Establishing a Foreign-Trade Zone
FTZ’s may be formed by any public entity, including quasi-governmental corporations or organizations. The process is long but clear and the benefits often far outweigh time and expense of establishment.
Port of Entry
Any port designated by the U.S. government where goods may enter the United States.
Duties paid upon leaving FTZ and entering U.S. markets. No duties paid if re-exported.
Local and State tax breaks and benefits
Duty deferral and reduction
Streamlined cost-saving input procedures
Re-export duty exemption
Invert tariff relief
No duties for waste or zone-to-zone transfer