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, […]
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 […]
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, […]
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 […]
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 […]
Technical Analysis of DIAN Concept Number 100208192-436 of 2022. Obligations of Authorized Warehouses DIAN Concept Number 100208192-436 of 2022 establishes specific obligations that authorized warehouses must fulfill when receiving cargo from transporters or international freight agents. These obligations are essential to ensure the integrity and security of goods in the customs process. Below are the […]
Technical Analysis of DIAN Concept Number 100208192-390 of 2022 Differences between the Objection Document to Seizure and a Reconsideration Appeal DIAN Concept Number 100208192-390 of 2022 clarifies the differences between the objection document to seizure and the reconsideration appeal, two procedures used in the Colombian customs context to challenge decisions related to the seizure and […]
Technical Analysis of Decree 0324 of 2024 Reestablishment of Tariff Duties for 32 Tariff Subheadings Decree 0324 of 2024, issued by the National Government through the Ministry of Commerce, Industry, and Tourism, partially modifies Decree 272 of 2018. This new decree reinstates tariff duties for 32 specific tariff subheadings, which previously had a 0% tariff […]
Technical Analysis of Resolution 57 of 2015: Special Conditions of Goods in the Description Description of Special Conditions in the Import Declaration Resolution 57 of 2015 mandates that for the importation of goods with any special market condition, it is obligatory to specify this condition in the description of the import declaration. Article 1, Paragraph […]
Technical Analysis of the DIAN Draft Resolution – February 23, 2024 Conditions for Importation and Reexportation of Goods for the FIFA U-20 Women’s World Cup 2024 The National Directorate of Taxes and Customs (DIAN) has proposed a resolution that establishes specific conditions for the importation and reexportation of goods necessary for the FIFA U-20 Women’s […]
