What are the advantages of a Foreign Trade Zone to my business?
A. U.S. duty would not have to be paid on dutiable imported goods at the time they are brought into the U.S. (Foreign Trade Zone). Duty would generally be paid when the goods leave the FTZ, and no duty will be paid for merchandise that is re-exported. There are also transactional cost savings associated with a Foreign Trade Zone. For more information on Foreign Trade Zones, please visit: http://www.nevadadevelopment.org/images/ftz1.pdf; or http://ia.ita.doc.gov/ftzpage/. Foreign Trade Zone Benefits • Las Vegas is the new business gateway hub of the southwest U.S. and a key “destination” city, accessible from most anywhere. • All major transportation means and carriers are represented in Las Vegas. • Customs Brokers will be on the WJC premises.
