Free Trade Zones (FTZ) & Bonded Facilities
Foreign Trade Zones (FTZs) are established under the Foreign Trade Zones Act and governed by the regulations and procedural rules of the Foreign Trade Zones Board. FTZs permit the manipulation, manufacturing, or exhibition of merchandise within the zone, the exportation of goods from the zone, and the transfer of merchandise into U.S. Customs territory.
In contrast, a U.S. Customs bonded warehouse is a secured facility where imported dutiable goods can be stored, manipulated, or subjected to manufacturing processes. There are over 10 different classes of warehouses, each tailored to specific types of goods and activities conducted on the premises.
​
Services offered by Prologos Law:
-
Admissibility of merchandise into a zone
-
Application and permit for admission of merchandise
-
Temporary deposit for manipulation
-
Temporary deposit in a zone; incomplete documentation
-
Certificate of arrival of merchandise.
-
Status of Merchandise in a Zone
-
Handling of Merchandise in a Zone
-
Transfer of Merchandise From a Zone
-
Penalties; Suspension; Revocation
-
Petroleum Refineries in Foreign-Trade Subzones
-
Determining Producibility and Relative Values for Oil Refinery Zones