SUPPORTING SOUTHWEST ARIZONA BUSINESSES
Through International Trade
Foreign Trade Zones (FTZs) are designed to promote American competitiveness by encouraging companies to maintain and expand their operations in the United States. Federally designated sites encourage U.S.-based operations by removing or reducing tariffs, minimizing processing fees and expediting the transport of goods from the Port of Entry.
These and other benefits can assist your expansion efforts as a growing business in Southwest Arizona.
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Benefits for
locating your
business in a FTZ |
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The area is treated as though legally outside of the U.S. Custom's territory. |
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Merchandise may be brought in duty-free for purposes such as storage, repacking, display, assembly or manufacturing. |
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Imports may be landed and stored quickly without full customs formalities. |
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In addition, Arizona is the only state that has enacted special legislation that makes businesses located in a zone, or sub-zone, eligible for an 80 percent reduction in state real and personal property taxes. |
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