IOR/EOR ensures faster, simpler, and more reliable importing/exporting worldwide. These specialized services act as your trusted partners, handling the intricacies of cross-border trade on your behalf. By understanding the crucial roles of IOR and EOR, businesses can streamline their operations, mitigate risks, and focus on core competencies.
Let’s explore how these services can be a game-changer for your global trade endeavors.
What are IOR/EOR Roles?
To manage and supervise import and export operations, IOR and EOR include some direct roles such as:
- Classification and valuation of the merchandise before the import.
- Overall review of the export processes.
- Compliance with the destination/source country regulations.
- Paying all the taxes upon an international trade.
- Presenting the specific declarations to government agencies.
- Prepared all the required documentation (certifications, permits, and authorizations)
Learn More about
Importer Of Record and Exporter Of Record Importance
To import and export any goods, it’s necessary to have an established business or a legal entity in the destination or source country. IOR/EOR can assume this role by taking responsibility for import/export processes and all subsequent taxes until the delivery is fulfilled. They are officially recognized by the governments as part of a shipment transaction.
Importer and Exporter of Record ensure compliance with all necessary regulations and statutes to deal with a new country. These services also enable customers to export warranty or replacement stock to other countries. With an extensive freight network worldwide, GCE Logistics can easily provide all these IOR/EOR assignments. Explore our Importer of Record Service
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