Your company may import goods into the country for a fixed period of time and there may be the need to re-export such goods to their final destination. As you may be aware, all goods imported into the country have to be taxed, and where the goods are not re-exported, it would mean loss of revenue to the State. Our Temporary Importation Bond guarantees to pay to the State the revenue lost as a result but up to the Bond amount.
©2024 GLICO General