A bonded warehouse is a secure, HMRC-approved facility where you can keep imported goods without having to pay VAT for the lifetime of the product remaining in the warehouse, which is up to 90 days. At GWS, bonded warehousing is a service we specialise in, with our location being just minutes from the Port of Immingham, your goods are in experienced hands from the moment they reach the dock.
What Is Bonded Warehousing and How Does It Work?
When goods arrive in the UK from overseas, they are usually subject to customs duties and VAT before they can be released into the UK market. A bonded warehouse changes that process entirely. The secure storage site, authorised by HMRC allows imported goods to be held for up to 90 days without paying VAT.
- Import - Your goods go directly to our warehouse, bypassing immediate customs duty payments.
- Storage - Goods are held securely under government regulation, with our dedicated security team on-site 24/7.
- Release - When you are ready to sell or distribute domestically, duties and VAT become payable at the point of release into the UK market.
- Re-export - If goods are being sent back overseas rather than sold in the UK, they can leave the bonded facility without any duty ever becoming due.
Who Owns The Goods in a Bonded Warehouse?
Ownership of the goods always remains with you, the importer. Storing goods in a bonded warehouse does not transfer ownership to the facility operator or to HMRC. What changes is simply the customs status of the goods, which are held under customs control until duties are paid, but your rights as the owner remain intact throughout. You can inspect, manage, and make decisions about your stock at any time.
What is The Difference Between a Warehouse and a Bonded Warehouse?
The main difference between a warehouse and a bonded warehouse is the customs status. In a standard warehouse, duties and VAT will have been paid upfront, therefore they have already cleared customs. Whereas in a bonded warehouse, customs duties are deferred until release, allowing you to store goods for 90 days before that financial commitment is made.
What Are The Advantages of Using a Bonded Warehouse?
For importers managing high volumes or high-value goods, bonded warehousing offers a competitive advantage. The benefits go beyond simple storage:
- Improved cash flow due to 90-day deferred import duties and VAT charges.
- Avoid delays and get your customs clearance paperwork right the first time and reduce the risk of goods being held up or sent back.
- A friendly team of customs specialists dedicated to looking after all of your documentation.
Customs clearance no longer has to be a stressful and long process, learn more on how it can benefit you and your business.
Why GWS Is a Trusted Bonded Warehouse in Immingham
At GWS, we understand that when it comes to high-value imported goods, trust is everything. Our Immingham facility operates with 24/7 staffed security and comprehensive CCTV monitoring across the entire site, so your stock is protected around the clock. Alongside our security provision, we have a fully trained team of experienced customs clearance experts based on-site, ready to handle all the paperwork and documentation that comes with importing goods into the UK. From arrival to release, every step is managed with care and precision. Your product is in good hands.
Interested in keeping your goods in a bonded warehouse? Contact us at GWS for more information, our friendly team is happy to help.
