FREE ZONE TRADE
ZLC Law: Good but Not Enough
May-10-21 | After the announcement of the Bill that creates the Program for the Modernization of the Logistics Services Infrastructure in the Colon Free Zone in Panama, local businessmen believe that more attractive incentives should be sought.
Tax: Setback for Local Authorities
Apr-16-21 | After in Costa Rica the mayor of Alajuela filed an action of unconstitutionality to revert the authentic interpretation approved by the deputies for the payment of real estate taxes applicable to free zones, the Chamber ruled negatively to the legal recourse filed.
Local Governments vs. Legal Security
Apr-12-21 | After the Mayor of Alajuela filed an action of unconstitutionality in Costa Rica to revert the exoneration of real estate taxes applicable to free trade zones, the business sector believes that legal certainty is being undermined.
Free Trade Zone Announces Ambitious Investment Plan
Jan-27-21 | America Free Zone, located in Heredia, Costa Rica, plans to execute an investment plan in the next few years totaling close to $120 million and contemplates the implementation of electro-lane stations and the construction of new infrastructure.
Economic Development Zone Begins Operations
Nov-30-20 | In Guatemala, the "Puerta del Istmo", a Special Public Economic Development Zone located in Pajapita, department of San Marcos, began operating.
Activity in the Colon Free Zone Falls 10% in 2019
Feb-26-20 | Last year the commercial activity of the Panamanian Free Zone totaled $18,469 million, 10% less than what was reported in 2018.
Colon Free Zone Focuses on the Caribbean
Dec-13-19 | Faced with the decline in commercial activity in the Panamanian Free Trade Zone, its directors are looking for new business opportunities in markets in the Caribbean.
More Investments in Free Trade Zones Authorized
Dec-10-19 | In the Dominican Republic, five new companies have approved permits to operate in free trade zones, which together will make an investment of close to $16 million.
Honduras: Reform to the Free Zones Law
Dec-4-19 | With the reform proposal to the Law of Free Zones presented to Congress, it is intended to reduce from 20 to 10 the requirements that must be met to approve a new free zone.
Second Economic Development Zone Approved
Oct-22-19 | The second project was authorized in Guatemala to install a Special Public Economic Development Zone, which will require an initial investment of $16 million and will be located in Pajapita, department of San Marcos.
Red Numbers Still in Colon Free Zone
Sep-26-19 | In the first seven months of 2019, the commercial activity of the Panamanian Free Trade Zone totaled $10.782 million, 14% less than in the same period of 2018.
El Salvador: Veto of Free Zone Law Reform
Sep-24-19 | Nayib Bukele returned to the Legislative Assembly the reform to the law of Free Zones that granted tax benefits for an additional period of 10 years to companies in the country to increase their investment in 100% with respect to the initially made.
Guatemala Seeks More Mexican Investment
Sep-19-19 | Alejandro Giammattei, elected president of Guatemala, will propose to the authorities of the North American country that a special economic zone covering both sides of the border be developed.
Free Zone Law Reforms in Honduras
Sep-13-19 | The business sector and executive authorities are working on a proposal for reforms to the Law of Free Zones of Puerto Cortés, a project that aims to expand existing incentives for this regime.
Pressure to Implement Single Window
Aug-13-19 | Five months after the regulations for the creation of the Single Window of Procedures for the Colon Free Zone were approved in Panama, businessmen are asking for their implementation to be accelerated.
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