A bonded warehouse, renowned for its secure storage, allows for the deferment of customs duty payment until the goods reach their destination. Large distributors often seek this secure environment as their distribution center. While the usage principles may be similar, each country’s unique management regulations and incentives create comparative advantages to be considered in the decision-making process.
This helps to avoid potential unintended consequences regarding FTA eligibility, providing a sense of reassurance to the business owners, logistics managers, and import/export professionals.
