Foreign-Trade Zones and Bonded Warehouses
Webinar: 1.5 CCS Credits
Foreign-trade zones and bonded warehouses are two of the most effective tools for manufacturers and importers to avoid, reduce or defer duties. This webinar will explore the uses of both FTZs and bonded warehouses, how to set them up and operate them, and how to determine their practicality and effectiveness for your business.
- overview of FTZs and bonded warehouses
- status of goods entering an FTZ
- reducing, eliminating and deferring duties in an FTZ
- general-purpose zones vs. private subzones
- permitted activities
- FTZ benefits
- privileged foreign, non-privileged foreign and zone-restricted merchandise
- classes of bonded warehouses
- advantages and disadvantages of bonded warehouses vs. FTZs
Patrick D. Gill serves as Of Counsel to Sandler, Travis & Rosenberg, P.A., resident in New York. A seasoned litigator, Mr. Gill represents clients before courts and administrative agencies in matters pertaining to customs and international trade. Before joining ST&R he practiced with the Rode & Qualey law firm after launching his legal career as a trial attorney in the customs section of the office of the assistant U.S. attorney general. Mr. Gill is a member of the bars of the state of New York, the U.S. Supreme Court, the District of Columbia, the U.S. Court of International Trade, the U.S. Court of Appeals for the Federal Circuit, the U.S. Court of Federal Claims, the U.S. Court of Appeals for the Second Circuit, and the U.S. district courts for the Southern and Eastern Districts of New York.