A Foreign Trade Zone, or FTZ, can help global shippers maximize savings and minimize operational costs. Speeding up customs clearance and eliminating paperwork seals the deal. An FTZ’s primary advantage is its ability to improve a company’s competitive position. Businesses can avoid import duties if goods that enter the FTZ are stored, sorted, tested, repackaged, and otherwise handled within the FTZ, then exported without ever entering the U.S. marketplace.
Is an FTZ, right for you? If you answer “YES” to any of the following questions, then an FTZ warehouse might be something you should consider for your business.
- Do you manufacture, assemble or process with imports?
- Do you regularly pay more than $485 per week in merchandise processing fees?
- Do you scrap, reject, destroy, waste, or return some of your imports?
- Do you export previously imported materials?
- Do you have to wait long periods of time for your orders to get through customs at the border?
- Do you sell your imported products to companies that reside in Foreign Trade Zones?
- Are you selling to the military?
- Are you currently utilizing a Customs tariff-reduction program?
If you’re interested in learning more about Foreign Trade Zones and whether the Logistics Plus Dallas/Fort Worth, Texas FTZ might be a good fit for you, click the button below to view additional helpful resources, a savings calculator, and to request more information.
