Bonded Warehouse

In imports, the special bonded warehouse regime is what allows storage of foreign merchandise in a customs warehouse of public use, dry port, and port facility of public use or mixed private use, with suspension of the import taxes.

The benefit of the Bonded Warehouse is the suspension of taxes over merchandise, being that these will only be paid when the merchandise is nationalized.

In order to enjoy the benefits of the Bonded Warehouse regime, the merchandise must be Imported with no exchange coverage, except those destined to export, and must be imported under the pre-paid freight condition. The latter requirement is a demand from the Brazilian central Bank.

The Bonded Warehouse provides several benefits to companies, such as strategic storage in national territory, in which the merchandise is available, payment of taxes as the merchandise items are nationalized, payment of taxes directly from the product’s end-buyers, etc.