Our transport and logistics providers in Sydney explain that a bonded warehouse is a secured warehouse facility that is covered by customs rules. Companies that export products, materials and items abroad commonly use bonded warehousing facilities to store their products. Using this kind of warehousing facility is an optional service but businesses that would like to ensure that their products are safely and legally delivered to their customers.
There are more reasons to use bonded warehousing and these include:
Tax benefits: In a bonded facility for storage the payment of duty taxes on various goods are deferred until these have been removed. Our container transport company in Sydney explains that when your products or goods are stored in a bonded warehouse, the warehouse manager will provide you a bond. This bond guarantees that there is no loss of revenue supposing these are released from the bonded warehouse.
Security: Bonded warehouses are also safe and secure, accommodating all types of products, goods and materials. Traders will save money in the long run since taxes are deferred; if the products are meant for re-export, duty is then not expected to be paid.
Logistical benefits: Most bonded warehouses are affiliated with freight forwarding companies such as our container transport company in Sydney and therefore deliveries, logistics, distribution and warehousing are rest assured.
Affordability: Bonded warehouses have special packages for customers and if you are using an all in one logistics and warehousing partner then expect more efficient and more affordable packages. Usually it starts with a complete evaluation of your warehousing needs as a business and the rest follows.
Here at WSI, our container transport company in Sydney is proud to operate a state of the art, quarantine approved, under bond facility. To find out more about our under bond services in Sydney, contact WSI today.