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FTZ 195 — Foreign-Trade Zone 195 — Fairbanks Economic Development Corp.
Alaska · Fairbanks · Port of entry: AK, Fairbanks
FTZ 195 is a Foreign-Trade Zone sponsored by the Fairbanks Economic Development Corp., covering the Fairbanks, Alaska service area with its port of entry at Fairbanks, AK.
Foreign-Trade Zone 195 is a designated Foreign-Trade Zone sponsored by the Fairbanks Economic Development Corp., serving the Fairbanks, Alaska area with port of entry designation at Fairbanks, AK.
A Foreign-Trade Zone is a secure area, treated for customs purposes as being outside the United States, where companies can bring imported merchandise without immediately paying U.S. Customs duties. Depending on how goods are used within the zone, businesses may defer duty payment until goods enter U.S. commerce, reduce duty owed if a finished product carries a lower duty rate than its imported components, or eliminate duty entirely on merchandise that is re-exported. These mechanisms are governed by the U.S. Foreign-Trade Zones Board and administered locally by the zone's grantee.
FTZ 195 is relevant to importers, manufacturers, and distributors that operate or are considering operating a facility within the Fairbanks service area and that regularly move imported inputs or finished goods through U.S. Customs. Companies evaluating whether FTZ status fits a specific facility typically consult with a customs broker or an FTZ compliance consultant, who can review the facility's import activity, determine whether site or subzone designation is appropriate, and assist with the required filings to the FTZ Board and local grantee. This profile presents only the facts on record for FTZ 195; specifics of any individual company's eligibility or savings depend on that company's own import and production activity.
Who qualifies
How to apply
Questions people ask
What is FTZ 195?
FTZ 195 is a Foreign-Trade Zone sponsored by the Fairbanks Economic Development Corp., covering the Fairbanks, Alaska area with port of entry at Fairbanks, AK.
Who is the grantee of FTZ 195?
The Fairbanks Economic Development Corp. is the grantee that sponsors and administers FTZ 195.
What area does FTZ 195 cover?
FTZ 195 covers the Fairbanks, Alaska service area.
What port of entry does FTZ 195 use?
FTZ 195 uses the port of entry at Fairbanks, AK.
Do I need a customs broker to use an FTZ?
Companies typically work with a customs broker or FTZ compliance consultant to determine whether their facility qualifies and to handle the required filings.
Is an FTZ the same as a bonded warehouse?
No. Bonded warehouses have different time and activity restrictions than Foreign-Trade Zones, which allow broader manufacturing and processing activity under Customs oversight.
How do I get subzone status for my own facility?
You would contact the grantee, Fairbanks Economic Development Corp., or a customs broker/FTZ consultant to discuss designation, then follow the FTZ Board's application process.
What are the general benefits of FTZ status?
Depending on the activity, FTZ status can allow duty deferral, reduction, or elimination on qualifying imported merchandise.
Who oversees the FTZ program?
The U.S. Foreign-Trade Zones Board oversees zone designation and authority nationally, while local grantees like Fairbanks Economic Development Corp. administer individual zones.
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.