Foreign Trade Zones

QUESTION: Would anyone have a template we could use to request termination of a FTZ Operating agreement. Long story short, one of our locations had established an FTZ 3 years ago.  That Employee left and no one sees value in keeping it.We are being told by the port that the site is already de-zoned by […]

QUESTION: Can the one and only person who has authorization for FTZ transactions and reporting for a company leave their employ for a full-time job at a different company but continue to fulfill the company’s FTZ requirements part-time? =========== Answer: I would suggest keeping them on as a contract employee. =========== FTZ Transactions are not “Customs […]

QUESTION: Would there be anyone whom may a procedure for FTZ operations that they would commonly include in their Compliance and Broker manuals? =============== Answers Normally there is a separate FTZ operations manual that is submitted to Customs with the FTZ activation, and needs to be maintained as a condition of FTZ operations.  You may […]

QUESTION: Are there any duty implications for the residue that’s removed from the FTZ and sold to the recycler?We import chemicals into an FTZ, the chemicals are consumed inside the FTZ and the residue is then sold to an outside (the FTZ) recycler. ************* Answers: Yes this is a dutiable event. You need to declare […]

QUESTION: We are looking to make some updates to our job titles and was curious what job titles are out there for FTZ coordinators or facilitators. This is more of a senior role in our Trade Compliance team. ========== Answers: We have or have had the following:   FTZ Supervisor, Global Trade Compliance Sr. Analyst, […]

QUESTION: This is a case of a commodity with a very volatile price that could take up to a year or more from the time we set a “provisional price” to the time we settle the final price with the provider and this settlement will come up to 210 days after the admission as “privilege […]

QUESTION: We are scrapping a lot of product that has manufacturing defects that cannot be fixed and the product is unusable.  We currently declare this foreign product on our weekly entry summary and pay duty on its full value. Is this product something we can declare as scrap and avoid the duty? Do we have […]

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 […]