Visit andi.com.co (original content in Spanish)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

    The\u00a0regulation for the Free Trade Zone Program offers companies a legal framework that builds security and trust with the conditions that the […]<\/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":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t