Secure Compliance, Unlock Customs Benefits
Approved Warehouse Bonds (Cover)
If your business stores imported goods in a licensed warehouse facility prior to clearance, an Approved Warehouse Bond is not just a formality—it’s a necessity. At Perennity Wealth, we offer tailored Approved Warehouse Bonds that ensure you meet SARS (South African Revenue Service) customs regulations with confidence and efficiency.
What Is an Approved Warehouse Bond?
An Approved Warehouse Bond is a financial guarantee issued to SARS on behalf of a company licensed to operate a bonded warehouse. It protects the revenue authority in the event that duties and taxes are not paid on goods stored under customs control.
This bond enables businesses to defer payment of customs duties and VAT while goods are in storage, improving cash flow and facilitating smoother trade operations.
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Not sure which cover option is right for you? We're here to help. Fill in the form below, and one of our expert advisors will get in touch to guide you through your options—no obligation, just expert advice tailored to your needs.
Who Should Get an Approved Warehouse Bond (Cover)?
Licensed Warehouse Operators
Entities authorised by SARS to store imported goods before customs clearance—these operators are legally required to have a bond in place.
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Importers Using Storage Facilities
Businesses importing goods into South Africa that are stored temporarily in bonded warehouses to defer duties and VAT until final clearance.
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Logistics Providers and Freight
Companies involved in the handling and warehousing of imported goods who must ensure that all customs obligations are adequately secured.
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Multinational Traders and Exporters
Businesses operating across borders that require bonded warehousing for trans-shipment, consolidation, or duty suspension purposes.
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How It Works –
Approved Warehouse Bond
(Cover)
Our Approved Warehouse Bond provides financial security and peace of mind, ensuring your mortgage is settled, even if you were to pass away. Here’s how our simple and efficient bond cover application process works:
1. Submit Your Warehouse License & Details
Share your SARS license and the specifics of your bonded warehouse operation.
2. We Structure the Right Bond
Our team customises a solution that aligns with your facility type, storage capacity, and transaction volume.
3. Get Bond Approval
We liaise with reputable insurers to issue your warehouse bond, ensuring all SARS compliance requirements are met.
4. Operate with Confidence
Once your bond is approved and in place, you’re cleared to operate as a licensed warehouse under SARS conditions.
Why You Need an Approved Warehouse Bond (Cover)
✔ Financial Security for Your Loved Ones – Ensures your family won’t have to struggle with home loan repayments.
✔ Protects Your Home Against Unforeseen Events – Covers outstanding bond payments in the event of death, disability, or critical illness.
✔ Peace of Mind – Sleep easy knowing your home is secure, no matter what happens.
✔ Flexible & Affordable – Choose a cover amount that suits your loan and budget.
Why Choose Perennity Financial Services For Your Approved Warehouse Bond (Cover)?
✔ Trusted Independent Advisors – We work with leading insurers to find you the best protection.
✔ Tailored to Your Needs – We help you choose a policy that aligns with your loan and financial goals.
✔ Expert Guidance – Our team will guide you through the process, ensuring you get the right cover.
✔ Hassle-Free Claims – We assist your family in managing claims smoothly when they need it most.
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Trusted by Thousands, Securing Your Future Instantly Through Approved Warehouse Bond (Cover)
At Perennity Financial Services, we’ve helped countless South Africans get the life cover they need—quickly, easily, and without the hassle of traditional medical underwriting. Our expertise ensures that you receive instant, digitally underwritten cover with no delays, no unnecessary paperwork, and no stress. Here’s what we’ve achieved for our clients so far:
Policies Issued Instantly
Rands in Cover Secured
Families Protected
Years of Industry Expertise
FAQ
What Is an Approved Warehouse Bond?
An Approved Warehouse Bond is a financial guarantee issued to SARS on behalf of a company licensed to operate a bonded warehouse. It protects the revenue authority in the event that duties and taxes are not paid on goods stored under customs control.
This bond enables businesses to defer payment of customs duties and VAT while goods are in storage, improving cash flow and facilitating smoother trade operations.
How much cover do I need?
SARS typically requires that the bond value matches the potential duties and VAT payable on goods held in the bonded warehouse at any given time.
Who underwrites the bond?
We work with leading South African insurers approved by SARS to issue customs-related guarantees and warehouse bonds.
Is this a once-off or renewable bond?
These bonds are generally renewed annually, subject to underwriting and SARS compliance checks.
What’s the difference between an Approved Warehouse Bond and a Customs Rebate Bond?
An Approved Warehouse Bond is tied to licensed bonded warehouses, while a Customs Rebate Bond applies to businesses that receive duty relief for imported goods under rebate items.
Secure Approved Warehouse Bonds
Let Perennity Wealth help you secure your Approved Warehouse Bond quickly and efficiently. Speak to one of our experts today and ensure your warehouse meets SARS requirements without delays.
Get the Right Cover For Yourself
Not sure which cover option is right for you? We're here to help. Fill in the form below, and one of our expert advisors will get in touch to guide you through your options—no obligation, just expert advice tailored to your needs.
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