- Colombia’s Ministry of Commerce, Industry and Tourism proposed new customs regimes (RTE-E and INPIMHEL) to support assembly of electric and hybrid vehicles.
- INPIMHEL offers import quotas (up to 20,000 vehicles/year for 2026-2027) at reduced tariffs, customs facilitation, and recognition as a Strategic Industrial Project.
- RTE-E regulates import and assembly of CKD and SKD kits, with requirements for national content and production commitments.
- Beneficiaries must meet minimum national content (starting at 2% in 2027, rising to 8% by 2030), employ at least 70% national labor, and implement traceability and reporting systems.
- The decree is not yet in effect, excludes importers without local infrastructure, and prohibits combining these benefits with other regimes.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Colombia"
- Colombian Court Orders VAT Refunds After Declaring Emergency Tax Decree Unconstitutional
- Colombia’s Petro Ordered to Repay Unconstitutional VAT on Gambling Licences After Court Ruling
- Colombia’s Petro Must Seek Congress Approval for Gambling VAT After Court Blocks Emergency Tax Decrees
- Colombia Proposes Voluntary Correction Regime for Invoicing Errors with Capped Penalties Until April 2026
- Private IPS Medical Device Purchases with PBS Funds May Qualify for VAT Exclusion if Used in Healthcare
