If you do not sell your goods within several weeks of obtaining them. You will have paid the import duty and VAT up front on all your stock. By using our bonded warehousing facility you can avoid paying this for a considerably longer period of time.
Customers can take the opportunity to purchase their goods in bulk when exchange rates are favourable as they will not need to pay any import duty or VAT until the goods are moved from our premises.
Bonded warehouses give importers flexibility. If they are unable to get a good price for their products domestically, or they can’t sell any at all, they can sell them for re-export without having to worry about the duties which would already have been paid.