Importing and exporting businesses have a lot of things to deal with, from product manifests to customs clearance and other issues. Importing products into the United States means one has to know all about what can be imported into the U.S., the proper way to bring in merchandise, and how to deal with getting it through customs. Exporting goods requires different rules and regulations, but one thing remains the same: both require compliance and a full understanding of customs clearance rules, regulations, and law.
Customs clearance is required in the process of importing and exporting goods into or out of the United States. It involves a number of documents that need to be prepared and submitted, as well as the proper representation of the business entity during customs examinations, inspections, and subsequent required actions. They include duty payments and taking custody of the shipment or cargo from customs.
To give an idea of how much documentation goes into importing and exporting goods, some common requirements include:
Remember, each country has their own regulations and requirements when it comes to customs clearance. What’s more, customs clearance is only part of what goes into importing and exporting. For example, in order to conduct this type of business with or from the U.S., businesses are required to file customs bonds in order to protect any payments required by Customs and Border Protection (CBP).
Importing and exporting businesses are aware of the technicalities that are required to get goods in and out of the country, not to mention expenses and fees. Transportation, storing of merchandise, and dealing with customs all need to be handled with precision and care. If not, shipping costs can end up costing you thousands of dollars. That is not counting the cost that shipment delays can have on your business. In addition to losing money, trying to circumvent the customs process can result in having your license to do business revoked.
Our Customs Brokers Have the Experience to Help
When your business relies on the importing and exporting of goods, it is crucial to make sure you are following the letter of the law. Handling it yourself means learning the ins and outs of all areas regarding requirements of U.S. customs. Instead of risking the chance that you might miss something, your best option is to hire the professionals who have dedicated themselves to knowing every aspect of importing and exporting. At RM Customhouse Brokers, we have customs brokers who know exactly how to deal with all aspects and documentation of customs clearance. With over 60 years of experience, you can be sure your business is in good hands. Contact us today for more information about our services!