Tax duty bonds act as a guarantee to customs and excise offices that you will satisfy the local regulations and pay due taxes.
Atradius tax duty bonds are designed to help you to do business effectively. They simplify cross-border trading, improve logistics and can help reduce your expenses. They work by securing the performance of legal or regulatory obligations associated with imports, and guaranteeing payment arrangement and instalments to the tax authority.
Examples of tax duty bonds include:
- Customs bonds
- Excise bonds
- VAT bonds
No matter what your specific trade situation is, Atradius Surety works together with you to develop a surety bond solution that meets your needs. With Atradius tax duty bonds you can successfully trade your goods outside your place of origin and meet the import/export tax requirements of the different jurisdictions.