GetFundedUSA › Foreign-Trade Zones › FTZ 262
FTZ 262 — Foreign-Trade Zone 262 — Northern Mississippi FTZ, Inc.
Mississippi · Southaven · Port of entry: TN, Memphis
FTZ 262 is a Foreign-Trade Zone administered by Northern Mississippi FTZ, Inc., covering DeSoto, Lafayette, Marshall, Panola and Tate Counties in Mississippi, and it uses the Memphis, Tennessee port of entry.
Foreign-Trade Zone 262 is a Foreign-Trade Zone grantee organization, Northern Mississippi FTZ, Inc., based in Southaven, Mississippi. The zone's grantee administers FTZ activity for a defined service area covering DeSoto, Lafayette, Marshall, Panola and Tate Counties, using the Memphis, Tennessee port of entry for customs purposes.
A Foreign-Trade Zone is a designated area within the United States that is treated, for customs purposes, as being outside U.S. commerce. Companies that operate within an approved FTZ site or subzone may be able to defer, reduce, or in some cases eliminate customs duties on qualifying merchandise, depending on the nature of the activity conducted and the goods involved. This makes FTZ status potentially relevant to importers, manufacturers, and distributors that store, process, assemble, or otherwise handle foreign-origin merchandise at a facility located within the service area listed above.
Businesses considering FTZ status for a specific facility in this region typically do not pursue it alone. Instead, they work with a customs broker or an FTZ compliance consultant who can evaluate whether a particular site or operation qualifies, and who can help prepare and file the paperwork required to obtain site or subzone designation under FTZ 262 or through the federal FTZ Board process. This listing provides the basic identifying facts about FTZ 262 — its number, grantee, location, service area, and port of entry — for companies conducting that initial evaluation.
Who qualifies
How to apply
Service area: DeSoto, Lafayette, Marshall, Panola and Tate Counties
Questions people ask
What is FTZ 262?
FTZ 262 is a Foreign-Trade Zone administered by Northern Mississippi FTZ, Inc., serving DeSoto, Lafayette, Marshall, Panola and Tate Counties in Mississippi, using the Memphis, Tennessee port of entry.
Who is the grantee of FTZ 262?
The grantee is Northern Mississippi FTZ, Inc., based in Southaven, Mississippi.
What area does FTZ 262 cover?
Its service area includes DeSoto, Lafayette, Marshall, Panola and Tate Counties.
What port of entry does FTZ 262 use?
It uses the port of entry at Memphis, Tennessee.
Do I need a customs broker to use an FTZ?
Companies typically work with a customs broker or FTZ compliance consultant to evaluate eligibility and file the required paperwork, though this is a general program practice rather than a rule specific to FTZ 262.
Is an FTZ the same as a bonded warehouse?
No, FTZs and bonded warehouses are distinct customs programs with different rules, though both involve deferring or managing customs duties on foreign merchandise.
How do I get subzone status for my own facility in this area?
You would contact the grantee, Northern Mississippi FTZ, Inc., and typically work with a customs broker or FTZ consultant, then follow the FTZ Board's application process.
Where is the grantee for FTZ 262 located?
The grantee, Northern Mississippi FTZ, Inc., is located in Southaven, Mississippi.
Can businesses outside the listed counties use FTZ 262?
The listing's service area is limited to DeSoto, Lafayette, Marshall, Panola and Tate Counties; businesses outside that area would need to consult the grantee or FTZ Board about other zones.
What kind of businesses does FTZ 262 serve?
It is relevant to importers, manufacturers, and distributors operating or planning facilities within its service area.
Source: FTZ Board OFIS zone list (ofis.trade.gov). GetFundedUSA is independent and not affiliated with this zone's operator.