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Commerce Street Industrial Historic DistrictPetersburg, Virginia5. Classification Ownership of Property (Check as many boxes as apply) XX Category of Property (Check only one box)private public local
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How to fill out about foreign-trade zones and

01
Research and determine if utilizing a foreign-trade zone is beneficial for your business.
02
Obtain approval from the Foreign-Trade Zones Board to establish a foreign-trade zone.
03
Fill out the application form for establishing a foreign-trade zone, providing all required information and documentation.
04
Submit the completed application form to the Foreign-Trade Zones Board for review and approval.
05
Once approved, follow the guidelines and regulations set by the Foreign-Trade Zones Board for operating within the foreign-trade zone.

Who needs about foreign-trade zones and?

01
Businesses engaged in importing and exporting goods
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Companies looking to reduce import duties and tariffs
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Manufacturers aiming to streamline their supply chain operations
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Businesses seeking to enhance their global competitiveness
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Foreign-trade zones are secure areas located in or near US Customs and Border Protection Ports of Entry, but legally considered to be outside the country.
Companies or businesses that operate within foreign-trade zones are required to file reports about their activities.
To fill out reports about foreign-trade zones, companies must provide detailed information about the goods being imported, manufactured, or processed within the zone.
The purpose of foreign-trade zones is to facilitate international trade and increase the global competitiveness of US businesses.
Companies must report on the type and quantity of goods entering the zone, the value of the goods, and the country of origin.
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