Top Three Benefits of Having an Importer of Record
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Importing goods is an intricate process. Navigating the complex web of customs regulations, local laws, and compliance requirements is no small feat.
No matter your business size, the time and resources required to ensure your goods reach your international customers securely and efficiently can be daunting.
That’s where an Importer of Record (IOR) can spare you the cross-border complications. Let’s explore the top benefits of having an IOR as you expand your global reach.
What is an Importer of Record?
The IOR is the owner of products imported into a country with accurate packaging, labeling, and documentation. While navigating customs is one thing, Brand Access takes it a step further by:
Making sure your imported goods are covered with adequate insurance
Assigning appropriate Harmonized System (HS) Codes to your products
Avoiding delayed or damaged goods through the customs process is a given with Brand Access. Our team uncovers the intricacies of insurance plans and HS codes so you can minimize risk and maximize profit.
Unlocking revenue with an IOR
As an IOR, Brand Access owns the entire process of ensuring imported goods have zero chance of being rejected at the port of entry in 50 countries. This is what you get in return:
Operational Efficiency: We streamline the process of customs clearance and international shipping, leading to faster delivery times and reduced warehousing costs.
Cost Savings: We ensure that you are paying the correct tax and duty amounts with an HS code analysis while taking advantage of available exemptions or reductions.
Avoid Fines and Penalties: We know the ins and outs of international regulations so you can spare the expense of potential fines – and the concern for legal repercussions.
Protecting your bottom line
As your lOR, our team of logistics experts can ease your mind about international regulations while amplifying your profit margins.
We’re your trusted guide on the journey from manufacturer to customer, threading a needle through product compliance, documentation prep, freight, and customs clearance.
The result? A global supply chain that’s as seamless – and profitable – as possible.
