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FTWZ vs Customs Bonded Warehouse: Which One’s Right for Your Imports? 🤔
Warehousing decisions can make or break your supply chain. 🚛💨
And if you're dealing with 𝗶𝗺𝗽𝗼𝗿𝘁𝘀 & 𝗲𝘅𝗽𝗼𝗿𝘁𝘀, you’ve probably come across these two terms :
👉 𝗙𝗧𝗪𝗭 (𝗙𝗿𝗲𝗲 𝗧𝗿𝗮𝗱𝗲 𝗪𝗮𝗿𝗲𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝗭𝗼𝗻𝗲) 𝗼𝗿 𝗖𝗕𝗪 (𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗕𝗼𝗻𝗱𝗲𝗱 𝗪𝗮𝗿𝗲𝗵𝗼𝘂𝘀𝗲)?
Both have their perks, but which one 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 fits your business?
𝗛𝗲𝗿𝗲’𝘀 𝗮 𝗾𝘂𝗶𝗰𝗸 𝗯𝗿𝗲𝗮𝗸𝗱𝗼𝘄𝗻 👇
🟢 𝗙𝗧𝗪𝗭 (𝗙𝗿𝗲𝗲 𝗧𝗿𝗮𝗱𝗲 𝗪𝗮𝗿𝗲𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝗭𝗼𝗻𝗲)
✅ Duty deferment until goods leave the zone
✅ Ideal for re-exports & global distribution
✅ No time restrictions for storage
🔵 𝗖𝗕𝗪 (𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗕𝗼𝗻𝗱𝗲𝗱 𝗪𝗮𝗿𝗲𝗵𝗼𝘂𝘀𝗲)
✅ Store goods with zero upfront duty
✅ Perfect for domestic sales & imports
✅ Can hold goods for a limited period
𝗦𝗼... 𝘄𝗵𝗶𝗰𝗵 𝗼𝗻𝗲 𝘄𝗶𝗻𝘀 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀? 🤔
Drop a 🚛 if you’re Team FTWZ.
Drop a 📦 if you’re Team CBW.
FTWZ vs Customs Bonded Warehouse: Which One’s Right for Your Imports?
Unnathi Partners Private Ltd
Understanding FTWZ vs. CBW: Choosing the Right Option for Your Import Needs and Distribution Strategy. The article compares Free Trade and Warehousing Zones (FTWZ) and Customs Bonded Warehouses (CBW) to help businesses decide which is more suitable for their import needs. FTWZs offer duty deferment until goods exit the zone, are ideal for re-exports and global distribution, and have no storage time limits. CBWs allow goods to be stored with zero upfront duty, are perfect for domestic sales and imports, but have limited storage periods. The choice depends on whether the business focuses on re-exporting and global distribution or domestic sales and imports. (AI Summary)