Curaçao’s Free (Economic) Zones are regulated by the economic zone law and is one of the tools supporting the development of Curaçao as a Logistics and Distribution Center. These Free (Economic) Zones are fenced-in areas where goods can be stored, displayed, packed, assembled, manufactured, released from bond and where certain types of services, for example regional repair centers, may be rendered. The import, export and transit of merchandise is completely duty-free while special tax incentives are provided to free (economic) zone companies through the economic zone law. The activity must be focused on trading with or providing services to consumers and companies outside of Curaçao.
Curaçao has two of such zones geared towards trading in goods as well as providing services; one is located adjacent to the international airport Hato and one at the harbor.
The Curaçao Airport Free (Economic) Zone is located adjacent to the international airport Hato, 8 miles (13 kilometers) from the seaport and 7 miles (11 kilometers) from town.
The first phase of the Airport Free (Economic) Zone covers a fully developed area of 30 acres (12 hectares) with a total of 400,000 square feet (40,000 square meters) of buildings.
Further expansion of the zone is planned in a second phase, realizing a total land area of 103 acres (42 hectares). The Airport Free (Economic) Zone is especially advantageous for companies that export goods, either by air or by sea.
This Free (Economic) Zone, located next to the harbor premises, was established in the late nineteen fifties. Nowadays, the zone is used by a number of trading companies as a distribution center.
The zone was developed successfully based on the service package that Curaçao offers, such as, excellent ports facilities, provided international financial services and state-of-the-art voice and data infrastructure.
The success of this zone, together with the local government's vision to further develop Curaçao as a regional logistic, commercial and fiscal center, has led to the development of the second Free (Economic) Zone, located next to the international airport Hato, the Curaçao Airport Free (Economic) Zone.
“Curinde has had to face quite a few challenges in the past few months, but under this new team it has worked diligently under very diverse conditions to move the Free Zone to a new direction. This shows true leadership”.
Multitex import-export Free Zone