Foreign-Trade Zone 181

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P.O. Box 5190
Kent, OH 44242
Phone: 330-672-4080
or 800-793-0912
International: 001-330-672-4080
Email: mmorgan@neotec.org

 

 

Calculate the benefits of the FTZ for your company:

USE THIS FOREIGN-TRADE ZONE SAVINGS CALCULATOR!

To determine the savings your company could realize from the FTZ program,
CLICK HERE to complete a Foreign-Trade Zone Savings Calculator  (provided through the courtesy of Rockefeller Group Foreign-Trade Zone Services). 

PLEASE NOTE:  The financial information you input will NOT be saved and will not be seen by NEOTEC or anyone else.  This form will simply calculate the potential savings for you.  Once you run the numbers and see a potential savings for your company, then please call NEOTEC for further discussion and analysis.

Below is a sample worksheet for your reference.


 

SAMPLE WORKSHEET  
For your reference, below is a sample worksheet showing potential FTZ savings.

WEEKLY ENTRY     
Average imported container value$120,000
Number of containers per week6
Merchandise Processing Fee (MPF) per container$252
Total Current MPF paid per week$1,512
One consolidated entry per week with the
Weekly Entry program – maximum fee
$485
Weekly Entry savings per week$1,027
Weekly Entry Savings Per Year$53,404

 

DUTY ELIMINATION 
Dollar volume of imports$3,500,000
Percentage of imports exported45%
Percentage of imports scrapped2.5%
Duty rate of merchandise exported/scrapped3.5%
Duty Elimination Savings Per Year$58,187

 

DUTY REDUCTION  
Dollar volume of imported components$3,500,000 
Duty rate of imported components3.5% 
Duty value on imported components $122,500
Dollar volume of imported components$3,500,000 
Duty rate of finished product2.0% 
Duty value on finished product $70,000
Duty Reducation Savings Per Year $52,500

 

NOTE:  This sample worksheet does not represent actual savings without further analysis.  Please contact NEOTEC at 800.793.0912 to receive a free, confidential benefits analysis.