Customs and Border Protection (CBP) doesn’t require that company hire a customs broker to clear goods. However, this is the route that many importer go down for several reasons. The added convenience and efficiency is just one of the many benefits of hiring a broker. When you decide to use a brokerage firm you have a wealth of benefits and service available as well. Overall, using a broker can improving your importing is several ways.
Many importers decide not to use a customs broker because of the cost. However, this itself can be a costly mistake. Brokers possess expert knowledge in all aspects of customs. They are knowledgeable on the requirements, paperwork, fees, and laws governing importing and exporting. They are also licensed by the U.S. Customs and Border Protection to conduct CBP duties on behalf of importers. It is actually a large part of their job to remain up-to-date and all requirements, federal rules, and regulations. Taking this responsibility into your own hands may cost less than hiring a broker. However, the amount of time that goes into becoming this knowledgeable can be the costly part.
With a licensed expert filing all the required paperwork to obtain a CBP bond you can be sure to increase the speed of your business. Obtaining a bond is only one area they can provide assistance. They can help with a number of other requirements. This can include tariff classification, appeals and dispute settlements, customs valuation, refunds, payments of taxes and duties, and more. You can be sure to increase the accuracy of your import and export business with a qualified and knowledgeable expert filing all your paperwork. Not only that, you can be sure that a broker will secure passage through customs procedures much faster. They will also minimize the risk of loss while doing it all at the lowest cost possible.
Working with a customs broker is a great way to cut down on costly mistakes. The customs process is extremely tedious and very manual. Missing a specific step or required document can result in severe penalties.
Outsourcing importing to a customs broker has too many benefits to pass up. With increased efficiency and lower costs it’s a no brainer. Be sure to give us a call at RM Customhouse Brokers, Inc. to find out how we can help your business.