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CBP and Trade Automated Interface Requirements Importer/Consignee Create/Update January 31, 2019ACE ABI CAPTAIN Customs and Trade Automated Interface Requirements ___Importer/Consignee Create/Update

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How to fill out foreign trade zones

01

Determine if your company is eligible to operate in a foreign trade zone (FTZ) by consulting with FTZ authorities or officials.

02

Fill out the application for FTZ admission, providing detailed information about your company and the goods that will be processed in the FTZ.

03

Submit the application along with any required documentation and fees to the relevant FTZ authority or governing body.

04

Once approved, work with the FTZ operator to establish procedures for handling goods within the FTZ and ensure compliance with customs regulations.

05

Keep detailed records of all activities within the FTZ and comply with reporting requirements as specified by FTZ regulations.

Who needs foreign trade zones?

01

Companies involved in international trade who want to streamline their customs procedures and reduce costs

02

Manufacturers looking to benefit from duty deferral or reduction on imported components or raw materials

03

Companies engaged in processing, assembly, or manufacturing operations that involve imported goods

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What is foreign trade zones?

Foreign trade zones are secure areas located in or near a United States Customs and Border Protection (CBP) port of entry that are considered to be outside of CBP territory for tariff purposes.

Who is required to file foreign trade zones?

Any person or entity wishing to establish or operate a foreign trade zone in the United States is required to file with the Foreign-Trade Zones Board.

How to fill out foreign trade zones?

To fill out foreign trade zones, you must submit a formal application to the Foreign-Trade Zones Board outlining the specifics of your proposed zone.

What is the purpose of foreign trade zones?

The purpose of foreign trade zones is to facilitate international trade and commerce by allowing businesses to operate without the payment of duties until the goods are moved into the customs territory.

What information must be reported on foreign trade zones?

Information such as the location of the zone, the types of activities to be conducted, the goods to be kept in the zone, and the benefits to the U.S. economy must be reported on foreign trade zones.

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