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Duty exemption on re-exports
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Relief from inverted tariffs
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Duty elimination on waste and scrap
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No duty on rejected or defective parts
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Duty deferral
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No duty on domestic content or value added
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Certain state, local and federal taxes are eliminated on foreign goods or material brought into the zone
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Spare parts may be stored, returned or destroyed without paying duty
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Merchandise Processing fees may be reduced by filing weekly entries
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Brokerage costs may be reduced by consolidating multiple entries or into a single entry
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Typically administrative costs can be reduced by the warehouse operator handling all FTZ related forms and reporting.
