Colon Free Zone, Corporate Facility

The Colon Free Zone is the heart of Panama’s commercial industry and brings economic prosperity and fiscal efficiency

Located on the Atlantic coast, the Colon Free Zone is home to more than 2,900 companies on approximately 1,200 hectares and attracts more than 300,000 visitors a year. For Panama, it is a crucial source of jobs and business opportunities.

Most of the companies are part of the Colon Free Zone Users Association, founded on November 5, 1979. Its objective is to unite and represent the users of the Free Zone, defend their rights and interests and contribute to make the Colon Free Zone the best free zone in the world.

As a non-political organization, the Users’ Association has gained important members over the years. It is committed to maintaining the competitiveness of the Free Zone, attracting foreign investment and new businesses, facing the challenges of a globalized economy and open markets.

The association maintains close collaboration with the Board of Directors of the Colon Free Trade Zone, promoting it as a logistics center for international trade both nationally and globally, without neglecting its nationally and globally, without neglecting its commitments to the province of Colon.

The users of the Free Zone have developed strong ties with the private sector and government authorities to coordinate key aspects of the national economy. To achieve this goal, 17 working commissions are actively involved in transportation, highways, airports, seaports, security, customs and trade.

At OPM Corporation we are excited to showcase the many opportunities and advantages offered by this free zone. The Colon Free Zone is not only a strategic center for trade in the western hemisphere, but also a place where companies can optimize their operations thanks to important tax advantages.

With our legal services, companies can successfully navigate international trade and Panamanian legislation.

Operate in import-export reducing taxes and duties

From re-export tax exemptions to investment incentives, the Colon Free Zone offers a unique opportunity for growth and international expansion, backed by our legal and commercial expertise in Panama.

Established by Decree-Law No. 18 of 1948, the Colon Free Zone offers numerous tax and commercial benefits that make it a vital center of economic activity. Among the main advantages are the exemption of taxes on re-exports, the absence of tariffs on imports and exports, tax benefits on services and profits abroad, as well as investment and rental incentives.

These advantages represent an extraordinary opportunity for companies that want to expand their presence in international trade, with our strategic support.

The influence of the Colon Free Zone goes beyond Panamanian borders, having a positive impact on both the local and international economy. Thanks to its intense the Free Zone is an engine of growth for Panama.

The import and export of various products, such as clothing, perfumes, textiles, gold, jewelry, liquor and cigarettes, play a key role in the country’s economy. In addition, the Free Zone facilitates trade between America, Europe, Asia, Africa and Australia, strengthening Panama’s trade relations with countries such as China, Japan, Korea, Mexico, Italy, the United Kingdom, Malaysia and Germany.

To take advantage of the benefits of the Colón Free Zone, companies must meet certain requirements and follow a specific process. It is essential to incorporate legally, creating a corporation in Panama and formalizing a contract to lease or purchase premises within the free zone.

Obtaining a Key to Operation is crucial to begin business operations, allowing direct customs clearance of goods from the ports to the company’s premises. In addition, companies must provide solid banking and business references, committing to re-export at least 60 percent of imported goods and employ a minimum of five Panamanian nationals.

We help you get established in the Colón Free Zone from A to Z

At OPM Corporation, we can help with the entire process of establishing companies in the Colón Free Zone. We offer legal and business advice, paperwork and document management, personalized guidance, and in-depth knowledge of Panamanian legislation.

With our support, companies find not only legal counsel, but also a strategic partner that facilitates access to a world of business and tax opportunities. The Colón Free Zone is an unparalleled platform for companies to grow and expand internationally.

The many tax and trade benefits of the Colón Free Zone make it an epicenter of economic activity in the Western Hemisphere and a gateway to global markets. The combination of tax exemptions, duty freedom, and a dynamic business environment makes the Free Zone an ideal setting for companies looking to streamline their operations and increase their global reach.

In this environment full of opportunities, our advice becomes indispensable. Our experience and knowledge of Panamanian laws and commerce provide companies with the support they need to successfully meet the challenges and maximize the benefits of the Free Zone.

We at OPM Corporation facilitate the establishment process and compliance with requirements, serving as a catalyst for success and growth in this unique environment.

We invite companies interested in exploring the possibilities of the Colón Free Zone to contact us. With our advice, they can take a decisive step toward expansion and success in international trade by taking advantage of one of the most important and advantageous free zones in the world.

This zone promotes foreign trade by reducing the cost of foreign products to domestic industry and consumption in the beneficiary regions. With a regime of tax and customs exemptions, individuals, companies and institutions can access the benefits offered.