So are companies with as few as 15 employees. If you are already using another Customs tariff-reduction program, such as Duty Drawback, Temporary Importation Bond, or a Bonded Warehouse, you need to consider U.S. FTZs as a way to streamline you operations, cut down on paperwork, increase your flexibility, and save additional money, all at the same time. Many companies are discovering that Zones more efficiently meet their needs than other Customs programs. With a cost analysis in hand, it will become much clearer whether or not a Foreign-Trade Zone is right for your firm. U.S. FTZs are made possible by the FTZ Act of 1934 as amended.
Grantees are almost always public corporations or governmental agencies.
A Grantee will usually enter into an agreement with an Operator or Subzone for actual Zone operations. Customs holds the Operator responsible for compliance with the Customs regulations relating to Zones. A Zone User uses a Zone for its benefits and pays the Grantee or Operator for their services such as rent on facilities, storage, handling, etc. A General Purpose site is usually run by an Operator with multiple Users. A Subzone is a special purpose site for operations such as manufacturing which cannot be accommodated within an existing Zone.