YOUR BONDED 3PL SOLUTION
Foreign Trade Zones are an excellent alternative to regular Bonded Warehouses! Call us to find out why.
WHAT IS AN FTZ WAREHOUSE?
Foreign-Trade Zones (FTZ) are secure areas under U.S. Customs and Border Protection (CBP) supervision that are generally considered outside CBP territory upon activation. Located in or near CBP ports of entry, they are the United States’ version of what are known internationally as free-trade zones.
DUTY FREE ZONE
Foreign and domestic merchandise may be moved into zones for operations, not otherwise prohibited by law, including storage, exhibition, assembly, manufacturing, and processing. Some Industries who benefit from an FTZ but are not not limited to are:
Manufacturers
E-commerce companies
Apparel
Aerospace
Electronics
Pharmaceuticals
FTZ Financial Benefits
RELIEF FROM INVERTED TARIFFS
Unlike other warehouses, inverted tariffs in a Foreign Trade Zone.
DUTY EXEMPTIONS ON RE-EXPORTS
No duties on re-exports in an FTZ warehouse.
DUTY ELIMINATION
No duty on waste, scrap, and yield loss.
CUSTOMS DUTY EXEMPTIONS
Duty exemptions on FTZ-to-FTZ transfers.
Compliance and inventory tracking.
BETTER QUALITY CONTROL
INDEFINITE STORAGE OF GOODS
Unlike regular bonded warehouses, an FTZ can store goods for an indefinite period of time.
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