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What is an FTZ
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What is a foreign trade zone
A Foreign Trade Zone (FTZ) is an isolated, policed, and enclosed area that is in or adjacent to a port of entry and is considered outside
customs territory of the United States. A FTZ is a restricted access site authorized by the Foreign Trade Zone's Board which consists of
the Secretary of Commerce and the Secretary of the Treasury. Through regulations of the Customs and Border Protection (CBP), FTZs are
secured areas under CBP supervision and are located in or near a CBP port of entry. CBP entry procedures do not apply, although FTZs are
within the territory and jurisdiction of the United States.
What Can I Do In A Foreign Trade Zone?
Merchandise admitted into a foreign trade zone may be assembled, manufactured, manipulated, sorted, repaired, cleaned, inspected, distributed,
repacked, and destroyed.
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