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2024/10/16
General

News Letter 022 How can EPE companies utilize external warehouses?

Thank you very much for your continued support.

 

This is a newsletter from Dragon Logistics.

 

Today, we will introduce the procedures for using external warehouses by EPE companies, which we have been receiving more and more inquiries about recently.

 

First of all, all materials, semi-finished products, and products owned by EPE companies are in bonded condition, so they are not allowed to be stored outside the factory without permission.

 

However, due to reasons such as a shortage of factory space, it is possible to obtain permission from customs and store materials as the property of the EPE company in warehouse space outside the factory.

 

There are two main methods.

 

  1. The EPE company prepares its own warehouse and operates it as its own warehouse after obtaining permission from customs.

 

  1. The EPE company uses part of a logistics company’s warehouse and entrusts the storage of cargo to the company after obtaining customs permission.

 

The advantages and disadvantages of each pattern are as follows.

 

The sensitivity of EPE companies to the use of external warehouses varies depending on the jurisdiction of the customs, but we store products of multiple EPE companies in our warehouse.

 

For customs procedures, we require a lead time of 1-2 months after securing warehouse space and preparing the necessary documents. (If the customs office with jurisdiction over the EPE is different from the customs office with jurisdiction over the warehouse location, it may take longer.)

 

If you require warehouse space in line with the expansion of production as the economy recovers in the future, please contact us as soon as possible.

Reference Provisions: Clause 10,  Article 26,  Decree 35/2022/ND-CP
Article 80, Circular 38/2015/TT-BTC

Warm Regards

For inquiry(Vietnamese, Japanese, English):marketing@draco.com.vn

Please check back number of our Newsletters to click here.

 

 

This newsletter is based on information provided by our company in accordance with the law and actual practice,
but we cannot guarantee that the same practice will be followed in all cases. Please understand and use this information as general information only.

Please note that we are not responsible for any actions taken by customers based on this information.

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