Helping international companies identify opportunities in our 16-county region is an important part of the Charlotte Regional Partnership’s economic development initiative. We work closely with our 11 honorary consuls, allies at our local international chambers of commerce and the more than 950 foreign-owned businesses in the region to help us connect with overseas firms interested in setting up U.S. operations. With our regional assets and international resources,Charlotte USA is an attractive location for foreign companies’ U.S. headquarters, manufacturing or distribution operations.
Foreign direct investment is a key part of our business development strategy. Therefore, the Charlotte Regional Partnership leads a contingent to global business destinations about twice a year. Our economic development team meets with companies, consultants, foreign consuls and international chambers of commerce to extol Charlotte USA’s business-friendly climate, accessibility and outstanding quality of life.
The Charlotte Regional Partnership administers Foreign Trade Zone #57, which offers significant tax and duty advantages to existing industries. Since FTZs are legally outside U.S. customs territory, merchandise from anywhere in the world may enter a foreign trade zone without a formal customs entry or the payment of customs duties or government excise taxes. Goods can be stored, exhibited, assembled, manufactured or processed. They aren’t taxed until they leave the FTZ and officially enter the U.S. Even then, the tax is on either the product itself or its imported components, whichever is lower. If the final product is exported, there are no duties at all.
With our central East Coast location, nonstop flights to global business destinations and robust transportation network, the Charlotte region is the ideal location for entry to the U.S. market. "You are never more than one stop from any business destination in the world."