nevada foreign-trade zones · foreign-trade zones (ftzs) up to 75% reduction in personal property...

Nevada Foreign-Trade Zones

Kristopher SanchezDirector of International Tradeksanchez@diversifynevada.com

Christine Sara BonakdarInternational Trade Specialist Middle East & Europecbonakdar@diversifynevada.com

Enrique Mazon Jr. International Trade SpecialistAmericasemazon@diversifynevada.com

www.diversifynevada.com | 702.486.2700

FOR MORE INFORMATION, PLEASE CONTACT:

Duty Elimination » No duty is paid on scrap, waste, damaged goods or re-exported goods.

Duty Reduction » “Inverted tariff,” in which finished projects may have lower duty rates than components. Also, companies can assemble products and enter products into U.S. Customs at a lower rate.

Duty Deferral » Import duties are deferred until goods leave the zone.

Logistical Benefits » Companies using FTZ procedures may have access to streamlined customs procedures (i.e. “weekly entry” or “direct delivery”).

www.diversifynevada.com | 702.486.2700

WHAT ARE THE BENEFITS OF A FOREIGN-TRADE ZONE?

UNIQUE ADVANTAGES OF NEVADA’S FOREIGN-TRADE ZONES (FTZS)

Up to 75% reduction in personal property taxes

Major interstate and rail to West Coast ports and U.S. heartland

Nevada’s Statewide Advantages

7,500 acres of available FTZ space

Alternate Site Framework – allows users to have flexibility in location

Central proximity to 60 million consumers within one day’s drive

Reno

40 million visitors

4.9 million conference attendees

10.1 million square feet of meeting and exhibition space

21,600 conventions each year

150,000 hotel rooms

Las Vegas