Foreign Trade Zones
& FDI
Where global business takes off.
The Charlotte region is ideally positioned for foreign direct investment. Our myriad incentives, low tax rates and Foreign Trade Zone (FTZ #57) designation mean you can take advantage of international opportunity right here at home. Plus, our workforce and job development assistance, property tax rebates and abatements make it easier to build a location that supports business activity at home and abroad.
International Reach. Worldwide Connectivity.
international businesses
direct international flights
internationally born residents
Making international trade more convenient.
The FTZ program is a catalyst for companies involved with international trade to improve their competitiveness and profitability. By utilizing the FTZ program, companies are able to defer, reduce or eliminate Customs duties on products admitted to the zone.
GET THE DETAILS
Goods stored in a FTZ are considered part of international commerce and are legally outside U.S. Customs territory. By utilizing the zones program for trade, companies benefit from a variety of financial advantages:
Duty Deferral
Duties are paid only when goods enter U.S. Customs territory.
Duty Elimination
Goods may be re-exported duty free from the zone. Goods may be destroyed or scrapped duty-free in the zone.
Reduction of Tariffs
Importers may choose to pay duties on raw materials entered into the zone, or pay duties on the finished products as they are entered into U.S. commerce.
WORK WITH US
The Charlotte Regional Business Alliance® is the Grantee for FTZ #57. As Grantee, the Alliance is charged with establishing, operating and maintaining the zone.
Need information on the Foreign Trade Zones program in South Carolina?
Visit the South Carolina Ports Authority for an overview of the SC zones program.
CALCULATE THE BENEFITS
Interested in learning how your company could benefit from the Foreign Trade Zones program? The FTZ Savings Calculator will give you an estimate of your potential zone savings.