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 Blount Island Marine Terminal and Talleyrand Marine Terminal, the latter which includes freezer and cold storage facilities. FTZ space is also available at Jacksonville International Airport, which is owned by the Jacksonville Airport Authority. JAXPORT is now able to sponsor FTZ opportunities to businesses located outside Duval County.

The Port is now seeking to add thousands of additional acres to FTZ #64, including JAXPORT's Dames Point Marine Terminal and several industrial parks. Meanwhile, JAXPORT can temporarily obtain a minor boundary relocation for non-manufacturing operations to quickly cover a site not currently under the FTZ umbrella, and then apply for permanent status.

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.