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| Foreign (or Free) Trade Zone. |
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| Foreign Trade Zone (FTZ)
ExportAction's headquarters are located on a US Foreign Trade Zone. A free trade zone is an area to remove barriers to traditional trade; tariffs and bureaucratic regulations, for example. In the US, they are generally designated as Foreign Trade Zones.
Free trade zones are generally located near a port of entry - Clearwater/St Petersburg International Airport, near the considerable seaport of Tampa, for example. Free trade zones can be used by everyone from large manufactures to small businesses, or even individuals. Any person or entity that intends to import or export goods and can consider taking advantage of free trade zones.
Operating within a free trade zones offers benefits to importers and exporters including the deferral or elimination of customs duties, exemption from certain taxes, and inverted tariff relief. Free trade zones also offer operational benefits such as indefinite storage opportunities, increased security and insurance on goods, and top-of-the-line operating facilities.
Visit the International Trade Administration's U.S. Foreign Trade Zone website for details.
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