Foreign Trade Zone #123
60 Miles or 90 Minute Drive Radius from Denver International Airport
FTZ #123 is the metro Denver region’s foreign trade zone, helping Colorado companies be more globally competitive. Foreign Trade Zone #123 currently has several active zone operators, including two General Purpose Zones, Aspen Distribution and Central Oceans, which benefit multiple companies.
Foreign Trade Zones (FTZs) are an effective tool approved by the FTZ Board and US Customs & Border Protection to reduce or offset tariffs and fees, remove the need for Duty Drawbacks, defer expenses, enhance competitiveness, and save time in managing a diverse supply chain of foreign-produced goods. Last year alone FTZ #123 saved companies millions of dollars in tariffs and fees, making Colorado companies more globally competitive.
The FTZ #123 Grantee is the World Trade Center Denver, a trade association serving the Rocky Mountain Region with international trade services for 37 years. As the Grantee, the WTC Denver assists with the application process, and helps companies locate resources with specialized knowledge for an in-depth evaluation of the risks and benefits associated with operating in a Foreign Trade Zone.
Is an FTZ right for my company?
Could your company benefit from a Foreign Trade Zone (FTZ)? The World Trade Center Denver, in partnership with QAD, offers a complimentary assessment to help you determine whether an FTZ is the right solution for your business.
