Yachting News » Business » Evolution Offers First Bonded Warehouse in the Balearics

Evolution Offers First Bonded Warehouse in the Balearics

Evolution is now offering the first bonded warehouse in the Balearics, located just 16km from the centre of Palma and the city's main shipyards. This service is now available to all our clients and agents within the yachting industry.

The new 2500m2 facility offers a solution for goods-in-transit and the storiage of high value shipments, without the worry of import taxes. 

Evolution bonded warehouse provides the following services and benefits:

  1. Items can be stored indefinitely in the bonded warehouse without payment of custom duties. Goods are stored until the client needs them to be imported into Spain, transported or shipped to another non EU country. This facilitates the re-exportation of goods without heavy financial expenditure because the imported goods intended for re-exportion are kept in the bonded warehouse.

  2. If you face a change of schedule, the imported goods can be held safely and securely until delivery to the vessel can be arranged.

  3. The importer may inventory, sort and repackage goods in the facility and minor repair works can be carried out on site with prior notification.

  4. The importer can execute the sale of goods or transfer the title of goods by endorsing warehouse receipts, enabling further savings.

  5. Goods kept in our bonded warehouse can be used as collateral security for bank loans.

Evo First bonded warehouse3
Once again, Evolution is one step ahead, this time improving your supply-chain efficiency and taking the headache out of storage and customs for goods in transit.

Please contact us for more information:

Email: info@evolutionagents.com 
Tel: (+34) 971 400 200

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