Nevada Foreign-Trade Zones Kristopher Sanchez Director of International Trade [email protected]Christine Sara Bonakdar International Trade Specialist Middle East & Europe [email protected]Enrique Mazon Jr. International Trade Specialist Americas [email protected]www.diversifynevada.com | 702.486.2700 FOR MORE INFORMATION, PLEASE CONTACT:
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Nevada Foreign-Trade Zones · 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
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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