Legal Definitions - ENTREPÔT

Entrepôt (pronounced on-truh-poh) is a French word used in French law to refer to a building or place where goods that have been imported from another country can be stored without paying a duty. These goods can then be exported to another country from the entrepôt without paying a duty.

An example of an entrepôt is a warehouse located near a port where goods that have been imported from China can be stored. These goods can then be exported to other countries without paying a duty.

Another example of an entrepôt is a free trade zone, such as the Dubai Airport Freezone, where goods can be imported, stored, and re-exported without paying a duty.

The examples illustrate the definition of an entrepôt by showing how goods that have been imported from another country can be stored in a specific location without paying a duty. This allows the goods to be exported to another country without paying a duty, which can make them more affordable for consumers in the destination country. Entrepreneurs can use entrepôts to store goods and take advantage of lower tariffs or taxes, which can help them save money and increase their profits.