Today’s world is a global village. Consumers of goods and products can request products from any corner of the world. This allows for individuals, organizations, and companies to have various choices. They can now be choosier with regards to the specifications and other key requirements for their products. This is all rosy until it comes to the actual transportation and arrival of the products to the company. International trade has many complex regulations and requirements that must be adhered to. Each destination country would wish to control the quality of the products entering the borders as well as discourage malicious parties. Failure to adhere to said rules and regulations could lead to a lot of hurt for your organization. That’s why you need to hire an importer of record from IOR Africa.
Why? It is a good question you asked. This article will prove to you how invaluable an importer of record is important to your company.
Certification and documentation
The importation/exportation business deals with two or more countries with their unique system. For a good to move from one country to another, you must ensure that the shipment adheres to the regulations of both countries. An Importer of Record, also known as an IOR, is an international trade expert who is well versed with such. He or she will be able to obtain for you all manner of certification and authorization for your goods/products.
Taxation and other tariffs
This is yet another important role of an IOR. Depending on the type, size, and form of goods entering a country, you will be required to pay taxation. Also, the acquisition of certain permits will also require additional funds. The hiring of an IOR becomes an asset for your company as goods will be able to quickly be cleared and be moved.
Filing declaration forms
Customs and regulatory authorities will require certain forms to be filed with them. The IOR is officially the owner/purchaser of the goods or products. The IOR will file any pertinent documents and also will be responsible when it comes to answering any queries about the shipment.
International trade, logistics, and supply chain management can be quite a headache for any organization. Not to add, that is quite a risky business. Hundreds of thousands, if not millions, of dollars have been sunk into the company. And this is why hiring an IOR is a huge plus for your organization. You cannot afford for your shipment to be withheld at the border or point of entry. It may also lead to penalties charged to your company by the destination country. By hiring an experienced IOR, you can avoid all these problems and inconveniences. Our company has provided invaluable service to many clients all over the world. And we can do the same for you.