The City of Cape Coral maintains Foreign Trade Zone (FTZ) status in each of the city’s primary industrial parks: the North Cape Industrial Park and the Mid Cape Commerce Park. These are subzones of the FTZ at Southwest Florida International Airport. Foreign Trade Zones aid import and export businesses by allowing savings on taxes and duties. Businesses that import can benefit from direct delivery, weekly entry and duty deferral. Duty deferral makes it possible for companies to defer payment on imported items until they are ready to be shipped to their final destination. Businesses that export can benefit because they are not required to use a duty drawback when re-exporting.
Learn more about Cape Coral's Foreign Trade Zones.