Definition An export processing zone.

See Foreign Trade Zone (FTZ).

A geographic area of a country into and out of which goods pass to and from world markets without going through customs or paying tariffs. Tariffs apply only when goods pass from the zone into or out [..]

A designated area within a country in which businesses can operate free of customs duties or currency restrictions. Profits are usually tax-free for a set period.

An area designated by the government to which goods may be imported for processing and subsequent export on duty-free basis. Merchandise may be stored, used or manufactured in the zone and re-exported [..]

A port designated by the government of a country for duty-free entry of any non-prohibited goods. Freight

A port designated by the government of a country for duty-free entry of any non-prohibited goods. Merchandise may be stored, displayed, used for manufacturing, etc., within the zone and re-exported without duties.

A port designated by the government of a country for duty-free entry of any non-prohibited goods. Merchandise may be stored, displayed, used for manufacturing, etc., within the zone and re-exported wi [..]

A port designated by the government of a country for duty-free entry of any non-prohibited goods.

A port or an area designated for duty-free entry of any non-prohibited goods. Merchandise may be stored, displayed, transformed, used for manufacturing, discarded, etc., within the zone and re-exported without duties. The area is thus a form of extraterritoriality since it is outside the customs regime of a country.

See Foreign Trade Zone.

Free trade zone is a port designated by the government of a country for duty-free entry of any non-prohibited goods. In a free trade zone, merchandise may be stored, displayed, used for manufacturing, [..]

An area to which goods may be imported for processing and subsequent export on duty-free basis.

A Free Trade Zone is a specific type of economic zone/geographic area where incoming and outgoing goods can be handled, manufactured, and/or reconfigured without customs authorities intervening. The s [..]

A free trade zone (FTZ) or export processing zone (EPZ) is an area of a country where some normal trade barriers such as tariffs and quotas are eliminated and bureaucratic requirements are lowered in hopes of attracting new business and foreign investments

(See Foreign Trade Zone

A zone, often within a port (but not always), designated by the government of a country for duty-free entry of any nonprohibited goods. Merchandise may be stored, displayed, or used for manufacturing within the zone and reexported without duties being applied. Also referred to as free port.

See Foreign Trade Zone.

A secure zone or area in a port or airport designated for duty-free entry of foreign goods or components. The goods may be stored, displayed or assembled into larger parts. Duty is paid when the finished product enters the U.S. market. If the goods are re-exported to another country, no duty is paid in the U.S. Also called a "Foreign Port" [..]

An area to which goods may be imported for processing and subsequent export on duty

Sometimes called "customs free zones" or "duty free zones". It is a generic term referring to special commercial and industrial areas. At which by special customs p [..]

A geographic area licensed by a government agency to which goods can be imported without payment of duty for the purposes of manufacturing, processing and assembly and eventual re-export. Goods entering domestic commerce from a FTZ must pay all applicable duties at the time of entry.

An area designated by the government to which goods may be imported for processing and subsequent export on duty-free basis. Merchandise may be stored, used or manufactured in the zone and reexported [..]

There are different types of free trade zones. A free trade zone may involve an association of several states with the aim of eliminating trade barriers such as customs duties. However, there are also free trade zones within countries, often near large transshipment centers such as ports, where exemptions from the payment of duty also apply. In add [..]

Also known as an export processing zone (EPZ), one or more special areas of a country where some normal trade barriers such as tariffs and quotas are eliminated and bureaucratic requirements are lowered in hopes of attracting new business and foreign investments. Free trade zones can be defined as labor intensive manufacturing centers that involve [..]

A port designated by the government of a country for duty-free entry of any non-prohibited goods. Merchandise may be stored, displayed, used for manufacturing, etc., within the zone and re-exported without duties.

An area within a country (a seaport, airport, warehouse or any designated area) regarded as being outside its customs territory where importers may bring goods of foreign origin without paying customs duties and taxes, pending their eventual processing, transshipment or re-exportation.

A term that has two general meanings. First, the term broadly refers to the reduction or elimination of customs duties on goods produced within and shipped between the participating countries in a reciprocal trade agreement. NAFTA is an example of such an agreement, creating a North American “free trade zone”; so is the European Community. The more [..]

An area or zone set aside at or near a port or airport, under the control of the U.S. Customs Service, for holding goods duty-free pending customs clearance. Also called foreign trade zone or free zon [..]