Gene Mack, Licensed Customs Broker
110 E. Wilshire Avenue
Foreign Trade Zones
Foreign Trade Zones (FTZ) are areas legally outside the Customs territory of the United States. Their purpose is to attract and promote international trade and commerce, in part, by deferring the payment of duties and taxes until merchandise is withdrawn. In Los Angeles and Las Vegas we work with several FTZs within minutes of our offices.
Use a Foreign Trade Zone instead of Bonded Warehousing
Save Money - Deliver faster!
FTZ WEEKLY ENTRY PROGRAM - beat your competition with this outstanding program - ship same day and pay duty only on what you ship! No more "tax paid" inventory to keep on hand to fill customer orders. We'll show you how!
Weekly Entry Savings
Once Customs approves an Importer to use the Weekly Entry program, we consolidate their Customs entries in the Zone to one per week. This is a blanket release to ship up to the entered quantity during the entire week. It has the effect of turning your inventory into "domestic' merchandise for your sales force. Your ability to ship same day to your customer is limited only by the physical capabilities of the FTZ.
Our clients utilizing the FTZ Weekly Entry Program deliver faster and at lower cost than their competition.
Weekly Entry allows for significant savings in the Merchandise Processing Fee (MPF). Here is an example of an importer with an average of only only five (5) withdrawals per week:
FTZ Duty Deferral Savings Example
Our clients on the FTZ Weekly Entry Program have realized improved cash flow while providing faster response to customers' needs.
Want to learn more?Read what one of our customers has to say about the Foreign Trade Zone Weekly Entry Program!
For more information on the Foreign Trade Zone Weekly Entry Program click here.