If your business involves imported and exported goods, then there is no way to get around the provisions of customs clearance. You might be able to get your exports cleared on the destination ports of your own country. However, it is one heck of a task to get your things cleared on the overseas ports without the help of experienced Importers of Record (IOR).
In this topic of customs clearance for IOR/EOR we will help you in:
- How to Decide If Customs Clearance Should Be Outsourced to Importer of Record IORs / Exporter of Record EORs? Especially for IT Hardware Products such as Routers, Access Points, Servers, RAMs, Flash Storage, Hard Disks, etc..
- And Why You Should hire Importer of Record IORs / Exporter of Record EORs for Customs Clearance?
- And When to take care of Customs Clearance on your own?
When to Outsource Customs Clearance to IORs or EORs?
Here, we’ll discuss when to use Importer of Record (IOR) and Exporter of Record (EOR) services for customs clearance. Read more about The Advantages of Customs Clearance Services
1. Working With a Few Export/Import Declarations
If you have only a few import/export declarations, setting up an in-house customs department isn’t practical. Freight forwarders, Importers of Record (IOR), and Exporters of Record (EOR) can efficiently handle limited customs clearance tasks.
2. If You Are Offered a Collect Offer
Many Importers of Records IORs and Exporters of Records EORs put forward collect offers on a particular number of line items and import/export declarations. If that number matches with what you are operating with, then you should go to a professional Importer or Exporter of Record.
When You Can Take Care of Customs Clearance on Your Own?
For handling a large volume of import/export declarations, setting up an in-house team may be beneficial. However, conducting a cost analysis of cargo handling beforehand is still advisable.
You can also go for customs clearance on your own if you are shipping to countries that offer free customs clearance systems.
Benefits of Outsourcing Customs Clearance
There are multiple benefits of outsourcing your customs clearance to EORs and IORs.
- Dealing with imported and exported goods might not be your business’s core competency. You might experience administrative overburden by dealing with cargo clearance on your own. You can protect your business from that unnecessary and unproductive work by availing the services of Importer of Record IORs and Exporter of Record EORs.
- Customs laws are ever-changing provisions. A business can’t keep tabs on all the updates happening in custom laws all around the world if it doesn’t have relevant professionals.
It’s not necessary to have the same customs clearance IOR approach all the time. Keep in mind the overall profitability and administrative load while deciding what clearance option will turn out best for you.
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