FTZ regulations & risk management
GEODIS is a leading FTZ warehouse and service provider that takes care of all your compliance needs:
Check and file your FTZ documents and import declarations
Ensure your goods are properly classified as they enter and leave the FTZ warehouse
Assist with annual USCBP audits of FTZ facilities and operations
- Help you stay compliant and reduce the risk of surprise inspections and audits
FTZ integration, reporting, and control
GEODIS partners with your business for real-time FTZ support and visibility:
Integrate closely with your supply chain team for hassle-free FTZ services
Provide real-time insight for all of your goods through every part of the FTZ and customs process
Keep you informed and up-to-date with changing FTZ policies and regulations
- Adapt your FTZ to changing business requirements, circumstances, and priorities to keep you in control
FTZ optimization, cost reduction, & benefits
GEODIS FTZs provide multiple opportunities to significantly reduce duties and costs:
Duty deferral, reduction, or elimination as duties are only payable upon import into the US marketplace from an FTZ
Inverted tariff relief allows for lower duty rates on foreign inputs or finished products manufactured in an FTZ
Entry savings through weekly filings that reduce merchandise processing fees
Tax Reduction as products held in an FTZ may be exempt from state and inventory taxes
- Re-export FTZ exemption means that duty is eliminated on in-bond exports out of an FTZ—duties are also eliminated for merchandise that is scrapped, wasted, destroyed, or consumed in an FTZ
FTZ networks, experience, & expertise
GEODIS has a large network of Foreign-Trade Zones and FTZ experts with a proven track record:
Lower administrative costs through drawback elimination, greater inventory accuracy, an improved supply chain, and more efficient operations
Enjoy a deep bench of experience with a tenured team of more than 70 FTZ and customs experts
- Network with local officials through our extensive on-site FTZ presence across US ports of entry