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12

03/20

6 Conditions To Be Approved As Bonded Warehouses

VCN- According to Decree No. 68/2015/ND-CP from the Government, there're 6 conditions to be approved as bonded warehouses:
 
1- Places that wish to be recognized as bonded warehouses need to be in particular areas as prescribed in paragraph 1 of Article 62 of the Customs Law.
 
2- Bonded warehouses must be separated from the surrounding area by a system of fencing barriers, which meet the regularly test and check requirements of Customs offices.


 
3- A bonded warehouse must have a minimum area of 5,000 m2 (including the storehouse, yards and ancillary works), the storehouse area must be at least 1,000 m2 or more.
 
4- Specialized bonded warehouse yards have to be at least 10,000 m2, no requirement for a storage area.
 
5- A bonded warehouse must have software that meets the following criteria: Management of goods import, export, storage, record of what exists in bonded warehouses for each item, subject of purchase, customs declaration, ect.
 
6- A camera system must satisfy the following criteria: Observable to every position in the bonded warehouse and images must be captured at all times during the day (24/7); the data of the camera image must be stored for at least 12 months; the system must be directly connected to Customs management agency.
 
Source: Customsnews

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