Foreign Trade Zone Warehouse
WTDC offers Foreign Trade Zone (FTZ) warehousing in Miami, FL. Our 136,500 sq. ft. facility and fully fenced yard are FTZ bonded. Foreign Trade Zones allow companies to position foreign inventory in the United States without paying duties and taxes. WTDC provides Foreign Trade Zone warehousing and FTZ Consulting. Some of the advantages of Foreign Trade Zones include:
FOREIGN TRADE ZONE WAREHOUSE - MIAMI
- Deferment of duties
- Inventory management, order fulfillment, and pick and pack by SKU
- The ability to position products not approved for use in the U.S.
- Electronic filing of U.S. Customs documentation
- A simplified manipulation process
- Key commodities: Duty-Free and Travel Retail, electronics, and medical supplies
- Weekly or monthly Merchandise Processing Fee (MPF) summary entries
- Quarterly Harbor Maintenance Fee (HMF) reporting
FTZ MIAMI
WTDC was the first FTZ activated within Port Miami’s FTZ 281 on December 12, 2012.
DUTY DEFERMENT
POSITION PRODUCTS NOT APPROVED FOR USE IN U.S.
Foreign Trade Zones allow companies to position products for international distribution that do not meet United States regulatory standards of EPA, FCC, and FDA. Examples include non-EPA approved generators, non-FCC approved cellular phones, and spirits labels not approved for U.S. consumption.
FTZ DOCUMENTS
MANIPULATION
INVENTORY MANAGEMENT
Spirits, perfume, electronics, and cosmetics companies in the Duty-Free and Travel Retail industry position bonded inventory (no duties paid) in WTDC’s FTZ for distribution onto cruise ships, duty-free stores, Latin America, and the Caribbean.