Free trade zones, or foreign-trade zones, encourage the export of industrial and commercial goods by offering these zones around seaports, international airports, and national frontiers (areas throughout each geographic locations that are especially profitable for trade) that keep customs from trying to regulate and tax the landing, manufacturing (or reconfiguration), and handling of the goods before they are exported again. Duties and federal excise taxes cannot be collected on these goods until they have reached the destination where they will be sold to consumers. These secured free trade zone areas provide a place for foreign and domestic goods to be stored in secure warehouses or assembled before being exported again or distributed to other sellers and/or customers within the new location.
General Purpose Zone (GPZ or Magnet)
Sites within the previously approved boundaries of an FTZ, typically located directly on the port’s property or surrounding industrial parks and are either on enclosed or open lots. These zones have multiple users for the purpose of storage/warehousing.
Subzones / Usage-Driven
Properties that are individually owned and operated, with approval from the FTZ Board and CBP. They are used for manufacturing, storage and distribution.
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