| Item | Details |
|---|---|
| Agency | Singapore Customs |
| Applicant access | UEN-registered businesses with Corppass |
| Processing estimate | 2-3 months upon submission of full documents |
| Validity | Annual fees apply. Type I: Standard; Type II: Intermediate; Type III: Enhanced or Premium. |
Scope and eligibility
LW keeps dutiable goods under Customs control with duty and GST suspended. Local release triggers duty/GST, while export or sale within the warehouse follows the stated suspension treatment. Types I, II and III require progressively higher controls and TradeFIRST bands.
Application steps
- Verify GST and Customs registration and secure storage procedures
- complete TradeFIRST self-assessment
- submit business, financial and premises records
- provide any required security and complete Customs assessment.
Documents to prepare
- BizFile
- three years of audited accounts
- stamped layout showing address, entrances/exits and security
- title/tenancy
- other evidence.
Fees and validity
| Fee item | Published amount |
|---|---|
| Potential or average monthly duty up to S$1m | S$3,480 annually from 1 Jan 2025 |
| Above S$1m and below S$10m | S$5,570 annually from 1 Jan 2025 |
| S$10m or more | S$21,000 annually |
Annual fees apply. Type I: Standard; Type II: Intermediate; Type III: Enhanced or Premium.
Important details and examples
The main eligibility section estimates three to four months, while the sidebar states two to three: confirm the plan with Customs. Maintain records, report next-day discrepancies and use permitted transport without unauthorised detours. Incorrect declarations or unlawful removal can result in substantial fines or imprisonment.