Temporary storage in Entrepot Warehouse!
When your goods cross international borders, temporary storage in a bonded warehouse is an important link in the logistic process. At ECC, we offer secure and regulatory compliant storage facilities that make your import and export processes seamless.
What is a Warehouse?
A bonded warehouse, also known as a customs warehouse, is a facility where goods can be temporarily stored without having to pay import duties and taxes immediately. These goods can be stored, managed or repackaged with customs duty deferred until they eventually reach their destination within the EU or for export outside the EU.
Types of Entrepots
There are different types of entrepots, each with specific characteristics:
- A public warehouse where multiple companies can store their goods.
- A private warehouse used exclusively by the licensed company.
- A facility in which goods are stored at another location under customs supervision.
European Customs Clearance can help you with
- Filing correct import declaration
- Verifying documents of origin
- Handling quickly and efficiently an import declaration that has fallen into inspection by customs
- Portbase notifications
- Imports limited tax representation
Related information.
Import declaration
Import declaration
If you are importing goods from a country outside the EU, chances are you will have to deal with Customs and file an import declaration.
Export declaration
Export declaration
Exporting goods from the Netherlands to foreign countries can be a lucrative venture, but it requires preparation and paperwork.
Transit declaration
Transit declaration
A T1 transit document is a customs document used when transporting non-EU goods from one customs post to another within the EU.
Fiscal representation
Fiscal representation
Import Limited Fiscal Representation is an arrangement whereby a company not based in the European Union (EU) appoints an intermediary to act on their behalf when importing goods into the EU.
Benefits of temporary storage in a bonded warehouse.
- Deferral of Taxes and Duties
By using a bonded warehouse, you can defer paying import duties and taxes until the goods are actually imported to the European market or transited to other countries. - Flexibility in Supply Chain Management
Warehouse storage offers companies more flexibility in managing their supply chain, as they can store, sort, or repackage goods without rushing through customs clearance. - Cost savings
Deferring customs duties and taxes can help improve cash flow and minimize storage costs, especially for goods that are not immediately resold.
How does storage work in a bonded warehouse?
Permit requirements
To use a bonded warehouse, a company must apply for a permit from customs authorities. This process requires accurate record keeping and compliance with customs regulations.
Management and Administration
Goods stored in a warehouse must be accurately recorded and tracked. This ensures compliance with customs legislation and facilitates smooth transit of goods.
Curious what we can do for you?
Glenn Bruynaers
Customs Documents