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Foreign-Trade
Zone Consultants

Some
Commonly Asked Questions
About Foreign-Trade Zones And Subzones

Q.
How can I find out if my company can save
money by utilizing the Foreign-Trade Zones
program? The
Foreign-Trade Zone Corporation will be glad
to do a cost benefit analysis for your company
at your convenience.
Q.
Will being part of the Foreign-Trade Zone
require a lot of time and personnel hours
once we are activated?
No.
Part of the service provided by the Foreign-Trade
Zone Corporation is helping to develop and
customize your inventory control and record
keeping system so the least amount of extra
time is spent on Foreign-Trade Zone record
keeping.
Q.
Can I benefit from the Foreign-Trade Zone
if I am already using Drawback?
Definitely.
Drawback only saves your company money if
you are exporting merchandise, while the
Foreign-Trade Zone can save you money even
if you do not export anything.
Q.
Can I benefit from Foreign-Trade Zones
if my company is not located in the Zone?
Yes.
If the duty cost savings justify it, and
you meet certain criteria, you can become
a Foreign-Trade Zone Subzone. Another important
way you can benefit from FTZ's if you are
not located in one, is to use the services
of the third party warehouses located in
a Zone.
Q.
Is U.S. Customs difficult to work with?
Will you help us when dealing with them?
Customs
is not difficult to work with. U.S. Customs
has been transformed into a service-oriented
agency as well as the enforcement agency
it has always been. Nevertheless, the Foreign-Trade
Zone Corporation will be glad to assist you
when Customs issues arise.
Q.
I don't know anything about Foreign-Trade
Zones. How will I know whether or not I
am in compliance with Customs Regulations?
We
will train your employees in complying with
the Customs Regulations, and will provide
ongoing support. We will be ready to help
you with any problems you have, day or night. |