If you are storing alcohol or tobacco you will need a bonded warehouse. This may also be true for certain imported product types, or products imported from certain countries. A wet bonded warehouse generally covers alcohol and tobacco products. A dry bonded warehouse will cover everything else.
Putting imported products directly into a bonded warehouse enables the importer to pass the responsibility of paying the duty onto their customer or delay the payment of the duty until the product has moved on. This means that stock held in a bonded warehouse is not carrying the cost of duty whilst being held in stock.
Bonded warehouses are approved by the UK taxation and customs body (HMRC) in order to store imported goods or goods that are to be re-exported from the UK. Its website has details of processes and lead-times but it is important to note that you will need to complete paperwork, including where you intend to store, well in advance.
We ask our storage providers to specify whether they have bonded storage. Just specify ‘bonded’ when searching – the results will only be bonded warehouses. As we have less bonded warehouses than ambient ones, we suggest you search in a wide circle.