Business Description
Foreign Trade Zones (FTZs) allows 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:> 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
