Land for rent: a good option for expanding your business?

July 19, 2023

lots for rent western free zone bogota
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Instead of following traditional land or property acquisition models, companies are discovering the advantages of establishing themselves in Free Trade Zones by leasing lots for businesses expanding their operations. This approach not only offers a range of practical benefits but also fosters flexibility, adaptability, and entrepreneurship in a constantly evolving business environment. There is no doubt that leasing lots in Free Trade Zones is an excellent alternative.

From the Western Free Trade Zone , we'll tell you about this topic. By leasing one of the lots available for businesses within a Free Trade Zone, organizations take advantage of a range of benefits that allow them to boost their expansion and achieve sustainable growth.

Access to quality infrastructure and services

lots for companies

One of the main advantages of renting land for businesses is access to first-class infrastructure. These areas are designed to provide an environment conducive to investment and business growth. They typically feature strategically designed and developed roads, efficient transportation systems, advanced communications, and reliable basic services such as electricity, water, and sanitation.

Business lots benefit from quality infrastructure without having to invest large sums of money in their development.

Tax and customs benefits

Another significant advantage of this arrangement is the tax and customs benefits. These areas are established to promote economic activity and attract foreign investment.

Those who rent these lots for businesses often benefit from favorable tax regimes, such as exemptions or reductions in income tax, import and value-added taxes, and benefits for repatriating profits. These tax incentives generate savings and improve business profitability.

Facilities for international trade

Free Trade Zones also facilitate international trade. By their very nature, these areas are designed to promote the export and import of goods and services.

By leasing land in a Free Trade Zone, companies enjoy simplified and streamlined customs procedures, reducing wait times and costs associated with cross-border trade. Furthermore, many Free Trade Zones are strategically located near ports, airports, or key trade corridors, further facilitating the transportation and distribution of goods, undoubtedly boosting the use of land for businesses.

Zona Franca Occidente is strategically located in the municipality of Mosquera, just a few kilometers from Bogotá; specifically, it is located on Avenida Troncal de Occidente. From there, various routes can be taken to transport goods to all regions of the country, allowing companies to efficiently receive or send shipments.

Flexibility and adaptability

lots for companies in Bogota

Rental lots in the Free Trade Zone offer businesses flexibility and adaptability. Instead of investing large sums of money in the acquisition of land or real estate, businesses have the option of renting lots for specific periods and adjusting their size to suit their needs.

This is especially beneficial for those in the expansion stage or operating in highly dynamic sectors. Furthermore, Free Trade Zones offer a wide range of lot options for companies, from small areas for startups to large plots for more robust businesses.

In the Western Free Trade Zone, we're the size of your industry! Our real estate offering is extensive. For example, we have over eight hectares with a 100% construction rate and a 75% occupancy rate.

Access to business networks and synergies

Rental lots provide invaluable access to business networks and synergies. These areas are designed to attract diverse companies from different sectors and countries, creating a dynamic and collaborative business environment. By establishing themselves, they have the opportunity to interact and establish business relationships with other market players, such as suppliers, distributors, manufacturers, and service companies.

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Lots for rent, the power of alliances

Lots for rent for companies in Bogota

Specifically, the topic of business synergies requires a special chapter. Using business lots for use in Free Trade Zones generates:

Collaboration Opportunities

By connecting with other companies in the Free Trade Zone, opportunities are opened for strategic collaborations and alliances, enabling them to find business partners with whom they can develop joint projects, share resources and knowledge, and leverage synergies to optimize their operations.

These collaborations generate economies of scale, reduce costs, and increase market competitiveness.

Access to suppliers and customers

The concentration of brands in a Free Trade Zone facilitates access to suppliers and potential customers. There are cases where companies that take advantage of the benefits of leasing a lot in a free trade zone have found specialized suppliers located in the same area, simplifying the supply chain and reducing logistics costs.

Furthermore, being in a strategic location and having customs facilities, companies have a greater capacity to reach new markets and expand their customer base.

Knowledge sharing and learning

There is an opportunity to interact with professionals and experts from different industries and business cultures. This facilitates the exchange of knowledge, ideas, and best practices. Organizations learn from the experiences of others and acquire new insights that allow them to improve their processes, innovate, and stay ahead in their sector.

Zona Franca Occidente organizes events, conferences, and training programs that promote learning and business development. In our case, we offer in-person training or webinars.

Influence on the business environment

By becoming part of a Free Trade Zone, through the leasing of land to businesses, you open the door to influencing the development of the business environment. Similarly, you have the option to participate in local business associations, contribute to the creation of favorable policies and regulations, and collaborate with academic and government institutions to drive innovation and economic growth.

This influence not only benefits individual businesses, but also contributes to the sustainable development and overall prosperity of the Free Trade Zone.

Zona Franca de Occidente is a strategic platform for companies that establish themselves within its facilities. Rental lots in Mosquera have an all-inclusive administration fee, plus a 15% savings on income tax, exemption from VAT on national purchases, highly competitive energy costs, and an ICA exemption for between 8 and 10 years.

Other features that benefit our lots for businesses include internal access roads with a width between 10 and 17 meters for heavy traffic, a 1-meter-thick compacted soil, and an additional common area for the exclusive use of the warehouse.

Ask us what you need to rent a lot in the Free Trade Zone and take advantage of the benefits. Contact us now!

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