Presentation

Presented by
Edmundo Rodríguez, CHB
President & CEO
© 2016
OUR COMPANY

Founded: 1973 (over 40 years of experience)

2 Offices; 2 Licensed Brokers; 40 + employees

Over 1,000 Offices Worldwide – Global Network of
Agents

High-Tech System Procedures

Online Shipment Tracking & Support: www.nreyes.com

Web-tracking System

Posting of Additional Shipment Documents

Showing Custom & FDA Release Status

Printing of all Customs Documents via a PDF File

Periodic Monthly Statement (ACE)
Néstor Reyes, Inc. © 2016
OFFICES ON MAJOR-ACTIVITY PORTS
Western Area
Division
Aguadilla
Main Office
San Juan
SECURING YOUR SHIPMENT WHILE
LOWERING FREIGHT COSTS
Néstor Reyes, Inc. © 2016
GLOBAL NETWORK OF AGENTS
Néstor Reyes, Inc. © 2016
NATIONAL PERMIT
Authority to transact Customs business in all
Customs Districts:




Employee implant rule/ employee on-site
Filing electronic drawbacks
National Customs Automation Program
Post-entry summary work
Néstor Reyes Inc.,
your Customs House Brokers
across the Nation!
Néstor Reyes, Inc. © 2016
Néstor Reyes, Inc. © 2016
Néstor Reyes, Inc. © 2016
OUR INTEGRATED LOGISTICS
SERVICES FOR YOUR SUCCESS
From placing
the order
• Incoterms 2010®
• ISF (10 + 2)
• Worldwide Agent
Network (Freight
Savings)
• Full Control of
Documents & Cargo
• IVU-PICO-IVA
“Just in Time”
FTZ Inventory
Program
• Inverted Tariff
Provisions
• No Duties or
Municipal Taxes on
Repair parts until
used
• No duties/Taxes on
Defective or non
approved goods
Tax Incentives
•Act # 73 July 2008
•4% Maximum Tax Rate
•No Municipal Taxes on Exports
•Act 159 June 2004
•CRIM Exemption on Merchandise
& Equipment
•60% Exemption on the Property
(some restrictions apply)
•Act 131 June 1999
•Tax Exemption on the “Patente
Municipal” for FTZ’s
•Act 20 January 2012
•4% Corporate rate tax; 100% tax
exemption on dividends from
export services businesses; 100%
tax exemption on property taxes
(90% after a five-year period);
Decree of 20 years guaranteeing
these rates; No federal taxes
Néstor Reyes, Inc. © 2016
CUSTOMS & TRADE INSTITUTE: A
DIVISION OF NRI
Seminars on Global Trade
 Basic
to PR)
Guide for Importing into the U.S. (associated
 Exportation
of Goods and Services
 INCOTERMS®
 Import
2010 & Marine Insurance
& Export Procedures and Requirements
 Classification,
 Letters
Value & Invoice Requirements
of Credit for Import/Export Transactions
Néstor Reyes, Inc. © 2016
CUSTOMS & TRADE INSTITUTE: A
DIVISION OF NRI
Seminars on Global Trade
 How
to Survive a Customs Audit
 Foreign
Trade Zones Program
 Prevent
Terrorism – Protect Your Operations:
Advantages of Joining the Customs-Trade
Partnership Against Terrorism
 Food
& Drug Administration Bioterrorism Act
 E-Logistics
 Customs
& International Trade
Compliance
Néstor Reyes, Inc. © 2016
OUR SERVICES FOR YOUR
IMPORT & EXPORT OPERATIONS
Customs
Brokerage
Freight
Forwarding
Source Deliver
Cargo
Worldwide
Door to Door
Shipments
ISF 10+2
IVU-PICO-IVA
NVOCC’S
In-Bond In-Land
Transportation
Trade
Consultants &
FTZ Advisors
Security
Consulting
Warehousing &
Distribution
Trade Seminars
Néstor Reyes, Inc. © 2016
IMEX ZONE LOGISTICS, INC.
FTZ SERVICES FOR SMALL BUSINESS
Exhibit Merchandise
Pick, Sort & Re-Pack Services
FTZ Public Warehouse
A valuable resource for new
exporters. A small business can
expand their market share to
the Caribbean and the
Americas while minimizing
operational costs.
In- Bond Carrier & Island
Distribution
Air & Ocean Export Services
Néstor Reyes, Inc. © 2016
QUALIFICATIONS
Holders of Customs National Permit
Puerto Rico Chamber of Commerce (Certified)
C-TPAT* certified operations
New Ace Program Participants
Minority Business Enterprise (Certified)
NAFTZ** Member
*C-TPAT – Customs-Trade Partnership Against Terrorism
**NAFTZ – National Association of Foreign Trade Zones
Néstor Reyes, Inc. © 2016
CUSTOMS-TRADE PARTNERSHIP
AGAINST TERRORISM (C-TPAT)
NRI is the first local provider to be accept in the C-TPAT Program. Our
Knowledge and Commitment ensure a more secure service for your
worldwide supply chain operations.
BENEFITS
 Reduced Inspections & Border Time
 Account Management
 Eligibility for Account-based Processes
(bimonthly/monthly payments, e.g.)
 Faster Shipment Processing / Reduced Delivery
Time
 Privileges during targeting processes and
penalty mitigations
Néstor Reyes, Inc. © 2016
FOREIGN TRADE ZONES IN
PUERTO RICO
Néstor Reyes, Inc. © 2016
FOREIGN TRADE ZONES
(FTZ’S)
"A foreign-trade zone is a restrictedaccess site, in or adjacent to a
Customs port of entry, operated
pursuant to public utility principles
under
the
sponsorship
of
a
corporation granted authority by the
Board and under supervision of the
Customs Service.”
Regulations of the Foreign-Trade Zones Board (19 CFR Part 400)
Néstor Reyes, Inc. © 2016
FTZ’S IN PUERTO RICO
Multiple Cash
Flow
Advantages
No duties/
taxes until
declared for
Consumption
Advantage
s for
Distribution
• Combining
Foreign and
Domestic
merchandise
• Reduced
Transit Time
• Reduced
Transportation
Costs
• Reduced
Destination
Charges
Advantages
to Export
from PR
•4% Maximum Tax Rate (Act 73 of 7-01-08)
•No Federal Income Tax
•No Property or Inventory Taxes (10%)
(Act 159 of 6-24-04)
•4% Corporate rate tax; 100% tax exemption
on dividends from export services
businesses; 100% tax exemption on property
taxes (90% after a five-year period); Decree
of 20 years guaranteeing these rates; No
federal taxes (Act 20 of 01-12)
•No Municipal Tax (Act 131 of 6-17-99) or
Customs Duties (Except Petroleum Products
(Act 126 of 10-6-05)
•4% Corporate rate tax; 100% tax exemption
on dividends from export services
businesses; 100% tax exemption on property
taxes (90% after a five-year period); Decree
of 20 years guaranteeing these rates; No
federal taxes (Act 20 of 01-12)
Néstor Reyes, Inc. © 2016
FTZ’S IN PUERTO RICO
Inverted
Tariff
Provisions
Duty Deferral –
Customs
Duties &
Federal Taxes
deferred on
imports
Logistical Benefits
– “Weekly Entry”,
“Weekly Entry for
Exports”, “Direct
Delivery”
No Municipal
Tax on
Exports to
Foreign
Countries
Advantages for
Processing/
Manufacturing
No Property
Inventory Tax
“(CRIM) while
in the Zone Act
159 6/24/04
No duties or
Property
Inventory
(CRIM) on
Machine Spare
Parts- until used
No duties on
Damaged
goods or
expired
inventory
Néstor Reyes, Inc. © 2016
NRI FTZ GROUP
A Team of Experts for the development and
operation of your own Foreign Trade Zone.
Handling of all
Admissions,
Entries, Exports,
Bonded
Transportation
and much
more!
Feasibility
Studies &
Savings
Analysis
Federal
Security
Requireme
nts
FTZ Group
Services
Customs
Binding
Rulings
FTZ Board
Application
& Operation
Logistics
Pre
Customs
FTZ Audit
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #7 Mayagüez
Grantee: Puerto Rico Industrial Development Company

IPR Pharmaceuticals, Inc.

GE Appliances Caribbean & Co.

José G. Flores, Inc.

Cabrera Grupo Automotriz Corp.

Mitsubishi Motor Sales of the
Caribbean

CooperVision Caribbean Corp.

Motorambar, Inc. (Cataño)

Komodidad Distributors

Motorambar, Inc. (Parts)

Walgreens

Motorambar, Inc. (Infiniti Lot)

Baxter Healthcare S. A.

Multiventas y Servicios PR, Inc.

Eleven Eleven Corp.

Mays Chemical Company of
Puerto Rico, Inc.

Allied Logistics Corp.

Sony Puerto Rico, Inc.

Droguería Betances

Suzuki Del Caribe, Inc. (Parts
Warehouse)

International Automotive
Distributor Group, LLC

Toyota de Puerto Rico, Inc.

IKEA – Sartón Dominicana S.A.S

Patheon Puerto Rico, Inc.

Omega Market Research
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #7 Mayagüez
Grantee: Puerto Rico Industrial Development Company
Subzone 7B
Commonwealth Oil Refining Company, Inc.
Subzone 7C
Bristol Myers Squibb Mfg. Company – Humacao
Subzone 7D
Bristol Myers Squibb (Deactivated)
Subzone 7E
Dupont Agricultural (DACI)
Subzone 7F
Puma Energy Caribe, LLC
Subzone 7G
MSD International GMBH (Puerto Rico Branch) LLC
Subzone 7H
Ortho Biologics, LLP
Subzone 7I
AbbVie, Ltd
Subzone 7J
Bristol Myers Squibb – Manatí
Subzone 7K
Lilly del Caribe
Subzone 7L
Patheon (MOVA) P.R. – Manatí
Subzone 7M
Amgen Manufacturing
Subzone 7N
Pepsi Cola Puerto Rico Distributing, LLC
Subzone 7O
Neolpharma, Inc.
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #61 San Juan
Grantee: Compañía de Comercio y Exportación
Subzone
61A
Pfizer Pharmaceuticals, LLC
(Guayama)
Subzone
61K
Pfizer Pharmaceuticals, LLC
Subzone
61B
Pfizer Pharmaceuticals. LLC
Subzone
61L
Coamo Property & Investments,
LLC
Subzone
61C
SB Pharmaco Puerto Rico
Subzone
61M
Sea World, Inc. (Guaynabo)
Subzone
61D
AJAC Inrternational Pharma, LLC
Subzone
61N
Janssen Ortho LLC (Gurabo)
Subzone
61E
Merck, Sharpe & Dohme Química
De Puerto Rico, Inc. (Barceloneta)
Subzone
61O
Roger Electric Corporation
Subzone
61H
Baxter Healthcare Corporation
(Guayama)
Subzone
61P
Parapiezas Corporation
Subzone
61I
Buckeye Caribbean Terminals,
LLC (Yabucoa)
Subzone
61Q
Autogermana, Inc.
Subzone
61J
Pepsi-Cola Manufacturing
International, Ltd. (Cidra)
Subzone
61R
Rooms to Go
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #61 San Juan
Grantee: Compañía de Comercio y Exportación
Expansion Site 1, Parcel
A
Plaza Provisions Company
Expansion Site 1, Parcel
A, Building 5
Colomer & Suárez
Expansion Site 1, Parcel
E
Kimberly Clark
Expansion Site 2
Cardinal Health P.R. 120, Inc.
Expansion Site 3
Able Sales Company, Inc.
Expansion Site 4
Bayamón Logistics
Expansion Site 5
Bella International
Expansion Site 5
Casco Sales Company, Inc.
Expansion Site 6
GIB – Me Salvé (Toa Baja)
Expansion Site 7
Garage Isla Verde
Expansion Site 8
VWR Advanced Instruments, LLC
Expansion Site 10
Gómez Hnos. Kennedy DBA Garage Europa
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #61 San Juan
Grantee: Compañía de Comercio y Exportación
Expansion Site
14
Barranquitas Auto Corp. DBA Benítez Auto
Expansion Site
17
GIB – Me Salvé (Cataño)
Expansion Site
19
Rams Imports
Expansion Site
20
Caguas Expressway Motors
Expansion Site
21
Trafon Group
Expansion Site
24
Rafael Hernández Airport
Expansion Site
25
Carlos Robles Bath, Tile & Stone
Expansion Site
26
Aceros de América
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #163 Ponce
Grantee: Coorporación para el Desarrollo de la Zona Libre de Ponce, C.D.
Subzone
163A
Zimmer Manufacturing BV
Subzone
163B
HHVPH Motor Corporation
Subzone
163C
Betteroads Asphalt
Corporation
Subzone
163D
Correa Tire Distributor, Inc.
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #163 Ponce
Grantee: Coorporación para el Desarrollo de la Zona Libre de Ponce, C.D.
163-1
Puerto Rico Distribution
163-1
Pepsi-Cola Mfg. International Limited
163-2
Peerless Oil and Chemicals, Inc.
163-2
EcoEléctrica L.P.
163-2
Demaco Corporation (Parcel 5)
163-3
Umeco, Inc.
163-4
Centro Automotriz Santa Rosa, Inc.
163-5
Parque Industrial Mercedita
163-6
Cotto Laurel Industrial Park (Industrias Vasallo)
163-7
César Castillo, Inc.
163-8
Ayala Warehouse, Inc.
Néstor Reyes, Inc. © 2016
ZONES & SUB-ZONES IN PR
FTZ #163 Ponce
Grantee: Coorporación para el Desarrollo de la Zona Libre de Ponce, C.D.
163-10 Colomer & Suárez (Ponce)
163-11 Procaribe
163-12 Yaucono Industrial Park
163-13 Quebrada Arenas Industrial Park
163-14 Caribe R. X. Service
163-15 R. Ortiz Auto Distributor
163-16 Destilería Serrallés
Néstor Reyes, Inc. © 2016
The Key to Success in Today’s Global
Business
Néstor Reyes, Inc. © 2016
TOP U.S. CUSTOMS BROKER IN P.R.
Néstor Reyes, Inc. © 2016
NRI HANDLING THE SHIPMENTS FOR
PUERTO RICO LEADING BUSINESS
Exhibitions
and Fairs
Plan your next
shipment with the
experts!
Pharmacies
Industries
and Life
Sciences
Projects
Sport and
Special
Events
Automotive
Industry
Construction
Food and
Beverages
Textile and
Apparel
High Tech
Industries
Néstor Reyes, Inc. © 2016
NRI, ACTIVE
IN PUERTO RICO’S COMPETITIVENESS
President PR District
Export Council
(Federal Department
of Commerce)
President of the
Transportation &
Logistics Committee
of the PR Chamber of
Commerce
Member of Governor
García Padilla’s
“Junta de Comercio
Exterior”
Vice President of P. R.
Manufacturers
AssociationTransportation and
Logistics Committee
Past Advisor to the
Legislature (House of
Representatives &
Senate)
Past Board Member
PR Minority Suppliers
Development Council
Pro-bono Consultant
of several Local
Government
Agencies
Advisors for
International
Commercial Treaties
(GATT, NAFTA, CAFTA,
CAFTA DR, FTAA)
Internships Programs
for Students in
International Trade
Speaker and Advisor
for Universities,
Government ,
Industry and Trade
Organizations
Néstor Reyes, Inc. © 2016
REFERENCE WEBSITES
Foreign Trade Zone
Board
National Association of
Foreign Trade Zones
U.S. Customs and
Border Protection
Food & Drug
Administration
Federal Register
Code of Federal
Regulations
Departamento de
Hacienda
Congress – Senate and
House Legislation
U.S. Export Assistance
Center of San Juan
U.S. Deparment of
Commerce
http://ia.ita.doc.gov/ftzpage/
www.naftz.org
http://www.cbp.gov/
www.fda.gov
http://www.gpoaccess.gov/fr/index.html
http://www.gpoaccess.gov/cfr/index.html
www.hacienda.gobierno.pr
http://thomas.loc.gov/
http://export.gov/puertorico/
http://www.export.gov
Néstor Reyes, Inc. © 2016
NRI PRINCIPAL CONTACTS
E-mail
Cellular
Edmundo Rodríguez, CHB
e.rodriguez@nreyes.com
787-431-3585
Ángel C. Escalera, CHB
a.escalera@nreyes.com
787-431-3646
Luis A. Rosado
l.rosado@nreyes.com
787-431-3586
Maricarmen Bobé
m.bobe@nreyes.com
787-642-7550
Luisa M. Parrilla, MT
l.parrilla@nreyes.com
787-547-7089
Damaris Báez
d.baez@nreyes.com
787-640-6333
Annubizze López
a.lopez@nreyes.com
787-431-3686
President & CEO
Administrative VP
General Manager & Comptroller
Integrated Logistics Manager
Project Manager
Traffic Manager
Western Area Division Coordinator
Néstor Reyes, Inc. © 2016
CONTACT US
Physical Address
Edificio Mercantil Plaza
2 Ave. Ponce de León
Suite 501
San Juan, PR 00918
Mailing Address
NRI
PO Box 9023474
San Juan, Puerto Rico
00902-3474
Phone
787-289-6465
Fax
787-289-6457
Web Address
www.nreyes.com
General questions
info@nreyes.com
Néstor Reyes, Inc. © 2016
Your One-Stop Shop In
Customs Brokers
Global Logistics Freight Forwarders
Bonded
Warehouse
In-Land
Transportation
Foreign Trade
Zone
Training
Seminars
Customs
Compliance
Assessment
NVOCC
National
Permit
C-TPAT Member &
Ace Participant
Project
Management