Frequently Asked Questions about Foreign-Trade Zones

FREQUENTLY ASKED QUESTIONS ABOUT FOREIGN-TRADE ZONES

Can I benefit from the Foreign-Trade Zone if I am already using Drawback?

Definitely. Drawback only saves your company money if you are exporting merchandise, while the Foreign-Trade Zone can save you money even if you do not export anything. Compared just to drawback's benefits, the Foreign-Trade Zone is easier to use and will always save you more money.

How can I find out if my company can save money by utilizing the Foreign-Trade Zone?

The Huntsville Foreign-Trade Zone Corporation will be glad to do a cost benefit analysis for your company free of charge, at your convenience.

Will being part of the Foreign-Trade Zone require a lot of time and personnel hours once we are activated?

No. Part of the service provided by the Huntsville Foreign-Trade Zone Corporation is helping to develop and customize your inventory control and record keeping system so the least amount of extra time is spent on Foreign-Trade Zone record keeping.

Can I benefit from Foreign-Trade Zones if my company is not located in the Zone?

Yes. If the duty cost savings justify it, and you meet certain criteria, you can become a Foreign-Trade Zone Subzone. Another important way you can benefit from FTZs if you are not located in one, is to use the services of the third party warehouses located in FTZ 83.

Is U.S. Customs difficult to work with? Will you help us when dealing with them?

Customs is not difficult to work with. The U.S. Customs Agency has been transformed into a service oriented agency as well as the enforcement agency they have always been. But, nevertheless, the Huntsville FTZ Corporation will act as a liaison between your employees and Customs on a day-to-day basis.

I don't know anything about Foreign-Trade Zones. How will I know whether or not I am in compliance with the Customs Regulations?

We will train your employees in complying with the Customs Regulations, as well as providing ongoing support, and we will be ready to help you with any problems you have, day or night.

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