Is the main free zone in the Western Hemisphere and one of the main logistics centers for multimodal redistribution in the world.
Created in June 1948, The Colon Free Zones has served for more than 69 years as the main commercial center for Latin America and the Caribbean.
Its operations began in a segregated area of 35 hectares in Colon City and with 10 companies. Now, this free zones is divided into nine different sectors that total some 1,064 hecares with more than 1,800 companies.
Laws:
Law 8
- which reorganizes the Colon Free Zone and dictates other provisions.
Law 7
- of 4 April 2016, which modifies and adds articles to Law 29 of 1992, which adopts a special free port system for the Colón Province, for its effective implementation and operation..
Is the main free zone in the Western Hemisphere and one of the main logistics centers for multimodal redistribution in the world.
Created in June 1948, The Colon Free Zones has served for more than 69 years as the main commercial center for Latin America and the Caribbean.
Its operations began in a segregated area of 35 hectares in Colon City and with 10 companies. Now, this free zones is divided into nine different sectors that total some 1,064 hecares with more than 1,800 companies.
Laws:
Law 8
- which reorganizes the Colon Free Zone and dictates other provisions.
Law 7
- of 4 April 2016, which modifies and adds articles to Law 29 of 1992, which adopts a special free port system for the Colón Province, for its effective implementation and operation..
Sectors/Industries:
- Logistics Services.
- Import, Export and Re-Export.
- Repackaging. warehousing, sales and redistribution.
- Refinement y Processing.
Avanced multimodal logistics system
There is a modern logistics network that streamlines commercial activities in companies estrablished in the Free Zone.
Inter-American Highway
It connects Panama by land with the entire Central American region.
World Class Ports
The most active in Latin America in both oceans. 5 of the 10 main ports in the region are in Panama.
Interoceanic Railroad
Connecting the Caribbean Sea with the Pacific Ocean in only 80 km, to optimize the time of the logistics operations.
Tocumen International Airport
The Hub of the Americas with flights from Panama to 90 destinations in 38 countries in 2019.
- 0% tax on profits from foreign operations.
- 0% tax rate on imports and re-exports of merchandise.
- Exonerated services provided abroad.
- Permission to import, without taxes, household goods up to $ 3,000 and 1 personal vehicle.
- Work permit for specialized or technical personnel that does not exceed 15% of specialized workers.
- No overtime rates of 25% and 75% for work on holidays and/or national mourning.
- Immigration facilities for foreign investors and executives, as well as for their dependents (spouses and children).
- Low costs in renting land, buildings and other spaces.
- Allows you to trade with more than 165 countries.
- Just 45 minutes from Panama City.
- It is considered "The Showcase of the World".
- The main container hub in Latin America.
- More than 3,000 established companies.
