Introduction:
Exporters in Bangladesh can significantly reduce costs and improve efficiency by using bonded warehouses — but many don’t fully understand how the system works.
What is a Bonded Warehouse?
A bonded warehouse is a facility approved by Customs where you can store imported raw materials without paying duties or taxes — as long as the goods are used for export production.
Key Benefits for Exporters:
- Duty-Free Imports of raw materials
- Improved Cash Flow as duties are deferred
- Legal Protection under the Customs Act
- Easier Compliance for large export orders
Who Can Apply?
Garment manufacturers, footwear factories, leather product exporters, and similar export-oriented businesses are eligible.
Conclusion:
A bonded warehouse license can reduce your production costs and make your business more competitive globally. Need help? Tax Care specializes in bonded warehouse licensing and compliance.
