Direct and indirect users of Colonia Free Zone benefit from several exemptions and liberties, covered by Law No. 15.921 and by the policies of Grupo Continental Zona Franca S.A. These are all benefits your company could turn into opportunities.
How to start?
OPERATIONS AND ACTIVITIES
- Import of Capital Goods and Tradable Goods from third countries, exempted from import duties.
- Export to third countries of goods in the same status and with transformation processes.
- Introduction to national territory of sold part, reducing financial costs of nationalizing goods to maintain stock.
LOGISTICS CENTER FOR TRADE
Logistics plays an increasingly important role and together with the technological development, it has enabled an overall improvement of processes. There are companies established in CFZ that offer integrated logistic services:
Development of Information Systems, Distribution Channels and Transportation at a lower cost for new tracking systems for inventory control through internet.
Coordination of reception and delivery of goods from and to the warehouses up to the delivery to the end client requires synchronization and tracking, preservation and safety conditions required for each product as well as the quality of their handling, packing conditions, recording of each stage of the process, documentation and compliance with the procedures indicated by the client.
Colonia Free Zone as a gateway
Colonia Free Zone is a gateway to over 200 million consumers. It is considered a reference point for its geographic location and easy accessibility by land, air and sea, to the region and overseas markets.
With a privileged mild climate, Uruguay offers a legal and cultural framework that promotes all types of business. Its diplomatic relations and agreements with neighboring countries set the course of a strong policy commercial expansion.
In 1994 Uruguay signed an agreement called MERCOSUR (Southern Common Market) and began a process that led to a customs union and the free movement of goods, services, production agents and people between Brazil, Uruguay, Argentina and Paraguay; offering the possibility to access the 75% of the South American market.
A growing area
Created in 1923, Colonia Free Zone benefits from special tax, financial and customs regime that provides important opportunities for its business.
Over 100,000 square meters of warehouses, manufacturing spaces and offices are situated inside the 22-hectare premises. We comply with the highest international standards to provide efficiency and safety in all transactions.
Its infrastructure enables the installation of any type of business, from factories or raw material processors, to offices or service companies.
Today, Colonia Free Zone concentrates most of the operations registered in all the Free Zones of Uruguay. Imagine all the business opportunities your company could seize in Colonia Free Zone.
- Trading, deposit, warehousing, preparation, selection, fractioning, assembly, disassembly, handling or mixing of goods or raw materials of foreign or national origin.
- Setting up and operation of manufacturing establishments.
- Provision of Financial, IT, Repair and Maintenance, Professional and other Services required for the proper operation of the established activities and the sale of said services to third countries.
Taxation and duty relief
Users that operate in the Free Zone enjoy benefits such as exemption of all local taxes, including income tax. Goods that enter the Free Zone are under duty relief of territorial nature.
Foreign goods in customs transit can enter and exit at any time, free of import or export taxes and of any existing tax or to be created.
Advantages and benefits
» FULL EXEMPTION OF DOMESTIC TAXES
Direct and indirect users of Colonia Free Zone are exempted of all domestic taxes, already existing or to be created, even those that require specific exemption by law, during the term of the contract and their renovations.
» FULL EXEMPTION OF TAXES ON ENTRY AND EXIT OF GOODS
Both for the entry and exit of goods, merchandise, raw materials or finished products, regardless of their origin, they will be exempted of all tax burdens.
» ABSOLUTE FREEDOM IN CURRENCY TRANSFERS
Uruguay has a system of free exchange that enables businesses to sell or buy their products and conduct their businesses in the currency they choose, as well of having complete freedom to transfer currencies to foreign countries.
» FREE UTILITY ISSUANCE
Entrepreneurs will be able to swift their capital and utilities abroad, in the time and place they choose.
» BANK SECRECY
Created by law, it prohibits financial institutions to disclose information on the clients’ operations, mainly investments carried out in banks. This secret may only be lifted by a court order.
» SERVICES WITH PROMOTIONAL RATES
The law stipulates that entities that provide services such as port, energetic and water supply, among others, may grant preferential to users of Colonia Free Zone.
» INVALIDITY OF STATE MONOPOLIES
Entrepreneurs may reduce costs, whether by buying gas at the global market price, hiring insurances with the company they deem convenient or generate their own energy or communication system, given that monopolies of services of industrial domain such as ANCAP and STATE INSURANTE BANK do not reach Colonia Free Zone.
» TRADE SECRETS
Established by grupo continental zona franca s.a. to protect its users’ information regarding their trade operations. This includes the names of their clients, local or foreign, domicile, goods, prices, volumes, origins, precedence, goods sellers and providers, destiny, among others.
» CONTRACT TERMS
Considering the type of investment that will be carried out, grupo continental zona franca s.a. may agree terms that are beneficial.
» ISSUANCE OF WARRANTS
Grupo continental zona franca s.a. offers entrepreneurs warrants or certificates of deposit for the goods and raw materials stored at Colonia Free Zone.
» STATE GUARANTEE FOR INVESTORS
The State of Uruguay, during the term of the contracts and under damage responsibility ensures users the tax exemptions, benefits and rights granted by Lay No. 15.921.
» RENT OF STANDARD SPACES OR MODULES
These facilities are offered at highly competitive prices compared to other investment areas, being an additional appealing element for our future users.
» CLEANING SERVICES
Monthly cleaning passes may be acquired depending on the amount of waste removed from premises.
» SECURITY AND SURVEILLANCE
The entire Colonia Free Zone has a 24-hour security system, 365 days of the year, provided by Tecnisegur Uruguay Ltda.
» STAFF HIRING AND MACHINERY RENT
Inside Colonia Free Zone users have the freedom to hire staff and rent machinery without administrative costs.
» FORM SUPPLY
We provide forms for the entry, exit, internal transfer and transformation of goods inside Colonia Free Zone, with no additional costs.
» DYNAMIC ADMINISTRATION
The law grants to grupo continental zona franca s.a. a proper decentralization that enables us to achieve the main objective: to provide a rapid, efficient and bureaucracy-free service that facilitates the investors’ management.
» REAL TIME STOCK CONTROL
Cutting edge NCR equipment that allows us to count in real time the stock of goods per user and item, through a list of weekly, biweekly or monthly movements, depending on the users requirements.
» «PARKING» SYSTEM
«Parking» is a surveillance system in a defined area, inside the perimeter of Colonia Free Zone where vehicles can be parked during the entire night until their load, unload or exit. This new mechanism was design to lower the users’ costs.
» VAST MARKETS
Following some predetermined requisites, companies may benefit from the agreements made between our country and other countries of the region, such as those with Argentina (cauce), Brazil (pec), Mexico, ALADI (Latin American Integration Association), among others.