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Foreign-Trade Zone #86

Model FTZ #86

One of the largest foreign-trade zones on the U.S. West Coast, operating since 1983 with Alternative Site Framework status.

Description

FTZ #86 is described as one of the largest foreign-trade zones on the U.S. West Coast and has served manufacturers, retailers and logistics companies since 1983. In a foreign-trade zone, importers and exporters can store, manipulate or add value to goods before U.S. entry or export, deferring, reducing or in some cases eliminating Customs duties.

Key features

  • Alternative Site Framework status; site designation approval can be granted within 30 days
  • Located close to the ports of Tacoma and Seattle and overlaps the Kent Valley
  • Options: designate your own site, locate at an existing magnet site, or use logistics companies that already hold the designation

Applications

  • Duty deferral and reduction for importers, exporters, manufacturers and distributors

Specifications

In operation since1983
Designation approvalwithin 30 days

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