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Regulatory

What is the Andean Price Band System (SAFP)?

The Andean Price Band System (SAFP) is a mechanism implemented by Colombia through the Andean Community of Nations (CAN) since 1995. Its primary objective is to stabilize the import cost of certain agricultural products that exhibit significant instability in their international prices. Products Included in the SAFP The SAFP covers a variety of agricultural products, […]

  • Siacomex
    Siacomex
  • 8 July, 2024

What are the Special Economic and Social Zones (ZESE)?

Technical Analysis of the Special Economic and Social Zones (ZESE) Regime What are the Special Economic and Social Zones (ZESE)? The Special Economic and Social Zones (ZESE) is a special tax regime designed to offer preferential income tax rates and benefits on withholding tax. The primary objective of this regime is to attract both national […]

  • Siacomex
    Siacomex
  • 14 June, 2024

Modification of Operations from Free Trade Zones to the Rest of the World

Modification of Operations from Free Trade Zones to the Rest of the World (External Markets) – Article 523 of Resolution 046 of 2019 Recently, Resolution 000097 was issued, modifying Article 523 of Resolution 046 of 2019, which relates to the requirements for operations from Free Trade Zones (FTZ) destined for the rest of the world. […]

  • Siacomex
    Siacomex
  • 8 June, 2024

Global Guarantee for Foreign Trade Operations

Consortia and Temporary Unions: Global Guarantee for Foreign Trade Operations Introduction to Consortia and Temporary Unions Consortia and temporary unions are associations between two or more companies that join forces to execute a specific project or activity. These legal structures allow companies to share resources, knowledge, and risks, facilitating the execution of large infrastructure projects, […]

  • Siacomex
    Siacomex
  • 29 May, 2024

Calculation of Times for Pre-Arrival Declarations

Technical Analysis of Pre-Arrival Import Declarations: Calculation of Times According to DIAN Calculation of Times for Pre-Arrival Declarations According to a recent statement by the National Directorate of Taxes and Customs (DIAN), the method for calculating the times for submitting a mandatory pre-arrival declaration has been clarified. Specifically, neither the day the declaration is submitted […]

  • Siacomex
    Siacomex
  • 23 May, 2024

Digital Certificates of Origin between Colombia and Argentina

Technical Analysis of ACE 072 Trade Agreement: Digital Certificates of Origin between Colombia and Argentina Implementation of Digital Certificates of Origin Starting in April 2024, the customs authorities of Colombia and Argentina have begun issuing and receiving certificates of origin in digital format. This initiative is part of the Economic Complementation Agreement No. 72 (ACE […]

  • Siacomex
    Siacomex
  • 30 April, 2024

Who and what types of goods are exempt from the mandatory pre-arrival import declaration?

Technical Analysis of Pre-Arrival Import Declarations: Exemptions Who and what types of goods are exempt from the mandatory pre-arrival import declaration? According to the current customs regime, certain situations, types of users, and modalities are exempt from the obligation to submit a pre-arrival import declaration. These exemptions are designed to facilitate and expedite the customs […]

  • Siacomex
    Siacomex
  • 19 April, 2024

What is the minimum time to submit a pre-arrival import declaration when it is mandatory?

Technical Analysis of Pre-Arrival Import Declarations: Minimum Times What is the minimum time to submit a pre-arrival import declaration when it is mandatory? According to the current customs regime, the mandatory pre-arrival import declaration must be submitted within certain time frames depending on the mode of transport and the journey. General Minimum Time As a […]

  • Siacomex
    Siacomex
  • 13 April, 2024

What is a Pre-Arrival Import Declaration?

What is a Pre-Arrival Import Declaration? A pre-arrival import declaration is a type of declaration submitted before the arrival of the transportation means at the national customs territory. This method helps expedite the import process and reduce waiting times at customs. Obligations According to Decree 659 of 2024 Decree 659 of 2024 mandates the submission […]

  • Siacomex
    Siacomex
  • 10 April, 2024

New Technical Regulation for Electrical Installations and Products – RETIE

New Technical Regulation for Electrical Installations and Products – RETIE, Resolution 40117 of 2024 Background and Objectives The Technical Regulation of Electrical Installations (RETIE) aims to ensure the safety, reliability, and efficiency of electrical installations in Colombia. The proposed updates in the new regulation incorporate technological advancements and international standards to enhance the effectiveness of […]

  • Siacomex
    Siacomex
  • 5 April, 2024