If you’re a US importer, no matter the scale of your business, it’s more likely than not that Customs and Border Protection (CBP) will audit your operations and your transactional compliance at some point. They may look for a history of compliance errors, poorly defined and documented internal control procedures, or other red flags. It’s important to take it seriously. This is a process that should be handled with the same attention to detail and comprehensiveness as a tax/IRS audit. An unprepared importer can suffer greater penalties, up to and including the loss of import privileges.keep reading
If you’re new and about to start importing goods to the US, it’s always smart to do your research regarding both the country of export and the US. While the US is quite import-friendly, it does have relatively strict safety and quality controls.
Not sure where to start? Here are a few things to keep in mind.keep reading
Imagine speeding your way through customs. Believe it or not, as unattainable as it may seem to travel your way through customs at a respectable speed—especially post 9-11, and especially for new businesses—with time, patience, and the help of a qualified customs broker, you’d be surprised how simple it can be to maintain the flow and the success of your business.keep reading
Even though there’s no law that says you need to hire a customs broker to get clearance for your goods, there’s a reason so many do. The fact is, navigating import brokerage can be intimidating no matter who you are. Not only is there a lot to learn, but the information is always changing. To avoid a lot of stress and possibly penalties, you’d do well to realize you’re not alone in this process! The right customs broker can benefit your business and make your life easier in more ways than one.
Here are several real-life benefits of appointing a licensed customs broker:keep reading
Commercial customs brokers exist to facilitate international trade and to oversee your affairs with an efficient, effective, and hassle-free strategy in place.
Licensed by U.S. Customs and Border Protection, it’s a customs broker’s job to make sure that importers and exporters meet federal requirements for international shipments. They’re responsible for compliance with trade laws and regulations. They advise clients on proper procedures.
In more detail, here are five important things a customs broker can accomplish for you:keep reading
The Importer Security Filing (ISF filing) applies to all incoming cargo to the United States by Ocean Vessel. ISF filing was first introduced in 2009 and officially went into effect late in 2010. ISF was put in place for targeting and security purposes only and does not necessarily effect trade enforcement or admissibility of your cargo however US. Customs and Border Protection (CBP) will compare data filed with your customs entry to assess risk.
It’s basic knowledge that when you’re entering or returning to the US from a foreign country with goods you purchased or received while away, you need to declare them to Customs and Border Protection (CBP). Basic, right? The reality is that bringing goods into the US for resale can be quite complex, so it’s a smart idea to make advance arrangements with a customs broker to have your goods cleared through CBP. Your residency status, the country you’re coming from, how long you were away, what you bought or were given, the country where the goods were made, and the price paid for them all play a role in determining whether or not you’re eligible for an exemption, as well as how much it will be.keep reading
If you want your imports to see success in today’s global import marketplace, it’s important to understand the ins and outs of international trade—like knowing your way around customs clearance: entry procedures, admissibility requirements, classification, valuation, and the rates of duty and applicable taxes and fees for imported merchandise. Not exactly a walk in the park. Or, you can simply hand off all that stress to a qualified import broker, AKA a customs broker. They can navigate all of the above, and then some. They can help you make sense of endlessly changing regulations and understand specific information pertaining to particular import commodities.keep reading
Importing a motor vehicle into the USA can be a very daunting and less-than-straightforward process. There are a host of standards put in place by the US Environmental Protection Agency (EPA), the US Department of Transportation (DOT)/National Highway Traffic Safety Administration, and the US Customs Service, which your vehicle needs to comply with to make it to the other side. Additional state-specific rules may apply too.keep reading