Should you run a business where you frequently import and export goods, consider using a customs bonded warehouse for safe and affordable storage.
With a customs bonded warehouse, you can store your goods long-term without having to worry about upfront duty fees. You will have access to all your products as you would at any other warehouse, however, you can choose when it is appropriate to import or export the products.
This has been shown to be extremely efficient for businesses across the globe and can help you save big in the long run.
Save money with long-term storage, deferred duties
The biggest advantage of choosing a customs bonded warehouse is having the ability to store your products long-term without having to pay upfront fees. You can store your items for up to five years in a customs bonded warehouse without having to pay customs duties. You will only be required to pay the duties after the 5 years or when you decide to import the items before that date.
This gives you flexibility if you don’t intend to distribute the cargo right away and allows you extra time for filling out all necessary documents.
You have access to all of your goods
Although you may choose not to import your items right away, that doesn’t mean you can’t have access to them. In most cases, you will have the ability to access your goods when necessary to reorganize and repack and have them ready to go when you choose to import or export them.
This will be even more beneficial if you intend to important items a few at a time.
It’s ideal for international shipping
If you import and export items in both the United States and abroad, customs bonded warehouses are ideal. As stated above, you will have the flexibility to keep your items stored until you wish to import them, but you can also store items that may eventually be exported as well.
When you export items from the warehouse, you will not have to pay any customs duty fees, that is only required for imports.
If you’re interested in working with a customs bonded warehouse in Philadelphia, PA or the surrounding areas, we ask that you reach out to our team at American Supply Co.
We have over 24 years of experience in the customs bonded warehousing business and will make sure that your items are safe, secure and easy to access. We provide inventory control with web access for up to the minute inventory updates, status of inbound and outbound shipments, product invoices and more.
Should you have any questions about the services we provide or how we can help your business, we ask that you call us today at 215.739.2627.
