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Foreign Trade Zone Services

 

FTZ Zone Maps

1) Available SitesMap
2) Access to Major Markets Map

 

 

What are benefits of a Foreign Trade Zone:

A Foreign Trade Zone (FTZ) can help companies achieve dramatic savings. How much your company is able to save depends on many factors unique to your business - but most common benefits are:

  • - Ability to defer, reduce and/or possibly eliminate U.S. Customs Duties
  • - Lower Inventory Costs
  • - Improve Cash Flow (by delaying tax & customs duty payments)
  • - Distribution Savings

There are other possible benefits that the EDA would be happy to discuss with you. Call us toll free at 1-877-982-9511. All inquiries are kept in strict confidence. We are happy to maintain 100% client confidentiality regarding your potential project.

 

The EDA is grantee of record for Foreign Trade the #210 having been awarded the privilege of establishing, operating and maintaining a foreign trade zone for the 60 mile geographic area surrounding the U.S. Customs port of entry for Port Huron, Michigan.


A foreign trade zone (FTZ) is a site within 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. Foreign or domestic merchandise may enter this enclave without a formal Customs entry or the payment of Custom duties or government excise taxes. Merchandise entering a zone may be:

 

• Stored
• Repaired
• Displayed
• Manufactured
• Assembled
• Sampled
• Tested
• Manipulated
• Salvaged
• Relabeled
• Mixed
• Destroyed
• Repackaged
• Cleaned
• Processed

 

If the final product is exported from the United States, no U.S. Customs duty or excise tax is levied. If, however, the final product is imported into the United States, Customs duty and excise taxes are due only at the time of transfer from the foreign trade zone and formal entry in the U.S. The duty paid is the lower of that applicable to the product itself or its component parts. Thus, zones provide opportunities to realize customs duty savings by zone users. In addition, zone procedures provide one of the most flexible methods of handling domestic and imported merchandise.

 

To learn more about the foreign trade zone program, contact the National Association of Foreign Trade Zones via the internet at www.naftz.org.


For more specific information about Foreign Trade Zone #210, please the EDA Toll Free at 1-877- 982-9511 or by email to:
eda@edascc.com.

 

For additional information on Transportation & Logistics in St. Clair County, please click the link:St. Clair County Transportation & Logistics Micro Site

 

Interested in a HUBZone?
Click here for the Hub Zone Map.

 






08/10/2010 Financial & Legal Structure Workshop

Where:  M-TEC Building (SC4 campus) - Room 209
When:   August 10th ~ 6:00 - 9:00 pm

Careful planning is fundamental


08/11/2010 Fundamentals of Writing A Business Plan

Free entrepreneurial class -
Wednesday, August 11, 2010
2:00 - 4:30 p.m.
M-TEC Building (SC4 Campus)

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09/08/2010 Fundamentals of Marketing Your Business

Free entrepreneurial class -
Wednesday, September 8, 2010
2:00 - 4:30 p.m.
M-TEC Building (SC4 Campus)

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