Seattle ftz

If you have any additional questions, please do not hesitate to contact us. Information about U. Home Foreign-Trade Zones Board. Foreign-Trade Zones Board. Click here to download video. This list of open comment periods on pending FTZ Board cases is provided as a courtesy. This list will be kept as up-to-date as possible but a small lag time a day to two, potentially may occur between the time a notice is published in the Federal Register and its appearance on this list.

However, all open comment periods should be listed here well in advance of their end dates. End of tab panel. Foreign-Trade Zones Resources. Formats, guidance and instructions on requests for FTZ authority and site and subzone designations.

Learn How to Apply. Provides information on each foreign-trade zone such as contact information, sites, subzones and Federal Register notices. This is the link you will use to submit your Annual Report. If the goods are exported, then no duties or taxes are paid on those items. Customs Territory. Goods can remain in the FTZ for an indefinite amount of time and a business can conduct any number of activities, including assembly, packaging, storing, cleaning, re-packing, distributing, sorting, grading, repairing, testing or recycling.

FTZs can greatly reduce the cost of doing business and simplify processing and entry fees as well as the paperwork required. Foreign and domestic merchandise may be admitted into foreign-trade zones for storage, exhibition, assembly, manufacture, production and processing without formal Customs entry procedures, the payment of Customs duties, or the payment of federal excise taxes.

Applicable duties and fees are paid when the products leave the zone. Application process. The Weekly Entry Process available to companies operating within the FTZ can result in savings of up to 85 percent on entry and processing fees. Entry and Merchandise Processing Fees can be paid weekly, rather than daily, saving time and brokerage fees, as well.

A company that sells first aid kits imports most of the kit components from Asia — items like bandages, gauze pads, cold packs, tape, scissors, tweezers, rubber gloves, metal cases, etc.

The kits are assembled in the U. Most of the components have import duty rates of two to three percent. The duty rate for the metal boxes is 17 percent, but the import duty rate for complete first aid kits is zero. The same type of advantages can apply to a wide range of companies, especially manufacturers that import components or materials for processing or assembly in the U.

Following are steps to apply for and activate a Foreign Trade Zone. For additional details on this process, please contact the Port of Seattle. CBP will have final approval of the amount.

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