Trading Freely

A free trade zone is a part of SEZ i.e. special economic zone. It is a special geographical location wherein goods are taken, handled, produced and exported without any interference from the customs department. Commodities are liable for custom duty at the time they are made available to the customer for sale. Usually, free trade zones are organized on the outskirts of sea ports, international airports etc. it is said that a bunch of countries have mutually agreed to make their products available at affordable price by eradicating the trade barrier. Usually, people name free trade zone as labor intensive manufacturing area, since there are huge import of raw materials and products are manufactured.

Free Trade Zone Colombia provides various options for benefitting organizations operating in free trade zones. Colombia is always open towards inviting new country to invest in their country. They also welcome FDI, as it helps them in improving their financial stability. Openness to foreign investment helps an organization in increasing their trade related benefit. Doing business in free trade zone helps organizations in manufacturing products at a considerable low price. Since customers prefer purchasing quality product at affordable price, this tends to increase the profit margin of organizations. Also organizations enjoy benefit of tax exemption. Free Trade Agreement Colombia and other countries will help in strengthening of trade relations, increased used of ecommerce and better relations between the countries. Since in free trade zone, there is a heavy influx of raw material, therefore warehouse is an essential requirement. Warehouse Bogota helps in storing all the raw materials in an effective manner. Continuous manufacturing of finished goods need to be stored till the time they are shipped to different countries and made available to customers for the purpose of selling.

Free trade zone Bogota is a boon for all the organizations and customers as well. Customers are benefitted as they get products at relatively low price while organizations are benefitted as they do not have to pay tax and their products are purchased by customers easily. Exemption in custom duty gives a big relief to organizations and they can easily sell of their products to the customers.

Commercial space for lease Bogota is taken by some organizations that prefer to sell their products directly to the customers without any intermediary. They can take any shop or any outlet on lease and directly sell their products to the customers thus saving the margins for both.