Foreign Trade Zone
Gallia County companies can easily partner with Foreign Trade Zone #138
A Foreign-Trade Zone (FTZ or zone) is a site within the United States that is legally considered outside of customs territory, allowing goods to be brought in without formal customs entry.
Because foreign merchandise admitted into a FTZ is considered still to be in international commerce, it may be:
Stored or exhibited
Repackaged, relabeled or broken into smaller lots
Mixed, manipulated or used in a manufacturing or value-added process
Transferred into another FTZ with no liability until it leaves the FTZ
Benefits of Foreign-Trade Zones
The FTZ allows users to:
Reduce, eliminate or defer Customs duties
Avoid “duty drawback” on re-exported or scrapped merchandise
Increase logistics flexibility
Move merchandise directly to the factory or warehouse with no clearance delay
File Customs entry paperwork weekly rather than on each container.
Gallia County companies can partner with FTZ #138 for obtaining FTZ designation. For more information about FTZ #138, visit www.ftz138.com or contact Angie Atwood at 614-409-3622 or firstname.lastname@example.org