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Colombia Expands Tax Benefits for Energy Projects, Including Hydrogen and Transport-Related Services

  • UPME issued Resolution 736 of 2025, expanding energy projects eligible for tax benefits in Colombia.
  • Expanded list includes transportation-related services and various stages of the hydrogen value chain.
  • Eligible projects now cover goods for biomass transport, electric vehicle parts and assembly, electric rail transport, and industrial refrigeration/heating.
  • Also included are centrifugal pumps for the hydrocarbon sector and equipment for green and blue hydrogen production, storage, and use.
  • Tax benefits include enhanced income tax deductions, accelerated depreciation, VAT exclusion, and customs duty exemptions.

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.



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