What are the new reforms to the free trade zone law in El Salvador about?

7 Nov, 2023 | BritCham News

Made by: Lic. William Escobar member of our partner Consortium Legal

The enormous effort that the Salvadoran State has been making to encourage investment in the country must be acknowledged. As an example of this, we can mention the recent reforms to the Law of Industrial and Commercialization Free Zones (LZFIC), which are in force since September 2023.

It is worth asking what these reforms are about and how they can promote investment in the country. For this reason, we will make a brief review of the most relevant points of these modifications to the legal regime for users of free zones…