Foreign-Trade Zones (FTZ) Program
Why you should apply:
Many companies consider moving to foreign facilities to reduce costs. The benefits of the FTZ Program may be the competitive advantage that companies need to keep their manufacturing or distribution operations in the United States. Some benefits include: delayed payment of duties on goods that enter the U.S. market, no duties on imported goods that are later re-exported, reductions in merchandise processing fees due to a single customs entry (pay one fee) per week rather than making multiple entries during the course of a week, and others.