Free Trade Zone

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Free Trade Zones are defined as a delimited geographic area within the national territory where industrial activities of goods and services or commercial activities are carried out under special regulations regarding taxation, customs, and foreign trade. A Free Trade Zone in Nicaragua for exmaple is ZIPSA.

Click below to learn more about the governing free trade zone authorities for Central America.

 To be an instrument for job creation and for attracting new capital investments, a hub of development that fosters competitiveness in the regions where it is established, develop highly productive and competitive industrial processes, under the principles of safety, transparency, technology, clean production, and good business practices, promote the generation of economies of scale, and to streamline procedures for the trade of goods and services to facilitate their sale. 

A Free Trade Zone in Nicaragua for example ZIPSA, helps create job opportunities by investing in infrastructure.

Businesses may apply for admission to the Free Trade Zone Regiment in Nicaragua for example, provided that they intend to establish and operate companies that export their production and/or services outside nearing regions. 

Businesse intending to establish production or services have to export outside of the Central American area.