Bonded Warehouse in Azerbaijan: Opportunities, Rules and Benefits
Bonded Warehouse in Azerbaijan: Opportunities, Rules and Benefits
What is a Bonded Warehouse?
A bonded warehouse is a special type of warehouse where goods are stored under customs supervision but remain temporarily without payment of customs duty. This system is one of the key tools of world trade.
Advantages
Financial
- Customs duty is not paid until goods are sold
- Improved cash flow
- Re-export possible without paying customs duty
Operational
- Goods can be split and sold in different batches
- Goods can be processed while in storage (some warehouses)
- Storage solution for full container importers
Types in Azerbaijan
Open type warehouses: Any importer can use; operator is a licensed company.
Closed type warehouses: Only for the warehouse owner's own goods; opened by large importers.
Storage Duration
In Azerbaijan's bonded warehouses:
- Standard: 3 years storage
- Extended: Longer with relevant permits
- On expiry: import, re-export, or destruction
Eligible Goods
- ✓Electronics, textiles, construction materials, equipment, consumer goods
Not eligible: Perishable food (requires special warehouse), hazardous materials (special permit), narcotics.
Trazeroad Bonded Warehouse Services
- ✓Placement in bonded warehouse
- ✓Inventory management
- ✓Document preparation
- ✓Re-export services
- ✓Customs clearance (when releasing to market)
Trazeroad Logistics
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