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ADM5 For Office Use: Date application received: Date admin fee received : PO Box 12641 Central 6006 Fair haven Wood head Drive Hume wood Extension Tel 041 586 0156 Fax 041 585 8784 retire echo foundation.co.ZA

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What is custom bond company facility?

Custom bond company facility refers to a type of bond that is required by companies engaged in importing or exporting goods. It serves as a guarantee that the company will comply with all customs regulations and fulfill any financial obligations related to their international trade activities.

Who is required to file custom bond company facility?

All companies involved in international trade, including importers and exporters, are required to file a custom bond company facility. This ensures compliance with customs regulations and provides financial security for the government and other parties involved in the import/export process.

How to fill out custom bond company facility?

To fill out a custom bond company facility, the company needs to provide detailed information about their business, including their contact details, financial information, and the types of goods they plan to import or export. Additionally, they may need to provide supporting documents such as a business license, tax ID, and proof of financial stability.

What is the purpose of custom bond company facility?

The purpose of a custom bond company facility is to protect the interests of the government and other parties involved in international trade. It ensures that companies comply with customs regulations, fulfill their financial obligations, and provide a guarantee for any potential damages or penalties that may occur during the import/export process.

What information must be reported on custom bond company facility?

The information that must be reported on a custom bond company facility includes the company's name, address, contact details, financial information, types of goods being imported or exported, and the value of those goods. Additionally, any relevant supporting documents, such as licenses or permits, may also be required.

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