The Colon Free Zone (CFZ) electronic documentation system is a web-based application that enables freight forwarders, customs brokers, importers and exporters to file all their documentation to the CFZ Administration and the Panama Customs electronically from the comfort of their office.
The electronic documentation system can also be interfaced with other stakeholders such as the Chamber of Commerce and banks for data sharing and/or approvals. The system eliminates the use of paper documents and brings convenience to the users with access any time, anywhere.
Second largest free trade zone in the world
Panama boasts the largest free zone in the Americas and the second largest free zone in the world - the Colon Free Trade Zone. Located at the Caribbean entrance of the Panama Canal, the Colon Free Zone has access to three mega-ports in the Atlantic and one in the Pacific
The government of Panama has established the Colon Free Zone as an autonomous institution. The administration of this institution is operated and managed by its board of directors, an executive committee, and the general manager of the institution.