Frederich Carlos, Negosentro | Regardless if you own an importation business, or just need to clear tons of imported goods from customs, you surely need a licensed and reliable customs broker to help you get through the import clearing process in timely and effective manner.
If you have not considered hiring one yet, you will only realize their if ever your shipments get stuck at the customs authorities’ holding area. You don’t need to be involved in such fuss to know the reason why hiring a licensed customs broker is more of a must than an option these days.
For the beginners, a customs broker is professional service provider which has specific knowledge and expertise on various customs regulations, which is crucial if one wishes to get hold of their import goods as soon as possible.
Aside from the expertise on the import clearing process, customs brokers can also help you in other areas which can make your import operation more efficient and successful. They have knowledge on harmonized customs tariff and various free trade agreements that can surely help you make significant cost savings on taxes, quotas, and tariffs depending on the country of your operations. They also are connected to government agencies relevant to your business and type of your import goods, and know the compliance requirements of each, helping you to bring in your goods in your local warehouse as legally and ethically as possible.
As an importer, it is your duty to enter your goods at their dutiable value — determining it according to the rules and regulations prescribed by law in your country. By hiring a licensed customs broker, you will be able to satisfy such prerequisites of the customs authorities, and upon compliance, the Customs will be able to release your import goods from the port of entry.
To better understand the role of a licensed customs broker, here are the key takeaways from the infographic below from Excelsior Worldwide Logistics which details the pros of having the assistance of a licensed customs broker in your importation business.
- Ensure smooth communication between your business and the government.
- Focus on core areas of your business.
- Save money.
- Save time and effort.
- Know the best option for your import needs.
- Help you reach new markets.
- Ensure that your business needs are met.
To learn more, check out the infographic below.