Bonded Warehouse

A bonded warehouse is a secure facility where imported goods are stored without paying taxes or customs duties immediately. These goods can remain there until the owner chooses to sell, export, or process them. The warehouse operates under customs supervision, ensuring compliance with regulations. This arrangement helps businesses manage cash flow and delays tax payments until the goods are needed in the market or shipped out of the country. Bonded warehouses are commonly used for valuable, large, or bulk shipments like raw materials, making logistics and import processes more efficient.