Question: Have any members applied for their own FTZ? I am looking to understand the difficulty with generating the application letter, application submission, and state and local agreements for the zone. Importers that have completed this process for their companies and could share would be appreciated. ========== Addl Answer: In many cases, you can […]
Question: In a foreign trade zone with 1 operator & multiple users (with individual IOR numbers), which party is responsible for making the weekly entry? Does each user file its own weekly entry, or does the operator need to file a weekly entry for each separate user? Is there a reg that specifies this? ************* […]
Question: We are looking into using an FTZ for product that will be sent to the USA from our affiliated company for future sale. The USA company will issue a PO and receive an invoice from the foreign affiliated when the USA company obtains orders from USA customers. Since there is not a sale at […]
Is anyone an administrator of a subzone – yes, subzone – that has one operator and multiple users? Is that allowed? We are currently in a situation where a major department is being rolled off into its own separate company (its own IOR number). Operationally, the zone remains the same, but we’ll now have two […]
Question: I was wondering if others could share if anyone accrues for the duty that could be due on product that is in a FTZ? Not what you may sell and make entry for on a weekly basis, but for total inventory in general. Any other accrual logic? Doesn’t make sense to me that you […]
Question: We are an FTZ operator and our company is restructuring and branching into different legal entities. The current company, which is activated by CBP as an FTZ operator, will continue operations unchanged. We will also start importing merchandise under new companies/IORs. Other than the different IORs, the day-to-day operations will continue as they have […]
Question: What is the difference between a Free Trade Zone and a Free Industrial Zone and what are the cons of being in one of these zones? We are considering placing a new chemical manufacturing facility in either China, Taiwan, or Malaysia. ************* Answers: Both a Free Trade Zone and a Free Industrial Zone […]
Question:QUESTION ON FTZ ENTRIES AND FIRST SALE Â We currently claim the first sale value for US entry purposes. Since Canada does not recognize First Sale, in a separate supply chain stream into Canada, we claim the “last sale” value. We are researching the idea of combining supply chain flows into a single location, an FTA […]
Question: Our company’s North American DC is in a small rural community essentially the middle of nowhere. It is centered almost exactly between two CBP ports of entry, but is about a 2.5 hour drive from either CBP office to our DC. Because of that distance, both CBP offices are claiming it is too far […]
Question: Is there any official publication that demonstrates whether FTZ status helps C-TPAT partners attain Tier 3? ========== Answer: I don’t have a publication but we are Tier3 C-TPAT status and we do not have FTZ .
Question: Our company’s North American DC is in a small rural community essentially the middle of nowhere. It is centered almost exactly between two CBP ports of entry, but is about a 2.5 hour drive from either CBP office to our DC. Because of that distance, both CBP offices are claiming it is too far […]
Question: Our company’s North American DC is in a small rural community essentially the middle of nowhere. It is centered almost exactly between two CBP ports of entry, but is about a 2.5 hour drive from either CBP office to our DC. Because of that distance, both CBP offices are claiming it is too far […]
