Colombia’s new Free Trade Zones Decree has been one of the best news for its economy in recent times. A new piece of legislation that helps reactive the investment, employment and financial development of the country and which increases its exports and imports in e-commerce. In this way, it becomes a cross-border e-commerce distribution hub with great competitive advantages for companies.
This Decree allows Free Trade Zone users to produce goods that can be exported or imported through e-commerce and makes it possible, at no cost, to have an international postal traffic regime of less than US$200. Likewise, users will experience a reduction and simplification of procedures by up to 42% and will see a decrease in the minimum amount of investment required. This gives them legal stability, increased competitiveness and business confidence. In this way, it ensures fairer competition between importers and exporters.
Colombia thus acquires an international tax regulation similar to that of the countries of the Pacific Alliance, with which it is unifying its strategy in order to attract the investment that is arriving in Latin America on a massive scale due to the effect of nearshoring,, one of the ways to outsource services in a company. In fact, IDC assures in one of its latest reports that Latin America offers the North American market a unique combination of geographical proximity and partners with developed capabilities and sufficient maturity to provide high-quality services to its customers.
Undoubtedly, there are many advantages of having a warehouse in a Free Trade Zone in Colombia, especially for sectors such as fashion and lifestyle products. Logisfashion helps you benefit from all of them, providing logistics solutions and value-added services specialised in textile and fashion, fully personalised. Among them, product storage, technical labelling, quality control before nationalisation, partial nationalisations, retrofitting, preparation of orders for stores and e-commerce, reshipments, distribution, etc.
An end-to-end value proposal that integrates the entire supply chain into a single operator, allowing you to pay for the merchandise only when it is sold, without product costs per stock stopped, and which takes advantage of the entire value chain from start to finish.
