Bonded warehousing can be a valuable solution for companies importing goods into the European Union. It allows businesses to defer customs duties and import taxes while managing inventory according to their operational needs.
But how do you know whether bonded warehousing makes sense for your business?
At Nexline, we suggest starting with three simple questions. And to support your operations, our 10,500 m² warehouse in Villeneuve-d’Ascq, France, now operates under customs control, with a dedicated IM7 area.
1. Do Your Imported Goods Remain in Storage for More Than 4 to 6 Weeks?
When imported goods remain in storage for several weeks before being sold, paying customs duties immediately can put pressure on your cash flow.
Bonded warehousing allows non-EU goods to be stored under customs control without immediately paying import duties and applicable taxes.
As a result, you can defer these payments until the goods are released for free circulation in the EU, subject to the applicable customs and tax rules.
This can be particularly useful for businesses managing a gap between the arrival of their products and their sale.
2. Do You Re-Export Some of Your Goods Outside the European Union?
Some businesses import goods into the EU before distributing them to different markets, including destinations outside the European Union.
In this situation, bonded warehousing can offer an important advantage.
Goods stored under the customs warehousing procedure can be re-exported without incurring EU import duties and VAT, provided the relevant customs conditions are met.
The European Commission explains how customs warehousing works, including the options available when goods leave the warehouse.
For companies managing international distribution flows, this flexibility can make a significant difference.
3. Do You Pay Customs Duties and VAT When the Entire Container Arrives?
You import a full container, but you do not sell all the goods immediately.
Depending on your current customs arrangements, you may have to pay duties and taxes before the products generate revenue.
Bonded warehousing allows you to defer these payments while the goods remain under the customs warehousing procedure.
This means you can better align inventory releases with your commercial requirements.
The European Commission also provides guidance on import VAT and customs suspensive arrangements.
Nexline: 10,500 m² of Bonded Warehousing in Villeneuve-d’Ascq, France
Did you answer yes to any of these three questions?
Our bonded warehousing solution could be a good fit for your business.
Located in Villeneuve-d’Ascq, northern France, our 10,500 m² logistics facility now offers bonded warehousing, including a dedicated IM7 area.
This capacity allows us to support our customers with the storage and management of imported goods, taking into account their logistics flows and operational requirements.
At Nexline, we believe that every supply chain has its own challenges. That’s why we take the time to understand your business before designing a solution that fits.
Discover more about our warehousing and inventory management solutions.
Could Bonded Warehousing Improve Your Logistics Operations?
Every business faces different challenges when it comes to storage, cash flow and international distribution.
Bonded warehousing is not necessarily the right solution for every shipment. However, it is worth considering if your goods remain in storage for extended periods, if you re-export part of your inventory or if you want greater flexibility in managing customs duties and taxes.
The next step? Let’s review your logistics flows and explore how our bonded warehousing solution in Villeneuve-d’Ascq could meet your needs.
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