Definition
A bonded warehouse, or entrepôt sous douane, is a facility authorized by customs authorities where goods can be stored without payment of duties or taxes until they are released into the domestic market or exported. Bonded warehouses are often used to defer customs duties and taxes or to facilitate international trade by allowing goods to be held in transit or undergo processing or manufacturing operations before final clearance by customs.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.