Colon Free Zone

Páginas: 8 (1794 palabras) Publicado: 9 de agosto de 2012
Special Economic Zones

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Colon Free Zone

Contents
Special Economic Zones ....................................................................................................................... 0 INTRODUCTION............................................................................................................................................. 1 Special Economic Zones ............................................................................................................................ 1 Colon Free Zone - Overview.......................................................................................................................... 2 General Information................................................................................................................................. 2 Location................................................................................................................................................. 2 Connectivity .......................................................................................................................................... 3 Factsand Figures................................................................................................................................... 4 Colon Free Zone - Infrastructure................................................................................................................... 5 ExpansionPlans......................................................................................................................................... 6 Colon Free Zone - Services ............................................................................................................................ 7 Colon Free Zone – Benefits and Requirements for Establishment ............................................................... 8 Colon Free Zone - Cost of Establishment...................................................................................................... 8 Statistics ...................................................................................................................................................... 10 Total Commercial Trade.......................................................................................................................... 10 Re-exports............................................................................................................................................... 12 Main re-exported products................................................................................................................. 12 Main commercialpartners.................................................................................................................. 12 REMARKS..................................................................................................................................................... 12

Colon Free Zone

INTRODUCTION
Special Economic Zones
One successful strategy to increase local investment and to attract new investors is the adoption of laws that facilitate the establishment ofSpecial Economic Zones (SEZ). The SEZ are segregated areas located in different strategic locations of the country that receive tax benefits and migratory and labor flexibilities aimed to promote the development of specific economic activities. Panama has created laws and regulations allowing local and foreign investors to establish companies in segregated special areas with a variety of fiscal,migratory and labor incentives with the main objective of developing different kind of activities and to promote international trade, manufacturing and complimentary services. These are called Special Economic Zones. Colon Free Zone is a free trade zone whose objective is to serve as a platform for redistributing wholesale and tax exempted goods from Asia, Europe and North America to Latin America...
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