Colombia: New import declaration rules for “free zones” operators

Colombia: Declaration rules for “free zones” operators

There is a new special import declaration concerning “free zones” (zonas francas) in Colombia.

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The tax and customs authority (DIAN) issued Resolution 000007 on 28 January 2020 that concerns the special import declarations for imports from “special permanent” or “permanent free zones” to the national customs territory (TAN).

The special import declaration:

  • Must be submitted on Form No. 500 and submitted monthly on the last calendar day of each month
  • Must contain certain required information including the use of Code 99999999999 as a subheading, regardless of whether the merchandise may correspond to different subheadings, provided that they all have the same value added tax (VAT) rate
  • Must be submitted through the electronic computer services of the DIAN

In addition, free zone operators must submit information about the movement of goods that have actually left the free zone.

Finally, the importer must remit customs duties and taxes within the first five days of the following month in which the presentation and acceptance of the special import declaration was made.

Read a February 2020 report (Spanish) prepared by the KPMG member firm in Colombia

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