Imported goods on which duties, taxes, and other custom related charges still need to be paid are labelled “bonded goods”. For storage purposes, the specific storage areas in warehouses where these goods are stored are bonded warehouses. These are typically warehouses owned by a business or a third-party logistics (3PL) provider like Emiza but are under the control of the custom authorities of that country and so are called Custom Bonded Warehouses.
In a regular storage warehouse, storage of goods happens, irrespective of any pending formalities. custom bonded warehouses are ideal for storing goods until all import and excise duties and custom formalities are closed. Post the green light from the custom Authorities, 3PL partners or owners accept goods for further shipping and distribution. Custom Bonded Warehouses owned by Emiza not only provide for safer and more cost-effective storage than if businesses would need to rent or lease an ISO container.
While imported goods are stored securely in Custom Bonded Warehouses, simultaneously other processes like manufacturing or preparing the goods for distribution continue uninterrupted. Preparing goods and keeping them in a ready-to-be-shipped state will help ensure a quick release as soon as the formalities have been closed. It is important to note that all custom duties and taxes due on the stored goods only need to be paid or cleared when the goods are ready to be shipped out from the custom bonded warehouse. If goods are exported directly from the warehouse, no custom duty is payable. Custom Bonded Warehouses double up as regular storage for locally procured domestic goods for further processing.
Custom Bonded Warehouses offered by Emiza as part of is logistics services provide a variety of benefits which make custom bonded warehousing the go-to choice for importers and exporters:
Custom Bonded Warehouses securely store goods by exporters and importers until they can identify the correct market to sell these goods. Emiza offers a container pickup and returns facility to and from the port, which takes away the unnecessary travel and allows businesses and importers to develop long-lasting and mutually beneficial relationships with trusted partners like Emiza
Goods are stored in a customs bonded warehouse until companies or businesses are in a position to sell or ship these goods to the next or final destination. It is important to remember that neither is customs duty owed until this time, nor do any extra charges need to be paid on these goods. Not only does this help importers save money, but it gives them more time to complete the legal formalities necessary to import the goods into the country.
Goods are stored in a Custom Bonded Warehouses until companies or businesses are in a position to sell or ship these goods to the next or final destination. It is important to remember that neither is customs duty owed until this time, nor do any extra charges need to be paid on these goods. Not only does this help importers save money, but it gives them more time to complete the legal formalities necessary to import the goods into the country.
Custom Bonded Warehouses securely store goods by exporters and importers until they can identify the correct market avto sell these goods. Emiza offers a container pickup and returns facility to and from the port, which takes away the unnecessary travel and allows businesses and importers to develop long-lasting and mutually beneficial relationships with trusted partners like Emiza
Restricted goods imported into the country require more paperwork and legal documentation than regular conventional goods. Thus, the perfect solution to store this type of goods is in a customs bonded warehouse from Emiza. Customs bonded warehouses from Emiza allow importers to store restricted goods for up to 5 years while ensuring and getting approvals on the proper documentation needed. These prohibited and sometimes dangerous goods are stored in locations far from the city’s residential areas, which protects residents living inside the city limits and are safe from any potential harm.
Restricted goods imported into the country require more paperwork and legal documentation than regular conventional goods. Thus, the perfect solution to store this type of goods is in a Custom Bonded Warehouses from Emiza. Custom bonded warehouses from Emiza allow importers to store restricted goods for up to 5 years while ensuring and getting approvals on the proper documentation needed. These prohibited and sometimes dangerous goods are stored in locations far from the city’s residential areas, which protects residents living inside the city limits and are safe from any potential harm.
Most Custom Bonded Warehouses from Emiza are close to either an airport or a seaport providing convenient access for transportation and shipment of these goods, which goes a long way in increasing the market’s potential size for these goods.
Partnering with Emiza will guarantee the following: