Foreign Trade Zone #80-10
Port San Antonio's entire 1900 acre site is covered by a General Purpose Foreign-Trade Zone (#80-10) designation, allowing our customers the option of activation at any of the Port's sites or existing buildings.
Foreign-Trade Zones are considered outside the territory of the U.S. for customs purposes. Therefore, goods admitted in a designated Foreign-Trade Zone are not subject to formal U.S. Customs entries or payment of duties while in the zone.
Financial Advantages Provided by Use of a Foreign-Trade Zone
- Improved Cash Flow: Duty payments may be deferred.
- Reduction of Duties: Minor assembly of merchandise is allowable. Duties may be paid on components or finished products.
- Lower Inventory Costs: Reduced duty rates on imported goods during the time they are warehoused within the FTZ.
- Improved Logistics: Goods may be stored for unlimited periods of time.
Operations which are well suited to maximized the benefits of a Foreign Trade Zone:
- Assembly
- Warehouse
- Testing
- Repair
- Manufacture
- Re-package
- Salvage
- Label
FTZ Savings Calculator
Calculate your potential savings using our FTZ Calculator |