FTZ #5 - Port of Seattle

Seattle, United States of America

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Official Name:

FTZ #5 - Port of Seattle

City:

Seattle

Country:

United States of America

Share Capital:

Office Requirements:

Unconfirmed

PO Box:

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Services (includes consultancy, etc.):

Unconfirmed

Trading (includes trading activity):

Unconfirmed

General Trading:

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Audited Financial Reports:

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Industry Focus:

Cost of Setup:

Starting Cost of Renewals:

Visa Types

Type:

Time Duration:

Visa Time Duration Before Renewal Required:

Minimum Number of Visas Possible:

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Maximum Number of Shareholders:

Freelancer Option:

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Office Presence is Mandatory:

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Documents Required to Setup a Company :

SUMMARY :

FTZ #5, based in the Port of Seattle, occupies over 57,000 square metres. In 2014, the port was recognised by the Financial Times FDi Magazine for the “Highest Growth in Occupied Space”.

As well as providing office space and industrial units in close proximity to Seattle Port, one of the busiest in the North West, FTZ #5 also runs a number of initiatives to help businesses within it bring down costs – aside from the ability to reduce, defer or even eliminate duty payments which is standard across America’s foreign-trade zones. For example, the FTZs Weekly Entry Process allows companies to pay processing fees weekly rather than daily – which can bring savings of up to 85% on entry and processing fees.

FTZ #5’s location is without doubt its biggest asset. Part of the NorthWest Seaport Alliance – the fourth-largest container gateway for cargo shipping between Asia and major distribution points in the Midwest – the site benefits from excellent links to the Asian ports of China, Hong Kong, South Korea, Taiwan, Thailand, Vietnam, Malaysia and Indonesia, as well as easy access to Alaska and Canada.