The model promoted by ZOLIC in Guatemala allows for the development of various industrial, commercial, and service operations in areas designated under a special regime.
A company imports machinery and raw materials, stores its supplies, manufactures products, and prepares orders for various markets. What happens when all of these activities can take place within the same area?
That is one of the opportunities offered by the Public Special Economic Development Zones (ZDEEP), a model promoted by ZOLIC for establishing business operations in Guatemala.
What is a ZDEEP?
These are designated and authorized areas where industrial, commercial, and service activities may be carried out under a special regime and in accordance with the relevant customs procedures and controls.
An alternative for evaluating new operations
This combination of activities makes it possible to consider different business models: manufacturing plants, warehouses, processing facilities, and regional distribution hubs.
This model allows for the evaluation of different business models: manufacturing plants, warehouses, processing facilities, and regional distribution hubs.
Whether it is advisable to set up operations in a ZDEEP will depend on the needs of each project, its location, infrastructure, access to power, availability of personnel, logistics costs, and target markets.
In Guatemala, ZOLIC promotes this program as an alternative for companies seeking to establish or expand their operations. Each activity must have the appropriate authorizations and comply with the controls established by ZOLIC and the Superintendency of Tax Administration (SAT).
Six operations, different possibilities
Within a ZDEEP, six types of operations can be performed, which, together, offer versatility for organizing the supply chain:
Import of Goods
Receipt of raw materials, machinery, equipment, and products for production processes.
Warehousing
Storage of supplies and products, including inventory records and tracking of incoming and outgoing items.
Transformation and Processing
Assembly, manufacturing, blending, packaging, labeling, and kitting.
Transfer of Goods
Transfer of goods between ZDEEP users, in accordance with applicable authorizations and records.
Marketing and Distribution
Order fulfillment, sorting, consolidation, and distribution of goods.
Export of Goods
Shipment of products to various international destinations, in accordance with the regulations.
What should a company evaluate?
- Available infrastructure: facilities and services
- Logistics Connectivity: ports, roads, and markets
- Costs: logistical and operational
- Authorized activities: and controls under the ZOLIC and SAT systems
Through ZDEEP, ZOLIC is promoting a versatile and well-organized environment in Guatemala that allows companies to integrate the various stages of their operations in a single location.