Customs Warehousing

Customs warehousing is a process allowing businesses to store imported goods inside designated warehouse facilities without immediately paying customs duties or taxes. This setup provides flexibility, enabling companies to delay processing, re-export, or sell the goods within the warehouse before customs formalities are finalized. It helps manage cash flow, reduces upfront costs, and simplifies supply chain logistics. When the goods are ready for their final destination, customs duties are paid, and the goods are cleared for entry into the local market. Essentially, it’s a legal way to temporarily store imported items with controlled customs procedures.