Token Communities (TKCM) subsidiary ASC Global Inc. is pursuing Foreign Trade Zone (FTZ) status for its APOZ Business Park, which already holds Qualified Opportunity Zone status. The company is working with Baytown West Chambers County Economic Development Foundation and IMS Worldwide Inc. to handle the FTZ application process. FTZ designation would allow companies operating within APOZ to benefit from reduced or eliminated customs duties, taxes, and fees when moving goods internationally. The status aims to enhance APOZ's competitiveness in attracting overseas companies by offering significant cost savings on importing manufacturing equipment, components, and raw materials, while also providing benefits in supply chain optimization and logistics streamlining.
La societ脿 controllata di Token Communities (TKCM), ASC Global Inc., sta perseguendo lo status di Zona Franca (FTZ) per il suo APOZ Business Park, che gi脿 possiede lo status di Zona di Opportunit脿 Qualificata. L'azienda collabora con la Baytown West Chambers County Economic Development Foundation e IMS Worldwide Inc. per gestire il processo di richiesta della FTZ. La designazione FTZ consentirebbe alle aziende operanti all'interno di APOZ di beneficiare di riduzioni o eliminazioni di dazi doganali, tasse e commissioni nel trasferimento internazionale di merci. Questo status mira a migliorare la competitivit脿 di APOZ nell'attrarre aziende estere, offrendo risparmi significativi sui costi di importazione di attrezzature di produzione, componenti e materie prime, oltre a vantaggi nell'ottimizzazione della catena di approvvigionamento e nella semplificazione della logistica.
La subsidiaria de Token Communities (TKCM), ASC Global Inc., est谩 buscando obtener el estatus de Zona de Comercio Exterior (FTZ) para su APOZ Business Park, que ya cuenta con el estatus de Zona de Oportunidad Calificada. La empresa est谩 trabajando con la Baytown West Chambers County Economic Development Foundation y IMS Worldwide Inc. para gestionar el proceso de solicitud de la FTZ. La designaci贸n FTZ permitir铆a a las empresas que operan dentro de APOZ beneficiarse de reducciones o eliminaciones de aranceles, impuestos y tasas al mover mercanc铆as internacionalmente. Este estatus tiene como objetivo aumentar la competitividad de APOZ para atraer compa帽铆as extranjeras, ofreciendo ahorros significativos en la importaci贸n de equipos de fabricaci贸n, componentes y materias primas, adem谩s de beneficios en la optimizaci贸n de la cadena de suministro y la simplificaci贸n log铆stica.
La filiale de Token Communities (TKCM), ASC Global Inc., cherche 脿 obtenir le statut de Zone Franche (FTZ) pour son APOZ Business Park, qui b茅n茅ficie d茅j脿 du statut de Qualified Opportunity Zone. L'entreprise collabore avec la Baytown West Chambers County Economic Development Foundation et IMS Worldwide Inc. pour g茅rer le processus de demande de FTZ. La d茅signation FTZ permettrait aux entreprises op茅rant au sein d'APOZ de b茅n茅ficier de r茅ductions ou d鈥檈xemptions de droits de douane, taxes et frais lors du d茅placement international de marchandises. Ce statut vise 脿 renforcer la comp茅titivit茅 d'APOZ pour attirer des entreprises 茅trang猫res en offrant des 茅conomies significatives sur l'importation d'茅quipements de fabrication, de composants et de mati猫res premi猫res, tout en apportant des avantages dans l'optimisation de la cha卯ne d'approvisionnement et la simplification de la logistique.
Die Tochtergesellschaft von Token Communities (TKCM), ASC Global Inc., strebt f眉r ihren APOZ Business Park, der bereits den Status einer Qualified Opportunity Zone besitzt, den Status einer Foreign Trade Zone (FTZ) an. Das Unternehmen arbeitet mit der Baytown West Chambers County Economic Development Foundation und IMS Worldwide Inc. zusammen, um den FTZ-Antragsprozess zu bearbeiten. Die FTZ-Auszeichnung w眉rde es Unternehmen innerhalb von APOZ erm枚glichen, von reduzierten oder entfallenen Zollgeb眉hren, Steuern und Abgaben beim internationalen Warenverkehr zu profitieren. Dieser Status soll die Wettbewerbsf盲higkeit von APOZ bei der Anziehung ausl盲ndischer Unternehmen verbessern, indem er erhebliche Kosteneinsparungen beim Import von Fertigungsausr眉stung, Komponenten und Rohstoffen bietet sowie Vorteile bei der Optimierung der Lieferkette und der Straffung der Logistik.
Positive
FTZ status would provide competitive advantages in attracting international companies
Companies in APOZ would benefit from reduced or eliminated customs duties and taxes
Potential for supply chain optimization and logistics streamlining
Dual status as both QOZ and FTZ would enhance business park's attractiveness
Negative
FTZ status is not yet secured and remains pending
Success in attracting overseas companies is not guaranteed
APOZ is becoming a QOZ & FTZ Dual Status Business Park
HOUSTON TX / / June 11, 2025 / ASC Global Inc. as a wholly-owned subsidiary of Token Communities (OTC PINK:TKCM) has initiated the effort and process of becoming a Foreign Trade Zone, in addition to its Qualified Opportunity Zone status.
According to Ms. Tina Pei Wise, the Director of Coordination of the company, Baytown West Chambers County Economic Development Foundation has been providing a great deal of support and assistance to the APOZ Project, including the kind introduction made to IMS Worldwide Inc. to handle the application process, along with many valuable insights and expertise. Once the FTZ status is secured, APOZ will gain a great deal of competitiveness in attracting hundreds of overseas companies to relocate into APOZ Business Park, by saving valuable working capital in importing manufacturing equipment, semi-completed parts & components, and raw materials.
FTZ : Foreign-trade zones (FTZs) are specially designated sites near U.S. ports of entry that allow corporations of all sizes to move goods in and out of the country, taxes, or fees. Designed to help U.S. companies remain globally competitive, companies operating in an FTZ are treated as if they are outside of U.S. Customs territory for duty purposes. In addition to customs deferrals and exemptions, FTZs can help companies save money in many other ways as well.
By using FTZs strategically, , streamline logistics, gain control over their inventory, minimize regulatory hassles, and take advantage of tax breaks unavailable to companies operating outside of FTZs, among other things.
For any further information, please contact Mr. David Champ at (631) 397-1111
Forward-Looking Statements
Certain information set forth in this presentation contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
SOURCE: Token Communities Ltd.
View the original on ACCESS Newswire
FAQ
What is Token Communities (TKCM) seeking to achieve with the APOZ Business Park?
Token Communities is seeking to obtain Foreign Trade Zone (FTZ) status for APOZ Business Park, which would complement its existing Qualified Opportunity Zone status and help attract overseas companies through customs and tax benefits.
What benefits would FTZ status provide to APOZ Business Park?
FTZ status would allow companies to move goods in and out of the country with reduced or no customs duties, taxes, or fees, while also enabling supply chain optimization and logistics streamlining.
Who is helping Token Communities (TKCM) with the FTZ application process?
Baytown West Chambers County Economic Development Foundation is providing support and has introduced IMS Worldwide Inc. to handle the FTZ application process.
How would FTZ status benefit companies operating in APOZ Business Park?
Companies would save working capital on importing manufacturing equipment, semi-completed parts, components, and raw materials, while being treated as if they are outside U.S. Customs territory for duty purposes.
What is the current status of APOZ's FTZ application?
The company has initiated the application process for FTZ status, but the designation has not yet been secured.
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