| What
is a Foreign Trade Zone?
A foreign trade zone is a designated area in which foreign
and domestic merchandise is generally considered by
the U.S. government as being outside U.S. Customs territory.
Merchandise may be brought into an FTZ without a formal
customs entry, import quotas and most other import restrictions.
Duties and excise taxes are not assessed until the merchandise
enters U.S. commerce.
The Port of Houston Authority is manager
of a foreign trade zone which includes many privately
owned and port-owned sites located throughout Houston
and Harris County, Texas. The Houston Zone offers users
special benefits. For example, customs duties on imported
goods entering the FTZ can be delayed until the cargo
is removed from the zone. No duty is paid if the merchandise
is exported directly from the zone.
Benefits of
Using a Foreign Trade Zone
Storage: Foreign and domestic merchandise
may be stored within the zone for an unlimited period
of time, thereby avoiding all duties and excise taxes.
Product Handling: Merchandise
may be opened, examined, assembled, mixed, cleaned,
labeled or repackaged within a zone.
Manufacturing: Products may
be manufactured within a zone and may even include the
combining of foreign and domestic merchandise.
Exhibiting: Merchandise may
be displayed, sampled or examined within the zone.
Disposal: Waste materials and
damaged or valueless merchandise may be destroyed within
the zone to avoid duties.
Advantages
Offered at the Houston Foreign Trade Zone
Houston offers a strategic link to interior U.S.
markets. Its location makes Houston an ideal distribution
point for shippers sending goods to the U.S. West and
Midwest. Shipping overland to these areas is easy because
of direct access to a vast network of interstate highways
and railroads, plus the fact that Houston is served
by numerous airlines, railroads and motor freight companies.
Houston's FTZ includes many facilities
located in the Houston area which offer a variety of
services, allowing flexibility and diversity.
| Services Available
at Houston's Public FTZ Sites |
 |
General purpose warehousing
|
| |
Liquid bulk storage and
blending |
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Steel and pipe storage
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Pipe end finishing and
heat treating |
The Houston Foreign Trade Zone also
offers more than 700 acres of zone-authorized land and
building space for lease and development to companies
desiring to conduct their own operations within the
Houston FTZ.
Houston
Foreign Trade Zone Public Facilities
For more information,
click here or
contact:
Houston Foreign Trade Zone Manager
Telephone: 713-670-2604
Fax: 713-670-2564
Visit the Foreign
Trade Zones Board Web site for more information
about the U.S. Foreign Trade Zones Program.
Last updated: 08/12/06
Port
of Houston Authority
111 East Loop North Houston, Texas 77029
P.O. Box 2562 Houston, Texas 77252-2562
Phone: 713-670-2400
Copyright 2009 Port of
Houston Authority All Rights Reserved
For questions and comments, send an e-mail.
Please include company name and phone number, when appropriate,
so we may better respond to your inquiry.
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