Foreign Trade Zones
A foreign-trade zone is a dedicated area where goods can land, be re-packaged, modified, manipulated, re-labeled, further manufactured, and re-exported with delayed import requirements. A foreign-trade zone is especially useful to firms that import components for assembly and/or manufacture of finished products for domestic use or, which will later on, be exported from the USA.
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. DTGruelle can be of assistance in setting up a foreign-trade zone package for your company.