Foreign Trade Zone #249
Awarded by the U.S. Foreign Trade Zones Board in 2001, FTZ 249 covers five sites in Escambia County, Florida, including the Port of Pensacola. The Zone was officially activated in January 2003 when the cargo storage requirements of a major Port user sparked the need to designate several segments of the Port with active Foreign Trade Zone status. As the need arises, additional warehouses and open areas of the Port can be converted to active FTZ status relatively easily.
Typically, Foreign Trade Zones are utilized as a means of deferring or eliminating U.S. Customs duties and other taxes.
For more information about Foreign Trade Zone #249 click here.
Enterprise Zone #1702
Awarded in January 2003 by Governor Jeb Bush, Enterprise Zone #1702 encompasses most of downtown Pensacola, including the Port of Pensacola. Enterprise Zone designation opens a number of state and local tax incentives to businesses located within the Zone. For more information about Enterprise Zone #1702 and the financial benefits of EZ utilization, click here.
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