GetFundedUSA › Foreign-Trade Zones › FTZ 299
FTZ 299 — Foreign-Trade Zone 299 — Tyler Economic Development Council
Texas · Smith County, Texas · Port of entry: LA, Shreveport-Bossier Cty
FTZ 299 is a Foreign-Trade Zone covering a portion of Smith County, Texas, sponsored by the Tyler Economic Development Council. It is associated with the Shreveport-Bossier City, Louisiana port of entry.
Foreign-Trade Zone 299 is administered by the Tyler Economic Development Council, which serves as the grantee for this zone based in Smith County, Texas. The zone's service area covers a portion of Smith County, and it is associated with the Shreveport-Bossier City, Louisiana port of entry.
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 foreign merchandise, depending on how that merchandise is used, stored, or processed within the zone. This can apply to activities such as warehousing, assembly, manufacturing, and distribution of imported goods.
FTZ 299 is relevant to importers, manufacturers, and distributors that operate, or are considering establishing, a facility within the Smith County service area and that regularly handle foreign-sourced merchandise moving through the Shreveport-Bossier Cty port of entry. Businesses evaluating whether FTZ status would benefit a specific facility typically work with a licensed customs broker or an FTZ compliance consultant, who can assess the facility's import activity, determine whether site or subzone designation is appropriate, and assist with the paperwork required by the FTZ Board and U.S. Customs and Border Protection. The Tyler Economic Development Council, as grantee, is the local point of contact for pursuing zone participation in this area.
Who qualifies
How to apply
Service area: Smith County (portion)
Questions people ask
What is FTZ 299?
FTZ 299 is a Foreign-Trade Zone in Smith County, Texas, sponsored by the Tyler Economic Development Council.
Who is the grantee for FTZ 299?
The Tyler Economic Development Council serves as the grantee organization for this zone.
What area does FTZ 299 cover?
The zone's service area covers a portion of Smith County, Texas.
What port of entry is associated with FTZ 299?
The zone is associated with the port of entry at Shreveport-Bossier Cty, Louisiana.
Do I need a customs broker to use an FTZ?
Most companies work with a licensed customs broker or FTZ compliance consultant to determine whether FTZ status fits their operations and to handle the required filings.
Is an FTZ the same as a bonded warehouse?
No, FTZs and bonded warehouses are distinct customs programs with different rules, though both can involve deferring duties on imported goods.
How do I get subzone status for my own facility?
You would contact the zone's grantee, the Tyler Economic Development Council, and work through the FTZ Board's official application process to request subzone or site designation.
What benefits does FTZ status offer?
Depending on the activity, FTZ status can allow for duty deferral, reduction, or elimination on qualifying foreign merchandise handled within the zone.
Who is eligible to use FTZ 299?
Importers, manufacturers, and distributors with a facility in the Smith County service area may be eligible to pursue FTZ status.
Where can I find the official application process?
The FTZ Board's 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.