When thinking about the logistics solutions that are offered by freight forwarding companies, sea, air and land freight or warehousing are usually the most known ones. However, sometimes these end up overshadowing a service that is just as important and covers an essential part of the supply chain: IOR (Importer of Record).
The Importer of Record basically ensures the successful performance of every other stage in a logistics process. It consists on the entity or person responsible for making sure that all the goods being imported are appropriately documented and valued according to their final destination’s regulation, as well as paying the duties, tariffs and fees related to these goods. Each country has its different specifications regarding import services; therefore, in order to have a safe and smooth transition of cargo, you need to hire someone who understands about those peculiarities and is capable of handling them the right way.
Today’s posts will focus on the role of an Importer of Record in the Middle East. We intend to show you some of the functions that an experienced IOR, such as GCE Logistics, will assume in order to take care of the import of your goods from anywhere in the world to Middle Eastern countries. Check them out:
Perform compliance assessment
Just like every other destination, the Middle Eastern countries have their specific import regulations. The first role of an IOR company will be to ensure that the shipment complies with all the rules of its final stop, avoiding the delay of delivery caused by a potential misunderstood.
Simplify customs clearance
The customs clearance in Middle East can be long and difficult if the cargo’s documentation is not handled effectively. An IOR company will facilitate this process and avoid any risks.
Hiring IOR from a third party will save the customers in Middle East from having to establish legal entities in the countries that their shipment is being imported. This could cost a lot of money and give them much more work.
By understanding about Middle Eastern import laws and requirements, an experienced IOR Company like GCE Logistics, will be able to analyze your cargo’s documentation and determine everything you need to provide them to make it complete and correspond with the government’s regulations.
Take care of payment of duties and taxes
Besides saving money from having to establish a legal entity in the country of destination of the cargo, if hiring IOR service you won’t need to worry about handling any of the payments related to your cargo. The Importer of Record will also take care of that in the most cost efficient manner possible.
Provide storage and warehousing
Besides all the knowledge about the logistics market in the Middle Eastern countries, if you have a good company in charge of your cargo’s IOR, they will also have a complete infrastructure in these countries. In case you need temporary storage or warehousing services, those can all be integrated solutions.
Lastly, another role of Importer of Records is that they will keep all the documentation referred to your cargo’s shipment for the time stipulated as necessary by Middle Eastern Customs authorities. This will save you from having to worry about this and you will easily have access to those documents in case you need it.
At GCE Logistics, we strive to offer our customers integrated and custom solutions, aiming to comply with all their needs and save them from having to worry about anything related to their cargo’s shipment. As part of that, besides our many other solutions, GCE will also act as an Importer of Record. Our company’s IOR services cover more than 20 countries in the Middle East, Africa, Europe and Asia.