A Foreign Trade Zone, or FTZ, is a site within the United States, in or near a U.S. Customs port of entry, where foreign and domestic merchandise may be introduced for a variety of reasons, including deferred U.S. Customs duties.

The FTZ provides your business with:

• Deferred U.S. Customs duties
• No drawbacks on re-exports
• Inverted tariff savings
• Quota management
• Provisions for scrap and waste disposal

Jacksonville's Foreign Trade Zone #64 comprises several locations in the city, including hundreds of acres of property at JAXPORT's three terminals, including freezer and cold storage facilities at the Talleyrand Marine Terminal. FTZ #64 also covers several industrial parks in Jacksonville, Fla., the Jacksonville Airport Authority's Jacksonville International Airport (JIA). Jacksonville Airport Authority. JAXPORT is now able to sponsor FTZ opportunities to businesses located outside Duval County.

By locating your production or operating facility within the FTZ, your business will:

• Be exempt from tariffs on re-exports.
• Pay U.S. Customs duties only when goods are transferred out of the FTZ and into United States commerce.
• Choose the tariff classification of components that are involved in the manufacturing process.
• Be exempt from duties on any merchandise that becomes waste, defective or damaged while it's in the Zone.

Or, call (904) 357-3072 to learn more about how you can save money using the FTZ at the Port.