- Colombia introduces a new tax credit for exporters through Decree no. 566 of May 28, 2025
- The tax credit is called Certificado de Reembolso Tributario (CERT)
- CERT is for firms adding significant domestic value to goods or services before export
- Aims to support reindustrialization and encourage innovation and technology in exports
- Refund is three percent of export value for goods and two percent for services
- CERT is not available for exports involving free trade zones, related parties, or certain countries
- Only firms directly involved in production and export can obtain CERT
- CERT covers 5,000 tariff subheadings including pharmaceuticals, food, machinery, automotive, and shipbuilding
- CERT is available for professional, healthcare, education, and specialized maintenance services
Source: answerconnect.cch.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.
