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Special Zones

Home >> Special Zones

FOREIGN TRADE ZONE

The FTZ designation at The Port of Caddo-Bossier offers many cost-saving advantages:

  • Under the supervision of U.S. Customs and Border Protection, foreign goods may enter The Port of Caddo-Bossier duty and quota free for an unlimited period of time.
     
  • While in the zone, goods may be stored, manipulated, mixed with domestic and/or foreign materials, used in a manufacturing process or exhibited for sale.
     
  • Imported goods assembled or manufactured in a zone may be subject to a lower duty rate. Duty is assessed on the value of the imported parts at the duty rate applicable to the imported parts or applicable finished product, whichever is lower. Duty is not assessed on U.S. labor or materials used in assembly or manufacturing.
     
  • Since there are no time restrictions, merchandise may be stored indefinitely without duty until it is sold and moved out.
     
  • Damaged, defective or non-salable merchandise may be destroyed without being subject to U.S. customs duty.
     
  • Merchandise may be exported without being subject to U.S. customs duty.

Locating in existing FTZ reduces costs with simpler application processes and shortened application time frames for small- and medium- sized businesses (less than 500 employees). 


U.S. CUSTOMS PORT OF ENTRY

The Port of Entry designation allows goods to reach the dock at The Port without stopping to clear customs along the way. All customs' entry and exit procedures can be followed on site without an additional stop. 

Primary functions of a U.S. Customs Port of entry include:

  • regulating and facilitating international trade
  • collecting import duties enforcing U.S. trade laws