Mention of a trade name does not constitute a guarantee or warranty of the product by usda or an endorsement over other products not mentioned. Federal register foreigntrade zone 90onondaga county, ny. It increased slightly between 2010 and 2014, in line with the increase in goods. Aphis foreign animal disease framework response strategies. Box 857, liberty, tx 77575 john hebert 936 3367311 fax 936 3369285 houston. Customs and border protection office of field operations.
In the united states, a foreign trade zone ftz is a geographical area, in or adjacent to a united states port of entry, where commercial merchandise, both domestic and foreign receives the same customs treatment it would if it were outside the commerce of the united states. Foreign trade zone how it works and understanding the benefits. Customs port of entry and falls under the authority of that port. This document includes external hyperlinks to webpages and documents. A foreign trade zone ftz is a special economic zone in the united states where imported goods can be stored, distributed, processed and used without being subject to customs duty. Established by congress under the ftz act of 1934 h.
Businesses are allowed to store goods within ftzs for an unlimited period of time. Customs port of entry where foreign and domestic merchandise is generally considered to be in international commerce. There are some obvious benefits offered by a foreigntrade zone. Reno has one of the largest foreign trade zones in the nation. This document may qualify as a guidance document as set forth in executive order 891 and interpretations thereof. Minnesota foreign trade zones minnesota department of. The schedules will guide applicants with respect to the time frames. Foreigntrade zone details for foreign investment with other participants from across. This publication would be useful to brokers, freight forwarders, bonded and international carriers and other members of the importexport community. Designated locations in the united states at or near a u. The national association of foreigntrade zones the national association of foreigntrade zones partnership.
List of foreigntrade zones by state govern america. Merchandise may enter this area without a formal customs entry, or. Directorate general of foreign trade dgft organisation. This regulating arm of the ftz program was established within the u. The fisheries statistics division of the national marine fisheries service nmfs has maintained a foreign trade data base for many years. This page contains the foreigntrade zone customs manual. This document incorporates the 20 final rule with the 2008 ftr. A foreign trade zone ftz is a class of special economic zone. An overview of the program will include financial and operational benefits, application and activation, compliance and best practices, and current hot topics including 321.
Foreign trade zone 281 guidebook version i 812 6 section 5. Some sites may be located at companies facilities subzones are established for a. Census bureau and the national association of foreign trade zones. Foreigntrade zones act of june 18, 1934, as amended. Foreigntrade zones manual open pdf 2 mb the purpose of the foreign trade zone manual is to place in one document, the various laws, regulations, policies and procedures that customs and border protection cbp personnel, grantees, operators and users need to know in the daily operation of foreign trade zones. Jun 27, 2019 want to avoid customs authorities in the trade process and even defer paying duties on merchandise. For manufacturers who import merchandise for production, any duties or federal excise tax, are generally paid to customs and border protection at the time the merchandise is imported. He reportedly prepared a manual on zone creation and participated in a. Although foreigntrade zones have grown since their creation by the foreigntrade zones act of 1934, there are still very few sources of information about ftzs. Companies also receive the benefit of not having to pay duties on broken or scrapped product. Us foreign trade zonesus foreign trade zones an explanation of foreign trade zones and how exporters can utilize them. Their contributions to this document are appreciated. The 5th act of the new congress july 31st, 1789 established the customs service and ports of entry. Instructions issued in the wake of covid19 by various agencies are available at fieo website.
Where used in this part, the term also includes subzones, unless the context indicates otherwise. Compiles various laws, regulations, policies, and procedures relating to foreign trade zones. Other levels of complexity may involve importers maintaining several foreign trade subzones in different ports and foreign trade zone. Foreign trade zones of the united states, freetrade. Establish a foreigntrade zone ftz or what is often identified outside the united states as a freetrade zone. When goods are withdrawn from a ftz for export to a foreign country, the. Foreign trade zones ftzs virginia economic development. Foreign goods admitted into ftzs shall be reported as a general import. It is a geographic area where goods may be landed, stored, handled, manufactured, or reconfigured and reexported under specific customs regulation and generally not subject to customs duty. A foreigntrade zone is a secure area located in or near a port of entry. Minnesota department of employment and economic development p. The ability to file aes, electronic inbonds, and permits to transfer ptt are essential functions of a foreign trade zone solution. What is a foreign trade zone and what does the bond cover.
Authority for establishing these facilities is granted by the foreign trade zones board under the foreign trade zones act of 1934. March, 2014 this document may qualify as a guidance document as set forth in executive order 891 and interpretations thereof. A foreign trade zone is designated by the united states customs department and allows foreign and domestic merchandise to be admitted for operations such as storage, exhibition, assembly, manufacture and processing, without being subject to formal customs entry procedures, the payment of customs. The purpose of the foreign trade zone manual is to place in one document, the various laws, regulations, policies and procedures that customs and border protection personnel, grantees, operators and users need to know in the daily operation of foreign trade zones. A foreigntrade zone is typically located in or near a u. If you are a business and you are located in a specific zone you may qualify for up to an 80 percent reduction in state real and personal property taxes. Procedures manual ftz operators bond cbpf 216 discretionary proceduresapprovals. A foreigntrade zone ftz is a class of special economic zone.
Within these zones, merchandise may be assembled, exhibited, cleaned, manipulated, manufactured, mixed, processed, relabeled, repackaged, repaired, salvaged, sampled, stored, tested, displayed and destroyed, but. Foreign trade zone incentives arizona commerce authority. National association of foreign trade zones guidestar. For more information about foreign trade zones, contact liz isley, partner relations manager for the economic development partnership of north carolina at 919 4477751 or liz.
General information foreign trade zone is a secured place authorized by the federal government, considered to be outside the customs territory of the united states though under u. The compliance date for the requirements of this section shall be february 28, 2014. Purpose is to expedite and encourage foreign commerce designed to. This information is from a basic guide to exporting provided by the u. Foreigntrade zone compliance april 10, 2014 summerlin, nv. Foreign trade zones economic development partnership of. Systems access ability to accessalter ftz records and transactions. Customs duties on imported goods held within the zones until the goods enter the united states for domestic consumption. Census bureau cbps new foreign trade zone online reporting program the foreign trade zone ftz online e214 application is a new webbased system that replaces filing of ftz data via the now expired census bureaus automated foreign trade zone reporting program aftzrp. Foreigntrade zone participants heres a look at the organizations that participate in the ftzs and what role they play.
Tariff act of 1789 july 4, 1789 authorized the collection of duties on imported goods. Port of seattle receives international award for ftz growth the port of seattle received. Customs and border protection has announced new security guidelines for foreigntrade zone sites ftz and other bonded facilities. Foreign merchandise tangible personal property admitted to a zone and domestic merchandise held in a zone for exportation are exempt from certain state and local ad valorem taxes. Types of sites portmiami is a general purpose zone operating under the asf with a defined service area. Foreign trade zone ftz program is an economic development tool to i.
Where companies can use special procedures that help encourage u. Did you know in addition to foreign trade zones having a general purpose zone and a sub zone, that some zones also have a site location. Foreigntrade zone manual how is foreigntrade zone manual. They are available to multiple users on a public and uniform basis. How do i report a foreign trade zone with upcoming regulatory changes.
The above diagram depicts portmiamis general purpose foreign trade zone 281. Directorate general of foreign trade ministry of commerce. Customs port director in evansville, indiana, and are available at the general offices of foreign trade zone no. While most are tangible financial advantages, there are others that are equally important but harder to quantify.
The increase was due mainly to customer tommy bahamas business growth in 20. This indepth video explains foreign trade zones and how companies, manufacturers, importers. It includes entries, with select metadata for all documents published in the 2017 calendar year. Foreigntrade zones manual open pdf 2 mb the purpose of the foreign trade zone manual is to place in one document, the various laws, regulations, policies and procedures that customs and border protection cbp personnel, grantees, operators and users. The national association of foreigntrade zones zon report. The purpose of an ftz is to expedite and encourage foreign commerce. Some sites may be located at companies facilities subzones are established for a specific companyuse at a companys own facility. Customs, and trade zone facilities in developing countries. The most common operation of foreign trade zone activity is manufacturing or processing. This index provides descriptive entries and federal register page numbers for documents published by foreign trade zones board in the daily federal register.
Foreigntrade zone ftz or zone is a site within the united states that is legally considered outside of customs territory for the purpose of duties, so goods may be brought into the site dutyfree and without formal customs entry. Fisher 409 8355367 fax 409 8350512 115a basf corporation 115b exxon mobil port arthur ftz no. This list gives the address and phone number of the contact person for each ftz project. Explanation of foreign trade zones foreigntrade zone corporation. Liberty county economic development foreign trade zone 171 p. A foreigntrade zone is a dedicated area where goods can land, be repackaged, modified.
Virginia is the best choice for ftz activities due to our strategic midatlantic location. This page contains the foreign trade zone customs manual. Ports of indiana february 2014 vi description of foreign trade zone no. Foreigntrade zone definition is an isolated policed area adjacent to a port of entry as a seaport or airport where foreign goods may be unloaded for immediate transshipment or stored, repacked, sorted, mixed, or otherwise manipulated without being subject to import duties. If the contact person is not an employee of the grantee, the name of the grantee organization is also given. The new guidelines, physical security guidelines for cbp bonded facilities, replace the outdated rules that had been contained in t. Usda prohibits discrimination in all its programs and activities on the basis of race, color. What are they and how do they benefit businesses importing or exporting goods. This document may qualify as a guidance document as set forth in. The purpose of the foreign trade zone manual is to place in one document, the various laws, regulations. On march 10, 2014, the onondaga county office of economic development, grantee of ftz 90, submitted a notification of proposed production activity to the foreigntrade zones ftz board on behalf of ppc broadband, inc.
Foreigntrade zones allow businesses to defer paying u. Foreigntrade zone definition of foreigntrade zone by. This manual has been compiled by customs and border protection as a joint effort with the foreign trade zones board, the u. Lincoln memorial drive milwaukee, wisconsin 53207, usa potential ftz advantages. This index provides descriptive entries and federal register page numbers for documents published by foreigntrade zones board in the daily federal register. Taxfree trade zone programs began to develop in the 1970s and continued to proliferate. Customs supervision that is generally considered outside united states territory for commerce purposes upon activation. Types of foreigntrade zones foreigntrade zone sites are usually located at seaports, airports, or industrial parks.
Financial trends metrics for five most recent years 2018, 2017, 2016, 2015, 2014 officer andor employee data for 2018, 2017, 2016, 2015, 2014. This site was designed to provide information to virtually anyone involved in the foreigntrade zone ftz program. In their 2014 annual global free trade zone awards, the port was recognized for the highest. Foreigntrade zone ftz system through hearings and legislation over the past seven decades. Box 6307, dallas, tx 75261 terry parent 817 5105709 fax 972 9297228 ftz no.