The Free Trade Zone Tax exemptions applied to companies which are settled in ZOFRI are the following:

• Corporate Tax Exemption
• VAT exemption in all the commercial transaction done under Free Trade Zone Regimen
• VAT exemption for all the services exchanged among Free Trade Zone?s Users

Tax and Customs Benefits

Tax Exemptions

The Free Trade Zone Tax exemptions applied to companies which are settled in ZOFRI are the following:

§                                 Corporate Tax Exemption

§                                 VAT exemption in all the commercial transaction done under Free Trade Zone Regimen

§                                 VAT exemption for all the services exchanged among Free Trade Zone?s Users

Customs Exemptions

While the merchandise remain in Free Trade Zone premises, they will be considered as if they were abroad and, consequently, will not be affected to the payment of rights, taxes, rates and other burdens that affect to the import of goods under the General Regime of foreign trade of the country.

From ZOFRI, the merchandise can be commercialized to the First Region, the rest of the country, abroad, Punta Arenas Free Trade Zone and within ZOFRI to other users. In each case, products are affected to different types of rights as shown in the chart below:

Customs rights and Taxes Paid by the Merchandise Sold from ZOFRI according to Destiny
Destiny Type of Tax	I Region	Rest of Chile	Foreigner[1][ 1 ]
Tariff	0	6% except by the sales until USS 1.197 without commercial character to travellers.	0
Import Tax [2][ 2 ]	1,1% on CIF value merchandise	0	0
IVA	0% on the first ZOFRI sale. 19% in the second sale in Zone of Extension.	19% on value of sale plus the tariff Except merchandise of the traveller by an amount of U.S. $ 1.197. - from ZOFRI to the rest of the Country without commercial character	0