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. Foreign trade zone ftz program congress passed the u. Economic benefits to american communities executive summary foreign trade zones ftzs or zones provide tariff savings and other benefits to companies that engage in import and export operations in the united states. These benefits were provided by congress beginning in 1934 to encourage u. Complete information on the export regulations and filing. Duty is paid only when imports are shipped into us customs territory. In the united states, a foreigntrade zone ftz is a geographical area, in or adjacent to a. For more information on the ftz program, download the ftz program brochure. Ftzs are designated areas of the united states into which zone users may. Calculate the duty deferral available from a particular customs program. This list gives the address and phone number of the contact person for each ftz project. The intent of the program was to encourage international trade and increase u. Census bureau automated foreigntrade zone reporting program.
Download a fact sheet on the foreign trade zone program. Zones are listed by state and include contact information. Official source us export and import statistics foreign. This document may qualify as a guidance document as set forth in executive order 891 and interpretations thereof. Foreign trade zones program the foreign trade zones ftzs program was authorized by congress in 1934 ftz act 19 usc 81a81u and is used to help encourage activity and valueadded at u. The board also regulates the administration of foreigntrade zones and the rates charged by zone grantees. These savings, coupled with various supply chain benefits, help usbased companies become more competitive in the global marketplace. We release the most up to date data every month and you can find the latest here.
Information is also available by method of transportation with dollar values and shipping weights available for air and vessel shipments. The foreign trade division ftd provides information on u. Foreigntrade zones ftz help a company considerably increase its. Download a printable pdf solution brief for a detailed look at the features of this product. Foreigntrade zones board annual report to congress 2014. The ftz program gives special status to foreign imports and dutyfree. Census bureaus foreign trade program is the source of all u. If the contact person is not an employee of the grantee, the name of the grantee organization is also given. Cbp must approve activation of the zone before any merchandise is admitted under the foreigntrade zones act. Foreign trade zones board ftz home ftz act ftz regulations annual report to congress site map contact us glossary links. Notices and board orders online ftz information system ofis ftz home commerce treasury cbp.
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