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Negotiating and building a Good Incentives Policy takes Openness

The practice of having a good incentives policy that is not only effective in landing investments in a community requires skill in communicating clearly what the policy wants to achieve.  This can be accomplished by starting with concise goals or objectives that dictate the requirements of the investors and that the benefits be clearly defined.  When a community fails to achieve good results its usually due to abstract policies that mislead or miscommunicate compliance and benefits in a policy.  

If you are an investor and need help in understanding a community's policy requirements and the benefits in terms of incentives that a project can obtain, contact us for guidance.

 Learn How Foreign Trade Zones Can Generate Jobs and Investment on Simply Trade Podcast


Our new podcast episode with special guest Jose Quinonez, A.Z.S., CM, explores how communities can establish Foreign Trade Zones to attract manufacturers and save businesses big on import duties. Jose shares the application process and real examples of economic growth.


Here are 3 Tips from the episode:


1. Collaborate with local governments, chambers of commerce, and industry players when applying for an FTZ designation. Their support and letters of recommendation can strengthen the application.


2. Consider consulting with FTZ experts during the application process. They can help ensure all requirements are met and the submission is as strong as possible.


3. Calculate potential duty savings for your business using inverted tariff relief. Manufacturers importing components and exporting finished goods may save hundreds of thousands annually through FTZ benefits.


For your benefit, click down below to listen:


Hosts: Lalo Solorzano & Andy Shiles √


#Podcast #FTZ #Trade #Tariff #Import #Export #documentations #experts 

Welcome to 2024 -  Can you believe it?  Its time to get back to reality and start on the right foot as we start off this new year.  The FTZ Annual Report is due around the corner, and for grantees and operators this means its time to start working on putting together the numbers for the annual report for 2023.  The FTZ Board website provides some guidance to help grantees and operators, and you may also want to check out the NAFTZ's website for some useful webinars on how the Boards OFIS interface is all about.

Have some questions or need some help, reach out to us.  

Happy New Year!🎉