Ley Orgánica de las Zonas Económicas Especiales
In forceEffective 2022-07-20 · Applies to both
Article 1 sets the law's purpose as regulating the creation, organization, functioning, administration, and development of Special Economic Zones and the economic, fiscal, and other incentives applicable to them. Article 2 applies the law to public, private, mixed, and communal legal entities, national or foreign, that participate in a Special Economic Zone, and to the organs and entities of the State connected with their development.
Article 12 circumscribes a Special Economic Zone's development to two sector categories, industrial and 'Tecnológicos', the second of which reaches the installation of technology parks for the development and production of telecommunications, informatics, and telematics systems, parts, and components, computer applications and systems, solid and technological waste recycling, outer-space research and development, and military science and technology.
Chapter IV grants beneficiaries that have signed an economic-activity agreement fiscal and customs incentives, including import-duty drawback and temporary admission for active improvement (arts. 27-30), and Article 17 assigns the National Superintendency of Special Economic Zones the competence to manage, administer, direct, and control the zones. No provision addresses electricity grid interconnection, water use, or air emissions specifically.
Source: Full text of law