SERVICES

BONDED FACTORY CONSULTING

SEIN can help export companies to strengthen their competitiveness utilizing bonded factory system!

Despite many favorable benefits compared to customs refund system, many companies do not benefit from bonded factory system due to low awareness and utilization of the system. Hence, SEIN provides assistance and consulting services for the conversion of bonded factories. By analyzing import/export and logistics structure, we analyze the costs and benefits of switching to bonded factory according to the characteristics of each company, and propose the most efficient process. Therefore, companies can simplify the customs clearance procedures, and reduce financial burden.

What is Bonded Factory?

Bonded factory is a licensed bonded area by the head of Customs for manufacturing and processing of foreign goods and domestic goods as raw materials. Bonded factory system is one of the main export support measures in customs with the customs refund system.

Foreign goods brought into the bonded factory can be exported and imported after manufacturing and processing while the customs tax is reserved. Hence, exports can be promoted by easing the financial burden on companies, and simplifying customs clearance procedures to enhance international competitiveness of export goods.

Service Scope

  1. 01

    Analysis on actual benefits and customs tax reduction by operating bonded factory

  2. 02

    Consultation on acquiring license when switching to bonded factory

  3. 03

    Consultation on overall management of bonded factory