Bonded Warehousing

Secure Storage & Deferred Duty Payments

You need to ship international goods, but you aren’t planning to sell your products immediately, and you’re not ready to pay duty on the merchandise.
In this situation, bonded storage may be the best option.
When you choose Cornerstone marine Services for your storage, you’ll get the peace of mind that comes with knowing your goods are safe and secure until you decide to export or withdraw them.
You can also rest easy knowing that we can handle all the steps necessary to get your merchandise from a foreign location. As a full-service freight forwarding company, we can work out shipping logistics, communicate with ports of departure and entry, act as a liaison between your business and necessary government entities, and make sure your goods receive customs clearance.
What are the Benefits of Bonded Warehouses? Keeping imported goods in a bonded facility can help you better control your finances and make sound long-term business decisions. Because you don’t have to pay duty when your merchandise, there is less pressure to make immediate sales in order to recoup the duty cost.
You can sit on your cargo until there is an increase in demand for your products, and then pay duty and withdraw the cargo from the warehouses. You can also actively search for a domestic buyer, and if you are unable to find one, you can export your merchandise.
© 2024 All rights received for Cornerstone Marine.