Click here to download a .PDF copy of the FTZ Road Map.
Additional links mentioned above:
- Click here to see a calendar of GRAA Board meeting dates
- Click here for CBP form 3078 for Key Employees
Will my company benefit?
Your company should consider becoming an activated FTZ site or subzone if you:
- Are located within 60 miles or 90 minutes of the Rockford Port of Entry, which is the Greater Rockford Airport and you are in the FTZ #176 Service Area (see map)
- Import a significant amount of products with a high value, and/or you expect your imports to grow
- Re-export a substantial percentage of imports
- You hold significant value of imported inventory
Consider a feasibility analysis
To find out if your company could benefit from FTZ #176 contact us. We can conduct a no-cost feasibility analysis. Here is some of the information you will need to provide to help us make an accurate determination of the potential value for your company:
- Total annual value of imported (dutiable) merchandise
- Number of customs entries made annually
- Total annual Merchandise Processing Fee(s) paid
- Average number of inventory turns for previous year
- HTS list of imported merchandise
- FTZ list of finished product (if manufacturing occurs)
What are the costs to become an activated FTZ Site?
Fees imposed by the National FTZ Board and the Greater Rockford Airport Authority are outlined in the FTZ #176 Tariff. There are no fees imposed by U.S. Customs & Border Protection.
Additional costs may include:
- Foreign Trade Zones Bond
- Costs to upgrade building security
- Costs to implement software tools to file electronic customs entries
- Consulting and/or legal fees, particularly if pursuing production authority