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FTZ 047 — Foreign-Trade Zone 047 — Northern Kentucky Foreign Trade Zone, Inc.
Kentucky · Boone County · Port of entry: OH, Cincinnati-Lawrenceburg
FTZ 047 is a Foreign-Trade Zone administered by Northern Kentucky Foreign Trade Zone, Inc., covering Boone, Campbell, and Kenton Counties in Kentucky and served by the Cincinnati-Lawrenceburg, Ohio port of entry.
Foreign-Trade Zone 047 is administered by Northern Kentucky Foreign Trade Zone, Inc., serving Boone, Campbell, and Kenton Counties in Kentucky, with Boone County as its base location. The zone is linked to the port of entry at Cincinnati-Lawrenceburg, Ohio, which handles the customs processing associated with goods entering or leaving the zone.
A Foreign-Trade Zone is a designated area within the United States that, for customs purposes, is treated as being outside U.S. commerce. Companies operating within an FTZ may be able to defer, reduce, or in some cases eliminate customs duties on imported merchandise, depending on how the goods are used, stored, processed, or re-exported. This can be relevant to importers bringing in components or finished goods, manufacturers assembling products from imported materials, and distributors managing inventory that moves through the port of entry tied to this zone.
Businesses located or considering locating a facility within Boone, Campbell, or Kenton Counties may find FTZ 047 relevant to their supply chain planning. Because zone participation involves specific customs procedures and coordination with U.S. Customs and Border Protection and the FTZ Board, companies typically work with a customs broker or FTZ compliance consultant to evaluate whether a given facility and its activities qualify, and to prepare the paperwork required for site or subzone designation under this grantee.
Who qualifies
How to apply
Service area: Boone, Campbell, and Kenton Counties
Questions people ask
What is FTZ 047?
FTZ 047 is a Foreign-Trade Zone administered by Northern Kentucky Foreign Trade Zone, Inc., covering Boone, Campbell, and Kenton Counties in Kentucky.
Who is the grantee for FTZ 047?
The grantee is Northern Kentucky Foreign Trade Zone, Inc.
What area does FTZ 047 cover?
It covers Boone, Campbell, and Kenton Counties, with its base location in Boone County, Kentucky.
What port of entry does FTZ 047 use?
It uses the Cincinnati-Lawrenceburg, Ohio port of entry.
Do I need a customs broker to use an FTZ?
Most companies work with a customs broker or FTZ compliance consultant to determine fit and handle the required customs procedures and paperwork.
Is an FTZ the same as a bonded warehouse?
No, a Foreign-Trade Zone and a bonded warehouse are different customs designations, though both involve deferring duties on imported goods.
How do I get subzone status for my own facility?
You would contact the grantee, Northern Kentucky Foreign Trade Zone, Inc., and follow the FTZ Board's application process to request site or subzone designation.
Who can benefit from FTZ 047 status?
Importers, manufacturers, and distributors operating within Boone, Campbell, or Kenton Counties may benefit, depending on their specific import and production activities.
Where can I find the official application process?
The official FTZ Board application process is available at https://www.trade.gov/how-to-apply.
What state is FTZ 047 located in?
FTZ 047 is located in Kentucky.
Source: FTZ Board OFIS zone list (ofis.trade.gov). GetFundedUSA is independent and not affiliated with this zone's operator.