A Foreign-Trade Zone (FTZ) is a secure, geographical area authorized by the federal government, where commercial merchandise, both domestic and foreign, is outside the commerce of the United States for customs purposes. The United States FTZ can be located anywhere in the United States and allows manufacturers and distributors to store merchandise indefinitely and manipulate the merchandise within their FTZ with the product not subject to duties until it transfers out of the FTZ.
Often large logistics companies can provide expertise, scalability, and cost-saving solutions to support your organization's international trade. They have accredited Zones Specialists (AZs) NAFTZ who can meet your unique requirements. You can also benefit from the services of licensed Customs Brokers, across multiple industries. They are supported by our in-house brokerage and Trade Services Team. What’s more, these experts can stay ahead of changes within our global network and monitor regulatory requirements.
Want To know more about FTZ in the USA?
Of course, GEODIS offers FTZ solutions in many other countries around the globe but can also propose value added support to optimize your duties and taxes, to control your international customs flows or to provide consultancy services in various Customs and Foreign trade areas.
This article was suggested and written with the major contribution of Teryn Christy.
Teryn is Marketing Analyst for GEODIS supporting our Freight Forwarding line of business in the Americas Region. Teryn is a seasoned marketer who writes content alongside our GEODIS subject matter experts to position GEODIS as an industry thought leader.
For more details, feel free to contact our customs experts for assisting you in your future International Customs Brokerage Challenges!