Foreign-Trade Zones (FTZs) 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.
Importers and exporters alike are utilizing FTZs realizing benefits such as a delay or reduction in duty payments on foreign merchandise, cash-flow savings, weekly entry, reduced losses and increased inventory control. Learn how your company can benefit from this federally designed tool to help local companies be more competitive both domestically and abroad.