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FTZ 002 — Foreign-Trade Zone 002 — Board of Commissioners of the Port of New Orleans
Louisiana · New Orleans · Port of entry: LA, New Orleans
FTZ 002 is a Foreign-Trade Zone based in New Orleans, Louisiana, sponsored by the Board of Commissioners of the Port of New Orleans, serving Orleans, Jefferson, St. Bernard and St. Tammany Parishes.
Foreign-Trade Zone (FTZ) 002 is a designated foreign-trade zone located in New Orleans, Louisiana. The zone is sponsored by the Board of Commissioners of the Port of New Orleans, which serves as grantee responsible for administering FTZ activity within its service area covering Orleans, Jefferson, St. Bernard and St. Tammany Parishes. The zone's associated port of entry is New Orleans, LA.
A Foreign-Trade Zone is a location within the United States where merchandise, including foreign and domestic goods, can be brought in without formal customs entry procedures or the payment of customs duties and government excise taxes until the goods leave the zone for domestic consumption. Depending on the operations performed within the zone, companies may be able to defer, reduce, or in some cases eliminate certain duties on qualifying activity such as storage, assembly, manufacturing, or processing.
FTZ 002 is relevant to importers, manufacturers, and distributors that operate or are considering operating a facility within the four-parish service area listed above. Businesses evaluating whether FTZ status fits a specific facility typically work with a customs broker or an FTZ compliance consultant to review their operations, determine eligibility, and prepare the paperwork required to pursue site or subzone designation under the zone's grantee.
Who qualifies
How to apply
Service area: Orleans, Jefferson, St. Bernard and St. Tammany Parishes
Questions people ask
What is FTZ 002?
FTZ 002 is a Foreign-Trade Zone based in New Orleans, Louisiana, sponsored by the Board of Commissioners of the Port of New Orleans.
Who is the grantee for FTZ 002?
The grantee is the Board of Commissioners of the Port of New Orleans.
What area does FTZ 002 cover?
Its service area includes Orleans, Jefferson, St. Bernard and St. Tammany Parishes in Louisiana.
What port of entry is associated with FTZ 002?
The associated port of entry is New Orleans, LA.
Do I need a customs broker to use an FTZ?
Companies typically work with a customs broker or FTZ compliance consultant to evaluate fit and handle the required filings, though this is a general practice rather than a strict requirement.
Is an FTZ the same as a bonded warehouse?
No, FTZs and bonded warehouses are distinct customs mechanisms, though both allow certain deferral of duties; an FTZ generally offers broader flexibility for activities like manufacturing and assembly.
How do I get subzone status for my own facility?
You would contact the grantee, the Board of Commissioners of the Port of New Orleans, and follow the FTZ Board's application process referenced at trade.gov to pursue subzone designation.
Can any business in the service area automatically use FTZ 002?
No, a facility must go through a designation process with the grantee and the FTZ Board before it can operate under zone status.
What kinds of businesses use FTZs like this one?
Importers, manufacturers, and distributors handling foreign-origin merchandise commonly evaluate FTZ status for facilities within the zone's service area.
Where can I find the official application process?
The official FTZ Board application process is described at https://www.trade.gov/how-to-apply.
Source: FTZ Board OFIS zone list (ofis.trade.gov). GetFundedUSA is independent and not affiliated with this zone's operator.