Key FTZ Benefits:
–Cash Flow Benefits – companies can import in bulk and pay duty on products over time as they leave the zone closer to final sale
–Duty Elimination on re-exported goods
–Weekly Entry savings on MPF and Brokerage Fees
-Country of origin and FTZ labels are not required until items leave the zone minimizing delays
Example:
An apparel company with an average inventory of $100 million would pay $15 million in duties (assuming an average 15 percent duty rate) when the goods are imported, but by operating in an FTZ the company could delay payment of that $15 million, possibly for several months on slower-moving merchandise.
California Apparel News – Using FTZs to Save When Importing Apparel
Foreign-trade zones offer great opportunities for lowering the overall cost of imported apparel and other products.