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Among the main modifications proposed in the bill is the incorporation of tax benefits so that a greater number of businessmen can invest in the construction of new free zones in the country.
This project is part of a modernization process for investors to approach the country, to develop and invest in a free zone, currently there is already a petition that has been approved to develop a new free zone.
The reform also intends to streamline the construction process of free zones, reduce time and also adds the possibility of building "vertical free zones" in buildings, modernizing the traditional concept of this type of development poles.
The reform also proposes a partial exemption of 60% of the income tax and municipal taxes for 10 years; the benefit is not contemplated in the current regulations.
The initiative intends to encourage national and foreign investors in the area of free zones and thus continue promoting economic and social development, generating new jobs.