history about inzone bonded warehouse or ftz? what about my company?

Many companies wonder whether the benefits available through a Foreign-Trade Zone can be equally realized by utilizing a bonded warehouse. Below is a functional comparison between a bonded warehouse and a Foreign Trade Zone. As is evident in the information below, a FTZ provides greater advantages over a bonded warehouse.

Function	Bonded Warehouse	FTZ
Customs Entry	A bonded warehouse is within U.S. Customs territory; therefore, a Customs Entry must be filed to enter goods into the warehouse.	A zone is not considered within Customs territory. Customs entry is, therefore, not required until removed from a zone.
Cargo Permitted	Only foreign merchandise may be placed in a bonded warehouse	All merchandise, whether domestic or foreign, may be placed in a zone
Customs Bonds	Each entry must be covered by either a single entry, term bond or general term bond.	No bond is required for merchandise in a zone.
Duty Remittance	Duties are due prior to release from bonded warehouses.	Duties are due only upon entry into U.S. territory.
Manufacturing Goods	Manufacturing is prohibited.	Manufacturing is permitted with duty payable at the time the goods leave the Zone for U.S. consumption. Duty is payable on either the imported components or the finished product, whichever carries a lower rate. No duty on waste material or on value added in manufacturing, such as labor, overhead and profit. No duty paid on goods exported from a zone.
Appraisal & Classification	Immediately.	Tariff rate and value may be determined either at the time of admission into a zone or when goods leave a zone, at your discretion.
Storage Terms	Not to exceed 5 years.	Unlimited.
Operations on merchandise destined for domestic consumption	Only cleaning, repackaging and sorting may take place and under Customs supervision.	Sort, destroy, clean, grade, mix with foreign or domestic goods, label, assemble, manufacture, exhibit, sell, repack.
Customs Entry Regulations	Apply fully.	Only applicable to goods actually removed from a zone for U.S. consumption.
Jurisdiction of other federal agencies	Applies to all foreign merchandise.	Application of Federal regulations depends on products and agency.