Bogota Foreign Investment Guide
18. Cross-Border e-Commerce
What is inside?
Preliminary stage
- Migratory Regime
- International Investment Agreements & Trade Treaties
- Foreign Investment Incentives
- Foreign Investment & Currency Exchange Regime
- Business Creation
- Tax Regime
- Intellectual Property
Investment stage
- Financial Regime
- Labor System
- Real Estate Acquisition and Leasing
- Customs Regime and Free Trade Treaties
On operation
- Public Procurement Regime
- Mergers and Acquisitions (M&A) Processes
- Competition Regime
- Environmental Regime
- Green Investments
- Investment in Dynamic Ventures
- Cross-Border e-Commerce
- Conflict Resolution Mechanisms
Business close stage
Cross-Border Electronic Commerce (CBEC) is known internationally as the “sale or purchase of goods or services that is carried out through computer networks with methods specifically designed to receive or place orders”, with the exception that such purchase and sale of goods and services occurs between persons who are in different countries.
CBEC operations are usually carried out through marketplaces: web pages that serve as online sales platforms that connect the seller (which may be in any country in the world) with the buyer (in Colombia for import operations).
Investors who intend to start CBEC operations through marketplaces should consider the following aspects:
- Postal Traffic and Express Mail (TPEU for its name in Spanish) Regime.
- De minimis Rule.
- Free Trade Zones (FTZ)
- Foreign exchange regime of the CBEC
- E-Commerce Logistics Process
- Consumer Protection
We invite you to download and consult the full chapter to learn more about Cross-Border Electronic Commerce, its regulatory framework, principles of its customs and foreign trade regime, logistics processes of the CBEC (storage, shipping, returns), consumer protection of e-commerce, and the advantages that Bogotá Region has for you, should you decide to invest in this market.
