A free-trade zone (FTZ) is a class of special economic zone. [1] [2] It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally not subject to customs duty.

Free-trade zones are organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. Examples include Hong Kong, Singapore, Colón (Panama), Copenhagen, Stockholm, Gdańsk …

Jan 30, 2025 · A free trade zone is a location where goods can be purchased and shipped across borders without customs agency involvement, usually under a trade agreement between countries.

May 5, 2022 · Free Trade Zones (FTZs) are those locations or areas that allow the import, storage, manufacturing of goods, etc., without subjecting them to customs duties or taxes.

FREE TRADE ZONE meaning: a special area within a country where foreign companies can import materials, manufacture goods…. Learn more.

Sep 25, 2017 · A Free-Trade zone (FTZ) is a type of a special economic zone – an area of different trade and business laws from the rest of the country. It is created for landing, reconfiguration, storage, manufacturing, and re-exporting of goods.

Sep 18, 2024 · A Free Trade Zone (FTZ) is a specific area where goods can be imported, stored, manufactured, and even re-exported without being subjected to customs duties or taxes. These zones are set up to encourage businesses and trade by offering several benefits, such as tax exemptions and simplified customs procedures.

Jan 22, 2025 · A free trade zone is a specified area within a country jurisdiction. In this area, goods may be landed, stored, handled, manufactured or re-configured and re-exported without being subject to any customs duties.

Apr 29, 2024 · Definition of Free Trade Zone. A Free Trade Zone (FTZ) is a designated area within a country where goods may be imported, handled, manufactured, or reconfigured, and re-exported without the intervention of the customs authorities.

Oct 1, 2024 · A Free Trade Zone (FTZ) is a designated area within a country where goods can be imported, processed, and exported without the usual customs duties and regulations. Companies benefit by avoiding tariffs and taxes until goods leave the zone or are exported.