{"@context":"https://schema.org","@type":"DefinedTerm","name":"Free Trade Zone (FTZ) in Port","description":"Unlike a standard port area where arriving goods are immediately subject to customs clearance, a port free trade zone (FTZ) suspends import duties, excise taxes, and VAT until cargo leaves the designated perimeter and enters the domestic customs territory—or waives them entirely on re-export. Within the zone, goods may be stored, repackaged, processed, or consolidated for onward shipment. Freight forwarders and trading companies use port FTZs primarily to defer duty costs and to manage transship","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/free-trade-zone-ftz-in-port","inLanguage":"en","dateModified":"2026-06-26T14:32:43.328024","citation":"https://www.durban.gov.za","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/free-trade-zone-ftz-in-port","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Free Trade Zone (FTZ) in Port · Unlike a standard port area where arriving goods are immediately subject to customs clearance, a port free trade zone (FTZ) suspends import duties, excise taxes, and VAT until cargo leaves the designated perimeter and enters the domestic customs territory—or waives them entirely on re-export. · Quelle: https://www.durban.gov.za"}