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Located 60 miles north of Los Angeles lies a land of opportunity designed especially for those involved in global commerce: The Palmdale Foreign-Trade Zone. Properties with a Foreign-Trade Zone designation offer international traders, large and small, outstanding opportunities to take advantage of all that Los Angeles has to offer at an affordable price.

Examples of Potential Foreign-Trade Zone Benefits

The Palmdale Foreign-Trade Zone offers the following significant benefits:

Close proximity to the ports of Los Angeles and Long Beach.
Outstanding transportation facilities including modern rail, air and highway connections to all of California and the rest of the United States.
Over 1,300 acres of industrial property comprising 50 buildings totaling nearly 1.5 million square feet.
A skilled and educated workforce comprising over 50,000 people.
Affordable land and building costs, often 50 percent less than comparable sites in Los Angeles.
A one-stop development services center at City Hall, the city's ten specific plan areas, and the city's Development Advisory Board (DAB), provide a fast-track entitlement process for development and decrease the amount of time spent acquiring permits
A cooperative local government that understands the needs of multinational businesses.

Duties are deferred until goods leave the Foreign-Trade Zone, allowing your company to:

Improve cash flow while providing faster response to customer needs.
Add intrinsic value to your goods in the Zone affecting the goods assessed duty value.
Manufacture or process imported products within the Zone and choose to pay the duty rate for either original material or the finished goods, whichever is less.
Re-export goods to a third country duty-free.
Exhibit and sample goods to your prospective customers, duty-free.
Destroy by-products or damaged goods within the Zone and avoid duty liability on these components.

For more information on the Foreign-Trade Zone, please contact City's economic development department at 661/267-5125.

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