Foreign-Trade Zones and Bonded Warehouses-OnlineWebinar

Friday, Apr 21, 2017 at 10:00AM - 1:00PM

Event Details

Learn how to take advantage of the benefits of foreign trade zones (FTZs) and bonded warehouses, such as improved cash flow, lower costs, improved inventory management, increased visibility of the supply chain, improve customs compliance. It is a way to reduce costs, save money, and run a more efficient inventory control. Many importers are unaware of the benefits and opportunities available in using these alternative import methods.

Objectives Of The Presentation
  • Understand how to import into a FTZ and Bonded Warehouse
  • Learn how set up and operate an FTZ and Bonded Warehouse
  • Appreciate the benefits of an FTZ and Bonded Warehouse
  • Understand what are permitted activities in an FTZ and Bonded Warehouse
  • Appreciate the difference between an FTZ and a Bonded Warehouse
  • Learn the advantages and disadvantages of FTZs and Bonded Warehouses
Why Should you Attend
Foreign-trade zones (FTZs) and bonded warehouses are two of the most effective tools for manufacturers and importers to avoid, reduce or defer duties. An FTZ is a geographical area in a US port of entry, where merchandise can be loaded, handled, stored, manipulated, manufactured, and exhibited, without being subject to Customs duties. Duties are only accessed when the merchandise is taken out of the FTZ or re-exported. This tariff relief is designed to lower the costs of US based operations engaged in international trade. Any company in any industry may apply to be a part of an FTZ.

A bonded warehouse is a building in which dutiable goods may be stored, manipulated, exhibited without payment of duty. Companies must provide a customs bond to the government for the deferred duties.

This webinar will explore the uses of FTZs and bonded warehouses, how to set them up and operate them, and how to determine their practicality and effectiveness for your business. 

Areas Covered
  • Overview of ftzs and bonded warehouses
  • Status of goods entering an FTZ
  • Reducing, eliminating and deferring duties in an FTZ
  • General-purpose zones vs. Private subzones
  • Permitted activities
  • FTZ benefits
  • Privileged foreign, non-privileged foreign and zone-restricted merchandise
  • Classes of bonded warehouses
  • Advantages and disadvantages of bonded warehouses vs. Ftzs
Who will Benefit
  • Importer-Exporters
  • Compliance Managers
  • Legal Departments
  • Logistics and Shipping Personnel
  • Chambers of Commerce
  • Foreign Trade Offices
  • Customs Personnel & Supply Chain Managers.

For Registration


Note: Use Promo code DE5YU and get 10% off on registration (Valid till APRIL 30th 2017)

Organization Details

Online Compliance Panel (OCP) creates and delivers comprehensive industry relevant training sessions. These sessions are simple, interactive and cost effective. We are a predominantly web based information exchange forum. Live interactions on compliance training make the process holistic and effective. OCP largely emphasizes in offering regulatory compliance training to compliance professionals on varied topics. These primarily include risk management, quality management, corporate compliance and other regulatory compliances. Some of our primary areas of focus include advancement and updates in regulatory compliance, best practices and market trends.

We strive to incorporate high standards in developing a culture facilitating exchange of ideas resulting in functional excellence. OCP believes in nurturing ideas and thought processes through innovative e-learning methodologies. Our products and services are designed to offer customized solutions to industry and market. We bridge the gap between experience and knowledge thus delivering original and creative content.

Our objectives of employing interactive mediums ensure effective communication and mutual exchange of ideas. OCP closely follows best practices and regulatory trends in the global compliance scenario. We also observe and communicate trends witnessed in FDA, ISO regulations, process and design validation. All updates and additions to important laws can be accessed by our customers in real time.

Our mission is to empower compliance professionals through effective online training sessions. Our world class training methodologies stem from comprehensive understanding of client requirements. The content conforming to FDA and ISO standards is developed by well qualified and experienced industry leaders. Our offerings will exceed expectations and add value to your investment.

The content in various categories such as medical devices, pharmaceuticals and biotechnology will raise the bar in terms of quality already on offer .We hope to contribute to the creation of responsible organizations creating benchmarks in quality, integrity and transparency.

Online Event
38780 Tyson Lane, Apt 210
Fremont 94536

Starts April 21, 2017 at 10:00AM - 1:00PM

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Contact Information

Organization: Online Compliance Panel LLC

Event Contact: OCP Panel

Phone: 15108575896