City of New York Foreign-Trade Zone No. 1
City of New York Foreign-Trade Zone No. 1 is a Free Zone located in New York, United States, established in 1937, with City of New York listed as its governing authority.
Key Facts
| Type | Free Zone |
|---|---|
| Location | New York, United States |
| Year Established | 1937 |
| Area | 5000 hectares |
| Companies | 3,000 |
| Governing Authority | City of New York |
| Status | operational |
Recorded Benefits and Incentives
The zone permits duty-free imports and features streamlined customs procedures. It offers strategic access to port facilities.
Verify eligibility and current terms with the zone authority.
About City of New York Foreign-Trade Zone No. 1
The City of New York Foreign-Trade Zone No. 1 is the oldest and one of the largest foreign-trade zones in the United States, established in 1937. It encompasses multiple sites throughout the five boroughs, serving as a hub for international commerce. The zone allows companies to defer, reduce, or eliminate customs duties on imported goods, streamlining global supply chains. It aims to foster economic growth and employment within New York City.
Frequently Asked Questions
What type of zone is City of New York Foreign-Trade Zone No. 1?
City of New York Foreign-Trade Zone No. 1 is a Free Zone.
Where is City of New York Foreign-Trade Zone No. 1 located?
City of New York Foreign-Trade Zone No. 1 is located in New York, United States.
When was City of New York Foreign-Trade Zone No. 1 established?
City of New York Foreign-Trade Zone No. 1 was established in 1937.
Which governing authority is listed for City of New York Foreign-Trade Zone No. 1?
SEZ Explorer records City of New York as the governing authority for City of New York Foreign-Trade Zone No. 1. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for City of New York Foreign-Trade Zone No. 1?
SEZ Explorer's current record lists: The zone permits duty-free imports and features streamlined customs procedures. It offers strategic access to port facilities. Verify eligibility and current terms with the zone authority.