If you are importing anything into the US for example, then you eventually have to deal with customs bonds. They are the guarantees and securities that an Importer of Record (IOR) will comply with the rules that govern the shipping of any given commodity. Moreover,...
VAT Rules for Importing Goods into the EU If you are importing goods into an EU country from a non-EU seaport, whether independently or through an IOR service, your goods will be classified as ‘imports’ and subjected to a fixed VAT rate. Understanding...
The Importance of IOR Services in Global Trade Are you planning to ship equipment to a new country but lack experience? Be prepared for bureaucratic delays and complications due to unfamiliarity with import laws and regulations. Import requirements vary widely between...
Importing and exporting stuff isn’t exactly a walk in the park. Every country has its own set of rules about what can come in and go out. And let’s be honest, trying to figure out all those rules for different countries can be a real headache. That’s why...
Canada has specific rules and regulations for importing commercial goods. All the seasoned Importer of Record IOR services for Canada comply with these rules to ensure clients’ goods and commodities can be imported and delivered to the concerned parties in the...
The difficulty in importing goods into the Philippines is the same as for any other Southeast Asian country. Many first-time vendors who have to import anything into the Philippines don’t know about the innumerable rules and regulations they have to take care of. In...
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