NEW INCOME TAX RATE FOR FREE TRADE ZONE (FTZ) USERS
The income tax rate applicable in FTZ increases from January 1st 2017
The income tax rate for FTZ increases from January 1st to a flat rate of 20% for industrial users and a transitional rate of 34% in 2017 and 33% in the following years for commercial users.
Finally, users located in the new FTZ’s in Cucuta city, created between 2017 and 2019, are exempted from the general rate of 20%, and subject of a 15% rate.
This regulation is included in Article 101 of Law 1819 of 2016.