Foreign-trade zones are designated sites licensed by the Foreign-Trade Zones (FTZ) Board (Commerce Secretary is Chairperson) at which special customs procedures may be used. These procedures allow domestic activity involving foreign items …

Mar 13, 2014 · This document may qualify as a “guidance document” as set forth in Executive Order 13891 and interpretations thereof; such guidance documents are not binding and lack the force and effect of law, except as authorized by law or as incorporated into a contract.

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 …

How many FTZ operations are there? According to the Foreign-Trade Zones Board’s 2019 Annual Report, nearly 350 active FTZ production operations are currently in place across the U.S., employing approximately 460,000 people and importing more than $767 billion in shipments.

Feb 11, 2025 · Foreign-trade zones (FTZs) are specially designated sites near U.S. ports of entry that allow corporations of all sizes to move goods in and out of the country paying reduced or no customs duties, taxes, or fees.

§400.42 Operation as public utility. (a) In general. Pursuant to Section 14 of the FTZ Act (19 U.S.C. 81n), each zone shall be operated as a public utility, and all rates and charges for all services or privileges within the zone shall be fair and reasonable.

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.

Operating within a Foreign Trade Zone (FTZ) can be a strategic advantage for businesses looking to optimize their international trade operations. However, navigating the complexities of FTZ management presents unique challenges that require careful attention and strategic solutions.

Foreign-Trade Zones (FTZ) are secured, designated locations around the United States in or near a U.S. Customs Port of Entry where foreign and domestic merchandise is generally considered to be in international commerce and outside of US Customs territory.

The Foreign-Trade Zones Program was created by the U.S. Congress with passage of the Foreign Trade Zones Act of 1934, as amended (19 U.S.C. 81a-81u). Enacted during the Great Depression, the FTZ Act was intended to “expedite and …