Transitory free trade zone | Plaza Mayor Medellín
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Transitory free trade zone

Transitory Free Trade Zones are characterized by their commercial nature, and are delimited areas of the national territory where international fairs, exhibitions, congresses and seminars are held, which are of importance to the country’s economy and international trade.

For this reason, Plaza Mayor Medellín provides services of Transitory Free Trade Zone to its customers and exhibitors, in the form of a Transitory Free Trade Zone. We offer solutions for their foreign trade needs. Through the services of the Transitory Free Trade Zone we facilitate the entry and exit of international goods for our customers’ projects, events, trade fairs, exhibitions or trade shows.

Benefits

  • Goods for use, consumption, or free distribution within the Free Trade Zone: samples without commercial value, advertising material, booth elements, items exclusively intended for demonstration purposes within the premises, to be consumed at the fair, food, and beverages. The exhibitor may bring advertising material from abroad without paying taxes up to:

  • If equipment and/or products are sold, taxes are paid by the importer in Colombia, not by the foreign exhibitor.
  • If they have merchandise in another Free Trade Zone in the country, it is not necessary to nationalize them, as it is possible to make transfers between Free Trade Zones without paying taxes.
  • To bring merchandise from another country, it is not necessary to have a company registered in Colombia to submit the documentation; it can be brought in one’s own name with a proforma invoice.
  • From the Temporary Free Trade Zone of Plaza Mayor, any destination can be given to the goods, such as:

– Return of merchandise to the exterior.

– Transfer to another Free Trade Zone..

  • No accrual of VAT or tariffs, as long as the exhibitors have their goods in Plaza Mayor.
  • Goods of foreign origin can remain until the end of the Temporary Free Trade Zone.
  • Incoming exhibition merchandise for sale purposes, order taking, which will be either nationalized or returned to the country of origin.

How do we make it possible?

  • We provide guidance and advice related to customs and foreign trade issues, such as processes, rules and entry forms for goods entering the facility, among others.
  • We control the area where events are held and for which a declaration as Transitory Free Trade Zone is requested.
  • We authorize the entry and exit of goods (national, imported or foreign) from the Transitory Free Trade Zone through the computer systems of Plaza Mayor.
  • We store foreign goods under control of the Customs Authority during the period authorized by the MINCIT.

Services of the Free Trade Zone.

  • We provide advice and support on customs and foreign trade issues, such as regulations, processes, completion of forms for merchandise entry into the premises, among others.
  • We manage the area where events are held and for which the declaration of Temporary Free Trade Zone is requested.
  • We authorize the entry and exit of merchandise (national, nationalized, or originating from abroad) from the Temporary Free Trade Zone through Plaza Mayor’s computer systems..
  • We store foreign goods under the control of the Customs Authority during the term authorized by the Ministry of Commerce, Industry, and Tourism (MINCIT).

Entry of goods to the
exhibition grounds

  • For the entry of merchandise in the possession of a traveler by air, fill out Form #1.
  • For the entry of merchandise coming from abroad, please contact the Free Trade Zone Coordination at Plaza Mayor.

If you have any questions or if you want further information, please feel free to contact the coordination of Plaza Mayor Free Trade Zone

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Juan Camilo Molina Giraldo
Phone: (+57) (4) 261 736
Cell Phone: 3217335102
Email: [email protected]

 

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