Tag Archives: FTZs

Foreign Trade Zones (FTZs)

Foreign Trade Zones (or, “FTZs”) are licensed domestic “trade-free” sites (or “zones”) recognized as being outside the nation’s customs territory. Within the bounds of an FTZ, goods can be uploaded, manufactured, reassembled, and re-exported without being subject to U.S. customs duties, tariffs, and taxes or state and local inventory taxes. Combining domestic operations with… Read More »