Establishing Data Centers in Free Trade Zones has key advantages such as tax incentives: tariffs on goods, VAT exemption, benefits for imported equipment and supplies, in addition to VAT exemption for goods and equipment purchased in the national customs territory and a single income tax rate. In today's digital world, efficient data management is at the heart of many business operations.
We live with the growing demand for reliable and secure data centers, forcing companies to explore strategic locations for their establishment. An increasingly popular and attractive option are the Free Trade Zones, in this article, from Zona Franca de Occidente we will present you why establishing Data Centers in Free Trade Zones has key advantages.
The data center trend is still quite strong, according to the Statista portal, "revenues generated by data centers globally will increase gradually between 2021 and 2028, by which time it will be above US$100 billion by that year."
Therefore, its use and strategic location will be essential for companies that use these assets, let's learn why establishing Data Centers in Free Trade Zones has key advantages.
Tax and customs benefits
Free Trade Zones are known for their tax and customs benefits, making them a magnet for companies from various industries. By establishing a data center in one of them, companies take advantage of tax exemptions, tariff reductions and other incentives, which translates into significant savings in the long term.
These benefits allow organizations to invest more resources in the infrastructure and technology of their data centers, improving their capacity and performance, being clearly one of the positive reasons to establish Data Centers in Free Trade Zones and their key advantages.
Advanced infrastructure
They manage an advanced infrastructure that facilitates the operation of high-tech data centers, e.g., access to high-speed fiber optic networks, reliable power supply and state-of-the-art security systems are common features in these areas.
Among the key advantages of having a Data Center in Free Trade Zones is the presence of a robust infrastructure that guarantees an environment conducive to efficient and continuous operation, minimizing the risk of interruptions.
International trade facilitation
Free Trade Zones are designed to facilitate international trade, which is especially crucial in the context of data centers. The strategic location of and efficient logistical connections facilitate the import and export of equipment, components and services related to data centers.
This reduces the costs and time associated with the acquisition of state-of-the-art technology, keeping the data centers updated and competitive, which is another key advantage of having data centers in Free Trade Zones.
Favorable regulatory environment
By developing favorable regulatory environments that simplify bureaucratic processes and speed up permitting, these zones and those rules are fundamental for the rapid establishment and operation of a data center, which also provides key advantages of having Data Centers in Free Trade Zones by giving agility in the implementation of new technologies and adaptation to market changes that are crucial.
Business collaboration
Proximity to other companies in Free Trade Zones facilitates business collaboration. Data centers can benefit from sharing resources, knowledge and services with other companies in the same environment. This includes data redundancy agreements, sharing of best practices and collaboration on technological innovation projects, which are among the key advantages of having data centers in Free Trade Zones.
Environmental sustainability:
By establishing a data center in an environment that values sustainability, organizations demonstrate their commitment to environmental responsibility. The adoption of renewable energy, energy efficiency practices and responsible waste management are key aspects that can boost the reputation and credibility of a data center, undoubtedly among the key advantages of having a data center in Free Trade Zones.
Operational flexibility
Free Trade Zones offer operational flexibility, allowing companies to quickly adapt to changing market demands. This flexibility translates into the ability to scale data center infrastructure efficiently, add or reduce resources as needed, and remain agile in a dynamic business environment.
Access to international markets
Establishing a data center in a Free Trade Zone provides direct access to international markets. This is especially beneficial for companies operating in a global environment, as they leverage existing connections to expand their reach and improve connectivity with customers and partners around the world, this is one of the key advantages of having data centers in major Free Trade Zones.
Free Trade Zones offer a number of additional advantages, such as climate resilience, business collaboration, environmental sustainability, operational flexibility and access to international markets, which make them an even more attractive choice for the establishment of data centers.
These combined advantages help create an environment conducive to growth, innovation and sustainable success for data centers in the digital age.
What is a data center
A data center is a site designed to house a large amount of computer equipment and associated components, such as telecommunications systems and data storage. These sites are optimized to ensure a secure and controlled environment for the efficient operation of electronic equipment.
Basically, it is a space filled with servers, storage systems, routers, switches and other devices needed to process, store and transmit data.
Data centers are critical to the operation of online services, enterprise networks, cloud systems and many other technology applications. In addition, they typically have robust security measures, power backup systems and advanced cooling to ensure consistent performance and integrity of stored data.
Quoting Invest Colombia, the web page of a Colombian newspaper, he assured that " more than 20 of them have been established in the national territory, with important companies... currently, the country has 14,000 mts2 of datacenters for the more than 48 million inhabitants, which generates an investment opportunity in the expansion of supply in this sector" .
Schedule an appointment and our experts will tell you about the advantages of our facilities to establish a data center in Zona Franca de Occidente.
