Foreign Trade Zone #255
Nearly 1,800 acres of industrial and commercial properties in Washington County, Maryland are located within Foreign Trade Zone (FTZ) #255. Offered by Washington County Department of Business and Economic Development.
Key Facts
- Funder
- Washington County Department of Business and Economic Development
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Maryland
- Status
- Open
About This Grant
Nearly 1,800 acres of industrial and commercial properties in Washington County, Maryland are located within Foreign Trade Zone (FTZ) #255. Businesses operating in the FTZ can defer, reduce, or eliminate customs duties on imported goods, and benefit from exemptions on state and local ad valorem taxes for tangible personal property held for export. Duties are not paid on merchandise re-exported, on labor/overhead/profit from FTZ operations, or on inbound zone-to-zone transfers. The zone is...
Full requirements and application instructions: official listing.
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