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Colombia Publishes Decree Regulating Tax Incentives for Certain Special Economic Zones

|Approved Changes|Colombia
Colombia

Colombia's Ministry of Finance has published Decree 2112 of 24 November 2019, which provides regulations for tax incentives to promote investment in the special economic zones (SEZs) in Arauca, Armenia, La Guajira, North Santander, and Quibdo.

The incentives are available for companies engaged in industrial, agricultural, and commercial activities, including newly established companies between 25 May 2019 and 24 May 2022 and companies that demonstrate a minimum 15% increase in new jobs (no …

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