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FTZ 001 — Foreign-Trade Zone 001 — City of New York
New York · New York · Port of entry: NY, New York
FTZ 001 is a Foreign-Trade Zone sponsored by the City of New York, covering Bronx, Kings, New York, Queens, and Richmond Counties and served by the New York port of entry.
Foreign-Trade Zone 001 is sponsored by the City of New York, with a service area covering Bronx, Kings, New York, Queens, and Richmond Counties. The zone is served by the port of entry at New York, NY.
A Foreign-Trade Zone (FTZ) is a secure area, treated for customs purposes as outside U.S. commerce, where companies engaged in qualifying activity — including warehousing, processing, assembly, and manufacturing — may defer, reduce, or in some cases eliminate customs duties on merchandise brought into the zone. Duty is generally assessed only when goods leave the zone and enter U.S. commerce, and in some cases duty rates may be based on the finished product rather than imported components.
FTZ 001 is relevant to importers, manufacturers, and distributors that operate, or are considering operating, a facility within the five boroughs listed above and that move goods through the New York port of entry. Businesses evaluating whether FTZ status fits a specific facility in this service area typically work with a customs broker or an FTZ compliance consultant, who can assess the operation against FTZ Board and U.S. Customs and Border Protection requirements and help prepare the paperwork required for site or subzone designation under the sponsoring grantee, the City of New York.
Who qualifies
How to apply
Service area: Bronx, Kings, New York, Queens, and Richmond Counties
Questions people ask
What is FTZ 001?
FTZ 001 is a Foreign-Trade Zone sponsored by the City of New York, serving Bronx, Kings, New York, Queens, and Richmond Counties through the New York port of entry.
Who is the grantee for FTZ 001?
The City of New York is the sponsor, or grantee, of FTZ 001.
What area does FTZ 001 cover?
It covers Bronx, Kings, New York, Queens, and Richmond Counties in New York.
What port of entry does FTZ 001 use?
It uses the port of entry at New York, NY.
Do I need a customs broker to use an FTZ?
Many companies work with a customs broker or FTZ compliance consultant to determine fit and prepare the required paperwork, though this depends on the complexity of the operation.
Is an FTZ the same as a bonded warehouse?
No, an FTZ is a distinct customs designation that allows a broader range of activities, such as manufacturing and assembly, whereas bonded warehouses are generally limited to storage.
How do I get subzone status for my own facility?
You would typically contact the grantee, the City of New York, or a customs broker/FTZ compliance consultant and follow the FTZ Board's application process.
Where can I find the official application process?
The FTZ Board's application process is available at https://www.trade.gov/how-to-apply.
What businesses typically use FTZs?
Importers, manufacturers, and distributors with qualifying activity at a facility within the zone's service area typically use FTZs.
Does duty apply immediately when goods enter FTZ 001?
Generally, duty is deferred until goods leave the zone and enter U.S. commerce, consistent with general FTZ program rules.
Source: FTZ Board OFIS zone list (ofis.trade.gov). GetFundedUSA is independent and not affiliated with this zone's operator.