GetFundedUSA

GetFundedUSA › Foreign-Trade Zones › FTZ 207

FTZ 207 — Foreign-Trade Zone 207 — Capital Region Airport Commission

Virginia · Richmond · Port of entry: VA, Richmond-Petersburg

FTZ 207 is a Foreign-Trade Zone administered by the Capital Region Airport Commission, covering a service area of counties and cities in central Virginia around Richmond, and served by the Richmond-Petersburg port of entry.

Foreign-Trade Zone (FTZ) 207 is a designated area administered by the Capital Region Airport Commission, headquartered in Richmond, Virginia. The zone's service area spans a large portion of central Virginia, including the counties of Amelia, Appomattox, Brunswick, Buckingham, Caroline, Charles City, Charlotte, Chesterfield, Cumberland, Dinwiddie, Essex, Greensville, Goochland, Hanover, Henrico, King and Queen, King George, King William, Lancaster, Lunenburg, Mecklenburg, Middlesex, New Kent, Northumberland, Nottoway, Powhatan, Prince Edward, Prince George, Richmond and Westmoreland, along with the cities of Colonial Heights, Emporia, Hopewell, Petersburg, and Richmond. FTZ 207 is served by the Richmond-Petersburg port of entry.

A Foreign-Trade Zone is a secured area, supervised by U.S. Customs and Border Protection, where merchandise can be imported without immediate payment of duties. Depending on the qualifying activity, companies may defer, reduce, or in some cases eliminate customs duties on goods brought into the zone for storage, assembly, processing, or manufacturing before entering U.S. commerce or being re-exported.

FTZ 207 is relevant to importers, manufacturers, and distributors that operate, or are considering establishing, a facility within its service area. Companies evaluating whether FTZ status makes sense for a specific site typically work with a customs broker or an FTZ compliance consultant, who can assess the facility's operations and assist with the paperwork required to pursue site or subzone designation under the zone.

Who qualifies

FTZ 207 is relevant to importers, manufacturers, and distributors with existing or planned facilities within its central Virginia service area, including Richmond, Petersburg, Chesterfield, Henrico, and the other listed counties and cities. Businesses that import merchandise for storage, processing, assembly, or manufacturing before distribution or re-export may find FTZ designation applicable to their operations. Eligibility and fit depend on the specifics of each facility and its import activity.

How to apply

Companies interested in FTZ 207 should first contact the Capital Region Airport Commission, the zone's grantee, or a customs broker/FTZ compliance consultant to discuss site or subzone designation for a specific facility. Once a facility's fit is assessed, the formal application process is administered through the U.S. FTZ Board; details are available at https://www.trade.gov/how-to-apply.

Service area: Counties of Amelia, Appomattox, Brunswick, Buckingham, Caroline, Charles City, Charlotte, Chesterfield, Cumberland, Dinwiddie, Essex, Greensville, Goochland, Hanover, Henrico, King and Queen, King George, King William, Lancaster, Lunenburg, Mecklenburg, Middlesex, New Kent, Northumberland, Nottoway, Powhatan, Prince Edward, Prince George, Richmond and Westmoreland and the Cities of Colonial Heights, Emporia, Hopewell, Petersburg, and Richmond

Contact zone operator ↗

FTZ Board source ↗

Questions people ask

What is FTZ 207?

FTZ 207 is a Foreign-Trade Zone administered by the Capital Region Airport Commission, serving a defined area of central Virginia around Richmond.

Who is the grantee of FTZ 207?

The Capital Region Airport Commission is the grantee (sponsor) of FTZ 207.

What area does FTZ 207 cover?

It covers numerous counties and cities in central Virginia, including Chesterfield, Henrico, Hanover, and the City of Richmond, among others listed for the zone.

What port of entry does FTZ 207 use?

FTZ 207 uses the Richmond-Petersburg, VA port of entry.

Do I need a customs broker to use an FTZ?

Many companies work with a customs broker or FTZ compliance consultant to determine whether FTZ status fits their operations and to help file the required paperwork.

Is an FTZ the same as a bonded warehouse?

No, an FTZ and a bonded warehouse are different customs programs, though both allow certain deferrals related to imported goods; an FTZ generally offers broader options for activities like manufacturing and assembly.

How does a company get subzone status for its own facility?

A company typically contacts the zone's grantee or a customs broker/FTZ consultant to discuss designation, then follows the FTZ Board's application process.

Where can I find the official application process for FTZ status?

The official FTZ Board application process is described at https://www.trade.gov/how-to-apply.

Who can benefit from FTZ 207?

Importers, manufacturers, and distributors operating or planning facilities within the zone's central Virginia service area may benefit from FTZ 207.

Does FTZ 207 apply to facilities outside the listed counties and cities?

No, FTZ 207's service area is limited to the specific counties and cities listed for the zone.

Source: FTZ Board OFIS zone list (ofis.trade.gov). GetFundedUSA is independent and not affiliated with this zone's operator.