Foreign Trade Zone

What is a Foreign-Trade Zone

A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activities and value added—in competition with foreign alternatives—by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings.

About SPEED Global FTZ Services:

  • Modern Inventory Control System: Real-time Online Inventory & Tracking (Manhattan Associates)
  • Clean, Dry, & Temperature Controlled Environment
  • Open 7 Days a Week/24 Hours a Day
  • Fully Secured: C-TPAT Certified with Electronic & Video Surveillance
  • HazMat Certified
  • Fully Bonded Warehouse

Key Benefits of a FTZ:

  • Deferral of Duties
  • Reduction of Duties
  • Inventory Tax Incentives
  • Zone-to-Zone Transfers
  • Elimination of Duty Drawback