Law 2632 of 2026 creates the coconut promotion quota

The Congress of Colombia enacted Law 2632 of 2026, published in the Official Gazette No. 53,614 on Thursday, September 3, 2026, through which the coconut promotion fee is established and the Coconut Culture Promotion Fund is created. The regulation imposes a parafiscal contribution of 1% on the sale value of coconut and its derivatives, in order to guarantee the sustainable development of the Colombian coconut sector.

The law, which enters into force upon its enactment and publication, seeks to improve the competitiveness and productivity of the sector, promote research and technological innovation, and support the development of capacities and entrepreneurs in the coconut industry.

The coconut promotion fee

The Coconut Promotion Fee shall be equivalent to 1% of the sale value of coconut and its derivatives, and shall be collected only once at the time of the first commercial transaction by processors, marketers, or distributors. The triggering event for the obligation is the production and commercialization of coconut in the country, both for domestic consumption and for export.

Any natural or legal person who produces and commercializes coconut in Colombia is obligated to pay. The withholding agents—any entity that processes, markets, or distributes coconut—must:

• Register the withholdings in specific and separate accounting accounts.
• Deposit the resources into the national account of the Coconut Culture Promotion Fund before the expiration of the first fortnight of the month following the withholding.
• Present the tax clearance certificate of the collection when transporting and commercializing; otherwise, the final buyer must apply the collection.
• Possess a mobility certificate issued by the Colombian Agricultural Institute (ICA) to transport fresh fruit; if not presented, the fruit may be seized.

The Coconut Culture Promotion Fund

The Coconut Culture Promotion Fund is created as a fund account without legal personality, under the responsibility of the Ministry of Agriculture and Rural Development, exclusively intended to finance programs and projects that promote Coconut Culture in Colombia. The national Government, through the Ministry, will delegate the administration, collection, and investment of the fees to the National Federation of Coconut Producers, Marketers, and Small Industrialists of Colombia (Fedecoco).

The administration contract will have a duration of five years, and the consideration for administration and collection may not exceed 10% of the total amount collected annually. The fund will be financed by the fee resources, contributions from the national budget, donations, and other resources determined by the Steering Committee.

Governance and control

The Steering Committee of the Fund will be composed of five members:

• A representative of the national Government, who will be the Minister of Agriculture or their delegate, who shall chair the Committee.
• A representative of coconut marketers.
• A representative of coconut processors.
• Two representatives of coconut growers.

The Comptroller General of the Republic shall exercise fiscal control over the resources and management of the Fund. The national Government, through the Ministry of Agriculture, must regulate the implementation of the law within six months following its promulgation. Producers and collectors who fail to comply with the obligation to collect the fee must assume and pay the uncollected amount, plus the accrued default interest.

The new parafiscal contribution provides the Colombian coconut sector with a stable financing instrument for research, marketing, export, and technical assistance, with a guild administration scheme under public supervision and fiscal control, for the benefit of coconut producers, processors, and marketers.

Source: Official Gazette (Colombia), No. 53,614, Thursday, September 3, 2026, Public Power section – Legislative Branch, p. 1 (official reference: Law 2632 of 2026).