Are you ready for a scope review? – 1st Quarter 2015

When the FTZ Board regulations (15 CFR Part 400) were revised in 2012, activities previously referred to as “manufacturing” or “processing” essentially were merged under one definition termed “production”. For FTZ operators and users, it is critical that the definition of production is fully understood so that the regulations and requirements pertaining to production can be complied with on an ongoing basis.

FTZ Board Annual Report – 4th Quarter 2014

The FTZ Board regulations (15 CFR §400) require that each Grantee submit an annual report to the FTZ Board by March 31st each year. In turn, each year the FTZ Board submits the completed annual report covering activities of all zones to Congress.

A Big Benefit with Many Possible Compliance Considerations – 3rd Quarter 2014

Most companies currently using or considering using the FTZ program are keenly aware of weekly entry and how it can improve import operations. Self-enacting federal legislation was passed in 2000 that significantly expanded the logistics and administrative benefits of FTZs to distributors…

FTZ Operations and In-Bond Challenges – 2nd Quarter 2014

In-bond is an integral part of zone operations, facilitating the movement of goods without the payment of duty to the zone from the port, between zones, extending zone benefits to zone exports, and helping to create duty savings both, up and down the supply chain. Chances are if you are involved in zone operations, you have had a close encounter with the in-bond program.

FTZ Compliance Review? Why would I need (or want) one? – 1st Quarter 2014

These are common questions that FTZ Operators and Administrators ask as they try to gain a clear understanding of the potential benefits of an in-depth compliance review.