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ISSN 2027-3576

[17 ]
Title: Plan Vallejo de Servicios / Plan Vallejo for Services

ISSN 2027-3576

Volume I – No. 1
February 2009
Bogotá D.C.

...
Contents
manual

0.1

What is the Plan Vallejo for Services?.................................................................
((((-

Manual

. [ Plan Vallejo for Services ]

What is the Plan Vallejo for Services?

0.1

The Plan Vallejo for Services...
0.3

. [ Plan Vallejo for services ]

( (((

Manual

Any service exporting company can
benefit from the Plan Vallejo for Se...
((((

Manual

. [ Plan Vallejo for Services ]

0.5

What services (economic activities) are
covered by the Plan Vallejo fo...
0.5

A UDI OV I SU A L

SERVI CES

SERVICE S

7499

Exclusively for activities related to telephony and computer integrate...
((((

Manual

. [ Plan Vallejo for Services ]

What services (economic activities) are
covered by the Plan Vallejo for Ser...
( (((

Manual . [ Plan Vallejo for services ]

0.5

What services (economic activities) are
covered by the Plan Vallejo fo...
((((

Manual

. [ Plan Vallejo for Services ]

What services (economic activities) are
covered by the Plan Vallejo for Ser...
( (((

Manual . [ Plan Vallejo for services ]

0.5

What services (economic activities) are
covered by the Plan Vallejo fo...
((((

Manual

. [ Plan Vallejo for Services ]

How to export using the Plan Vallejo for
Services?

0.6

Under the Plan Val...
( (((

Manual . [ Plan Vallejo for services ]

0.7

What capital goods and parts can be
imported under the Plan Vallejo fo...
((((

Manual

. [ Plan Vallejo for Services ]

How can the temporary imports of capital
goods and parts be terminated unde...
( (((

Manual . [ Plan Vallejo for services ]

0.11

What penalties apply when the
applicant fails to comply with the
esta...
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Plan Vallejo for Services Manual

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Plan Vallejo for Services Manual

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Plan Vallejo for Services Manual

  1. 1. ISSN 2027-3576 [17 ]
  2. 2. Title: Plan Vallejo de Servicios / Plan Vallejo for Services ISSN 2027-3576 Volume I – No. 1 February 2009 Bogotá D.C. Publishing Company: Fiducoldex – Fideicomiso Proexport Colombia Vicepresidencia de Inversión Extranjera info@proexport.com.co Publisher: Dirección Legal y Clima de Inversión Teléfono: +57 (1) 5600100 – Fax: +57 (1) 3415689 Cover Design: Natalia Cortés Báez Printed in: Offset Gráfico Bogotá D.C., Colombia – Febrero de 2009 The digital version of this document can be found on: www.investincolombia.com.co
  3. 3. Contents manual 0.1 What is the Plan Vallejo for Services?................................................................................................ 0.2 4 .............................................................................. 4 Any service exporting company can benefit from the Plan Vallejo for Services .................. .... 5 6 Reasons to use the Plan Vallejo for Services 0.3 0.4 ......................................................... 5 What services (economic activities) are covered by the Plan Vallejo for Services? ............... 6 What does it take to access the Plan Vallejo for Services? ... 0.5 0.6 How to export using the Plan Vallejo for Services? ....................................................................... 0.7 What capital goods and parts can be imported under the Plan Vallejo for Services? ................ 0.8 When can the Plan Vallejo for Services be modified? ...................................................................... 12 13 13 0.9 How can the temporary imports of capital goods and parts be terminated under the Plan Vallejo for Services? .............................................................................................................. 0.10 When can the Plan Vallejo for Services be terminated? .................................................................. 14 14 .. 0.11 What penalties apply when the applicant fails to comply with the established obligations and commitments? ......................................................................................................... 0.12 Related links ............................................................................................................................................ 15 15 PVSS Manual . Plan Vallejo for Services
  4. 4. ((((- Manual . [ Plan Vallejo for Services ] What is the Plan Vallejo for Services? 0.1 The Plan Vallejo for Services is a foreign trade instrument whereby service export companies including consortia and temporary unions can request authorization from the Colombian National Tax and Customs Office (DIAN), to import capital goods and spare parts (the latter only for air transportation services) totally free of import tariffs and VAT, in exchange for providing exportable services. 6 [4] Reasons to use the Plan Vallejo for Services 0.2 The PVSS offers the following benefits: * Tariff suspension for imports of capital goods and their parts. * No VAT is accrued on the importation of the capital goods and their parts. * Approval of a global dollar quota to import capital goods and their parts. * More efficiency in customs formalities. * Possibility of being used by small and medium size companies (SMEs). * Possibility of exporting services under the four international service provision modes recognized by the General Agreement on Trade in Services (GATS) of the World Trade Organization (WTO).
  5. 5. 0.3 . [ Plan Vallejo for services ] ( ((( Manual Any service exporting company can benefit from the Plan Vallejo for Services The PVSS is available for companies, including consortia and temporary unions, which are registered as “service exporting users” before the DIAN. In order to access a Plan Vallejo program, the applicant’s Tax Identification Registry (RUT) must show as main economic activity -that from which the applicant derives most of its income- any of the eco nomic activities identified by the International Standard Industrial Classification (ISIC) described under Decrees 2099 and 2100 of 2008. 0.4 * * What does it take to access the Plan Vallejo for Services? The program must contribute to the country’s service exporting development. Submitting to DIAN the application form whereby the applicant company states that it carries out one of the main economic activities for which the tool is available and requests authorization to import capital goods and authorized spare parts. The financial statements of the company must be attached. * * Having a production capacity that supports the service export project. * The applicant must obtain a bank guarantee or insurance policy equivalent to 20% of the FOB price of the quota amount allocated to the program. * Exporting services for an amount equivalent to one point five times 1.5 the FOB price of the imported capital goods and spare parts. The companies exporting health services must be officially recognized by the National Heath Accreditation System or they must commit to obtain this authorization within the next two years of the approval of the program. [5]
  6. 6. (((( Manual . [ Plan Vallejo for Services ] 0.5 What services (economic activities) are covered by the Plan Vallejo for Services? Exports of the following services under the ISIC classification adapted for Colombia may qualify for the benefits offered by this tool: Services P rovided to Companies 7210 [6] R D 7230 Data processing. Data base activities and on-line distribution of e-contents. Maintenance and repair of office, accounting and computing machinery. 7290 development services & Software consultancy and supply. 7250 Research and 7220 7240 Services and Informatics Related Services Hardware consultancy. Other computer related activities. 7310 Research and experimental development on natural sciences, health sciences, livestock and agricultural sciences and engineering. 7320 Research and experimental development on social sciences and humanities. Other services provided to companies 4010 Production, collection and distribution of electricity. Packaging Services 7495 Packing and bottling activities.
  7. 7. 0.5 A UDI OV I SU A L SERVI CES SERVICE S 7499 Exclusively for activities related to telephony and computer integrated systems to generate and receive outgoing and incoming calls (Call Centers). 9211 Production and distribution of motion pictures and video tapes. 9213 Radio and television activities. SERVIC ES R A D IO A N D T.V. [ Plan Vallejo for services ] What services ( economic activitie ) are s covered by the Plan Vallejo for Services? C OMMUNICATION T ELECOMMUNICATION S ERVICES 6424 Radio and paid television broadcasting services, by using cable networks, satellite or wireless land networks D I STRIBUTION S ERVICE S WHOLESALE TRADE SERVICES ( ((( Manual . 511 W h o lesale trad e activ ities o n a fee o r con tract b asis, in term ed iaries, co m m o d it y b ro kers, au ctio n ee rs an d o t h er w h o lesalers w ho se activ it y co n sist s exclu siv ely o r m ain ly of est ab lish in g a con t act b et w een b u y er an d seller o r p erfo rm in g t rad e activ it ies o n b eh al f an d at t h e ex p en se of t h ird p arties, ev en t h ro u g h In tern et. [7]
  8. 8. (((( Manual . [ Plan Vallejo for Services ] What services (economic activities) are covered by the Plan Vallejo for Services? 0.5 Teaching Services Other services related to teaching and education 8090 Other types of education. [8] Social and Health Services Other human health services 8511 Activities of health care institutions with hospitalization services. 8512 Hospital services Medical practice-related activities. 8514 Diagnosis support activities. 8515 Therapeutic support activities. 8519 Other human health-related activities.
  9. 9. ( ((( Manual . [ Plan Vallejo for services ] 0.5 What services (economic activities) are covered by the Plan Vallejo for Services? T OURI SM AND T RAVEL -R ELATED SERVICE S 5511 LODGINGSERVICES Lodging in hotels, guest houses and apartment hotels. 5513 Lodging in tourist resorts and camping areas. [9] C ON STRUCTION S ERVICE S AND R ELATED E NGINEERING S ERVICE S Construction of civil infrastructure engineering works for bridges, hanging roads, tunnels, underground tunnels, construction of ocean and river ports, airport runways and railroad construction. 4530 GENERAL ENGINEERING WORK FOR CON STRUCTION Architectural and engineering activities and related technical consultancy only for services related to construction of bridges, hanging roads, tunnels, underground tunnels, construction of ocean and river ports, airport runways and railroad construction. 7421
  10. 10. (((( Manual . [ Plan Vallejo for Services ] What services (economic activities) are covered by the Plan Vallejo for Services? 0.5 Transportation Services Maritime transportation services 3511 Only maintenance, overhaul and repair of ships or floating structures. Air Transportation Services 6211 cargo transportation Airship maintenance and repair International regular transportation of passengers by air. 6214 National regular transportation of cargo by air. 6333 Passenger and National regular transportation of passengers by air. 6213 [10] Airport activities and supplementary services for air transportation. 3530 Only for airship and airship engine maintenance, repair or modification. Railroad Transportation Services Maintenance and repair of railroad transportation equipment 3520 Only for the specialized repair of locomotives and rolling stock.
  11. 11. ( ((( Manual . [ Plan Vallejo for services ] 0.5 What services (economic activities) are covered by the Plan Vallejo for Services? T RAN SPORTATION S ERVICE S ROAD TRANSPORTATION SERVICES MAINTENANCEAND REPAIR OF ROAD TRANSPORTATION EQUIPMENT Maintenance and repair of automotive vehicles only for cargo transportation. 5020 ANCILLARY SERVICES RELATED TO ALL MEAN S OF TRANSPORTATION 6310 Cargo handling. STORAGESERVICES 6320 Storage and warehousing. [11 ]
  12. 12. (((( Manual . [ Plan Vallejo for Services ] How to export using the Plan Vallejo for Services? 0.6 Under the Plan Vallejo, services may be exported through one of the following modes: International Service Supply Modes [12] Mode 1: Cross-boundary Supply The service is provided in country “A” to a consumer residing in country “B”. (i.e. tailor-made software exports, telemedicine services, etc.). Mode 2: The service is provided in country “A” to a consumer from country “B” who travels to country “A” for such purpose. (i.e. Tourism, education or health services) Commercial Presence Mode 3 : Through commercial presence in the territory of country “B” of the supplier of country “A” in order to provide the service to consumers in country “B”. (i.e. Distribution services) Mode 4: Physical Movement of P ersons The service is provided through the temporal physical presence of a natural person of country “A” in country “B” with the purpose of meeting the needs of consumers from country “B”. (i.e. Professional construction services) Consumption Abroad Mode 5: Especial Mode In another country’s territory by a Colombian company remaining in such foreign country for less than 18 months.
  13. 13. ( ((( Manual . [ Plan Vallejo for services ] 0.7 What capital goods and parts can be imported under the Plan Vallejo for Services? The PVSS system allows for the importation of the capital goods corresponding to the tariff items listed by the Ministry of Treasury and the Ministry of Commerce, Industry and Tourism under article 1 of Decree 2394 of 2002, as subsequently amended. (Instructions to see these tariff ítems: 1. Enter our website www.proexport.com.co 2. Click on “Investing in Colombia”; 3 Click on “Publica; tions”). Spare parts imports are allowed only for air transportation services, and are limited to the tariff items listed by the Ministry of Treasury and the Ministry of Commerce, Industry and Tourism under Decree 2100 of 2008. 0.8 When can the Plan Vallejo for Services be modified? A PVSS program can be modified in the following cases: * * * * * * When the user wants to extend the term to import the goods. When the user wants to increase or decrease the authorized import quota. When the user wants to do the import with a leasing contract . When the user wants to transfer, totally or partially, the authorized import quota. When the user of the program is going to change as a result of a corporate reorganization. When the user wants to restructure the export commitments. [13 ]
  14. 14. (((( Manual . [ Plan Vallejo for Services ] How can the temporary imports of capital goods and parts be terminated under the Plan Vallejo for Services? 0.9 * By re-exporting the imported capital goods: * Due to the impossibility to comply with the program commitments. * Due to compliance with the program commitments. * To replace them for the insurance policy submitted by the applicant. * Due to previous authorization of the DIAN, during the life of the program. * Due to compulsory re-exportation when the DIAN refuses to issue the import registration for the ordinary import of the goods. [14] * By importing the good under the ordinary import system: * Due to the impossibility to comply with the program commitments. * Due to compliance with the program commitments. When can the Plan Vallejo for Services be terminated? 0.10 When the export commitments In particular, by presenting the studies * demonstration and proving that are fully met. been re-exporteddulyordinarily imported. of the good has or * Whenever the studies of demonstration have been duly presented and it has been proved that the good has been re-exported or ordinarily imported. * * When the approved quota is not entirely used. Unilaterally, by DIAN, when the user fails to comply with the established obligations.
  15. 15. ( ((( Manual . [ Plan Vallejo for services ] 0.11 What penalties apply when the applicant fails to comply with the established obligations and commitments? The following penalties may apply as a consequence of the applicant’s default regarding the obligations acquired upon approval of the program; they can all be enforced through the insurance policy submitted by the applicant: * * * * Termination of the program by the DIAN and enforcement of the insurance policy. Fines equivalent to 20% of the import quota used, if the user fails to comply with the obligations acquired. Fines equivalent to 20% of the import quota used when the export commitments are not met. Fines equivalent to 5% of the import quota used without due justification. 0.12 * * * Related links Ministry of Commerce, Industry and Tourism www.mincomercio.gov.co Proexport www.proexport.com.co Colombian National Tax and Customs Office (DIAN) www.dian.gov.co For more information please contact us at infoinversion@proexport.com.co [15 ]

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