Foreign Trade Zone

    Butte is Designated as a Foreign Trade Zone

    What is a foreign trade zone?

    Developed as a way to help American companies compete internationally, a Foreign Trade Zone (FTZ) is a regional area exempt from traditional U.S. Customs and Border Protections restrictions.

    Materials imported to an FTZ are not subject to international duties or local taxes, allowing businesses to manipulate, process, or manufacture products at their facility and export the product to foreign markets without being assessed international duties.

    Butte

    One of approximately 250 Foreign Trade Zones in the United States, the Port of Montana provides companies an exceptional opportunity to use Butte-Silver Bow as a hub for domestic and international production.

    The FTZ, along with Butte’s distribution infrastructure and established businesses, generates a great opportunity for businesses looking for growth opportunities.

    BENEFITS OF FOREIGN TRADE ZONES

    TAX & DUTIES EXEMPT

    Foreign goods not subject to U.S. duties or local taxes

    EXPORT DUTIES EXEMPT

    Manufactured finished products may be exempt from export duties

    FEE FREE STORAGE

    Products can be stored for an indefinite period of time duty-free

    WAREHOUSE SECURITY

    Warehouses regulated under Customs and Border Protection security

    IMPORT QUOTA EXEMPTIONS

    Products may be exempt from import quotas

    LOWER BUREAUCRACY

    Decrease in paperwork and U.S. Customs bureaucracy