Foreign Trade Zone (FTZ) Program
Foreign Trade Zone (FTZ) No. 80 is located in San Antonio, TX. There are currently 10 designated FTZ sites where business can locate or can also apply to have a new designation for a General Purpose which can have multiple users and functions or a Subzone, which is a site with limited purpose and cannot be accommodated within an existing site.
Foreign-Trade Zones are considered outside the territory of the U.S. for customs purposes. Therefore, goods admitted in a designated Foreign-Trade Zone are not subject to formal U.S. Customs entries or payment of duties while in the zone.
Financial Advantages Provided by Use of a Foreign-Trade Zone
- Improved Cash Flow: Duty payments may be deferred.
- Reduction of Duties: Minor assembly of merchandise is allowable. Duties may be paid on components or finished products.
- Lower Inventory Costs: Reduced duty rates on imported goods during the time they are warehoused within the FTZ.
- Improved Logistics: Goods may be stored for unlimited periods of time.
Operations which are well suited to maximized the benefits of a Foreign Trade Zone:
For more information on the FTZ’s or to apply, contact Rogelio Garcia, Director of Business Development