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The Official web site of Ajman Free Zone in the United Arab Emirates.
www.ajmanfreezone.com
Provider of logistics management for multinational corporations in the Republic of Panama.
www.cainco.com
Officially certified a Special Economic Zone (SEZ) under the Philippine Economic Zone Authority.
www.cip2.com
Curaçao free trade zone and industrial part.
www.curinde.com
Commercial importing procedures & requirement, including Foreign Trade Zone issues.
www.customs.ustreas.gov
Offers a wide variety of services from the pre-application process to Customs activation.
www.ftzcorp.com
Industrial, warehousing and disribution hub for a market of some 1.5 billion people.
www.jafza.com
Promote and support foreign-trade zones and their use as tools in the international commerce of the United States.
www.naftz.org
Caribbean Free Trade Zone providing a complement to Maquiladora Operations in Mexico, located in Dominican Republic.
www.piisa.com
Ras Al Khaimah Free Trade Zone based in United Arab Emirates.
www.rakiftz.com
Sharjah Airport International Free Zone is based in Sharjah, United Arab Emirates
www.saif-zone.com
MEPZ, Chennai (formerly known as Madras) Tamilnadu, India is administered by an office under the Ministry of Commerce, Government of India and is headed by a Development Commissioner.
www.webindia.com
The World Association of Free Trade Zones and Export Processing Zones improving the ecomomic efficiency of Export Processing Zones.
www.wepza.org
Uruguayan free trade zones, providing total tax exemption (corporate and national taxes) and Customs fees exemptions from all existing or future taxes, and deregulates state monopolies in services within ZFM.
www.zfm.com
Free trade zone of Comodoro Rivadavia, Argentina, offering a bioceanic zone.
www.zonafranca.com.ar
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Guide to Foreign Trade Zones
Free trade zones are international bases with tax incentives for business operations
Public and private corporations can apply to use or create export processing zones. The Foreign Trade Board handles and rules upon all applications. Rates and charges apply to companies using these areas. The incentive for using free trade zones is that custom taxes are not applied to goods brought into a country. Regulations apply to how goods are used, stored, and where they are shipped.
1. The Foreign Trade Board is located in the U.S. Department of Commerce in Washington, D.C. It is the arbitrator for applications to establish or use U.S. free trade zones.
2. A U.S. company applying to use a free trade zone in other countries begins the application process at that country's embassy in the United States.
3. Multinational corporations are frequent users of the free trade zones both in and out of the U.S. But small and medium-sized businesses are using this, too.
Action Steps
The best contacts and resources to help you get it done
Get the information you need on free trade zones from government sources
Foreign Trade Zones benefit companies that import or export goods from different countries. The benefits are too numerous to list but essentially this program allows companies not to pay custom taxes. Requirements and applications must be filed in order take advantage of this. Multinational corporations obviously are members of this program but small- and medium-sized manufacturers should check out what is available for their concerns.
I recommend:
Use the U.S. Foreign-Trade Zones Board site to find the benefits and the rules and regulations for foreign trade zones. You can also get forms and applications from this site, too. The ABCs for FTZs is a great starting place for smaller businesses.
Use profit and non-profit companies that specialize in foreign trade zone issues
Foreign trade zone matters are complicated, especially for someone applying for the first time. There are profit and non-profit consulting organizations that can provide solutions for your business.
I recommend:
The National Association of Foreign Trade Zones is a non-profit that fosters commerce between global companies and local communities. Foreign Trade Zone Corporation is a for-profit consulting firm for companies that wish to do business in foreign trade zones.
Search for the right trade zones information for your importing and exporting businesses
Importing and exporting businesses are the most obvious businesses to use exporting free zones. If this is the first time you've considered using zones for free trade you should make the most use of resources that can answer questions give you the right information. Issues include the safety of products that are in free trade zones.
I recommend:
Cargo security and cargo control are issues attached to foreign trade zone use. CBP is the U.S. government branch that secures borders and enforces customs laws. There is a lot of information here but also tips for new importers and exporters. The Corporation for International Business focuses on the processing the applications for "Carnets," for a fee. Carnets are "merchandise" passports needed in 70 countries for cargo to be accepted in trade free zones.
Tips & Tactics
Helpful advice for making the most of this Guide- Globalization is making Foreign Trade Zones more important than ever. U.S. and international laws apply and change frequently. Make sure you are working with a reputable organization if wish to secure free trade benefits.
