PHX Foreign Trade Zone & Incoterms 2020 - Improving Cash Flow
Foreign Trade Zone & Incoterms 2020
Improving Cash Flow in Uncertain Trade Times
What is a foreign trade zone (FTZ)? Why do companies use FTZs? What are the changes in the Incoterms? Are these Incoterms changes will affect my business? As a small business owner, do you have these questions in mind?
Foreign Trade ZONE (FTZ) is an area that, for United States Customs and Border Protection purposes, is considered to be in international commerce. Any foreign or domestic materials can be moved into an FTZ without being subject to U.S. Customs duties. Local communities benefit from the increased economic development and business development that result from zone projects. Companies use FTZs can improve cash flow, reduce paperwork and expenses, and reduce Arizona real and personal property taxes by 72%, more security, reduce supply chain times.
SBDC designed this "foreign trade zone & Incoterms 2020" workshop to help Arizona small business owners understand the FTZ program & learn the changes of the Incoterms.
Time: Tuesday, February 18, 2020. 9:00am – 11:00am.
Address: SBDC Training Room, 108 N 40th Street, Gateway Community College, South Building, Phoenix, AZ85034
Click HERE for more info and to sign up for this free event.