Instructions for new users

Free Zone Users are individuals or legal entities which have acquired the right to carry out any of the activities included in section 2 of Law 15.921 of Free Zones.

COMMERCIAL PROPOSAL

services

How to start?

To set up a company at Colonia Free Zone, the investor shall establish a corporation with the sole objective of operating inside a Free Zone, being able to access the franchises granted by the Free Zones Act.

Direct Users are entitled to operate in Colonia Free Zone through an agreement celebrated with Grupo Continental Zona Franca S.A. and through constitution of guarantees.

Indirect Users are entitled to operate in Colonia Free Zone through an agreement celebrated with the Direct User, using their facilities.

Direct Users

Requirements to become direct user

  1. Private Limited Company with the sole and exclusive purpose of being a user of Colonia Free Zone
  2. Enter into an agreement with Grupo Continental Zona Franca S.A.
  3. Issue guarantees
  4. Annex documentation to the agreement: Investment Project
    • Brief description of the company and its objectives
    • Description of the product or service and markets, origin and destination
    • Investment
    • Projected income statement
    • Description of directly employed staff

Corporate data:

  • In the case of Corporations with registered shares or partnerships and/or single-share companies, they shall submit the name of the shareholder or partner and a domicile in Uruguay.
  • Corporations with bearer shares shall submit the names of the members of the board of directors, position and domicile in Uruguay.

Document with commercial and bank references.

  • For bank references, a letter shall be submitted, issued by the institution indicating the date since they operate with the company and the good performance of the company.

Indirect users

Requirements to become indirect user

  1. Private Limited Company with the sole and exclusive purpose of being a user of Colonia Free Zone
  2. Enter into an agreement with a Direct User of Franca S.A.
  3. Annex documentation to the agreement: Investment Project
    • Brief description of the company and its objectives
    • Description of the product or service and markets, origin and destination
    • Investment
    • Projected income statement
    • Description of directly employed staff

Corporate data:

  • In the case of Corporations with registered shares or partnerships and/or single-share companies, they shall submit the name of the shareholder or partner and a domicile in Uruguay.
  • Corporations with bearer shares shall submit the names of the members of the board of directors, position and domicile in Uruguay.

Document with commercial and bank references.

  • For bank references, a letter shall be submitted, issued by the institution indicating the date since they operate with the company and the good performance of the company.