WHAT IS A FOREIGN TRADE ZONE?
What is an FTZ? How can these zones help my business or community? Copper Hill has the answers for you!
A Foreign-Trade Zone (FTZ) is a secure region in the U.S. that is considered outside customs territory while still subject to Customs regulations. Also known as a free-trade zone, FTZs encourage and expedite U.S. participation in international trade by equalizing the treatment of U.S. and foreign trade activities. By allowing U.S. businesses to defer or even eliminate duties related to import and export activities, FTZs help businesses operating in the U.S. save money and be more competitive.