Regulations Governing the Establishment and Management of Bonded Warehouses Article 5

The establishment of the bonded warehouse shall fulfill the following conditions:1. Be a limited-liability corporation with a paid-in capital of at least NT$20 million. However, government, state-run enterprises or those approved by the Ministry of Finance may not have to fulfill this condition.2. Has acquired the approval that the building fitted out as a warehouse is equipped with anti-theft, fireproof, waterproof, ventilation, lighting, and other equipment that ensures the safety of the goods stored in the warehouse and an appropriate workplace to facilitate management by Customs.3. Be equipped with functional, 24-hour filming, and 30-day memory camera devices at the entry/exit which Customs may inspect from the film at will. However, a bonded warehouse located within the control area of a seaport or airport and made for storage of mass cargo or a single kind of cargo without package may not have to fulfill this condition when acquiring the approval of Customs.4. Has furnished the bonded warehouse with computers and associated network facilities to process the customs clearance, accounting affairs, cargo control, and other related operations by means of computer networks or electronic data transmission. However, bonded warehouses located within the control area of an international airport terminal and exclusively made for storage of passengers’ luggage or aviation supplies may not have to fulfill this condition.An exposed or outdoor storage site or area approved for the storage of goods through application pursuant to Article 22 shall be clearly separated from other areas in the vicinity; however, this provision does not apply to the exposed or outdoor storage site or area located within the control areas of international harbors or international airports.