Why Choose Importer Of Record IOR Services?
When you choose our IOR services, we manage customs clearance and trade compliance end-to-end, ensuring a seamless process. With our expertise, you can easily reach multiple destinations, no matter the project’s complexity. Many clients have centrally procured equipment that needs to be dispatched to various locations.
Our specialized IOR logistics can deliver mission-critical gear directly to data centers, medical devices, Tech hardware, telecommunication setups, and E-commerce. Whether you’re an End-User, Value-Added Reseller, Distributor, or OEM, our IOR Customs service acts as the customs broker, facilitating customs brokerage for your goods. It’s uncommon for a traditional customs broker to take on the role of an IOR, making our services unique in this regard.
Tax Payments
Complete Import Compliance
Customs Clearance
Smooth and Efficient Trading
Importer of Record Responsibilities
When engaging in the importation of goods, adherence to the customs requirements of the destination country is essential. These requirements typically encompass the following documentation:
- Product Classification: This entails providing detailed information about the type and value of the imported goods.
- Import and Export Licenses: These licenses prove that you possess the necessary authorization to import goods.
- Permits: Specific documentation is required for certain import activities following applicable regulations.
- Fees/Taxes/Duties: To fulfill obligations related to associated fees, taxes, or duties, relevant paperwork must be completed.
- Power of Attorney (POA): This documentation designates a representative to assume legal responsibilities on behalf of the IOR provider when they are unavailable.
Industries Served
E-Commerce
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Still open questions?
An Importer of Record is a person or entity responsible for ensuring that imported goods comply with customs regulations, handling documentation, and paying applicable duties and taxes. They facilitate smooth import processes and ensure compliance with legal requirements.
The Importer of Record can be the buyer, seller, or designated party responsible for customs compliance and documentation during the import process.
The Importer of Record does not own the goods. It ensures compliance with customs regulations, documentation, and legally importing goods into a specific country, it acts as the official entity accountable for fulfilling customs requirements on behalf of the owner or consignee of the goods. It primarily focuses on managing the import process and ensuring adherence to relevant laws and regulations rather than owning the goods themselves.
The main difference between an Importer of Record and an Exporter of Record (EOR) lies in their roles and responsibilities. The IOR services actively manages customs compliance and documentation for importing goods into a country. In contrast, the EOR services actively handles customs requirements and documentation for exporting goods out of a country. The IOR focuses on imports, ensuring legal compliance and facilitating the smooth movement of goods across international borders. Similarly, the EOR concentrates on exports, actively ensuring compliance and facilitating the efficient exportation of goods.
On a DDP (Delivered Duty Paid) shipment, the Importer of Record is typically the seller or the party actively responsible for arranging and covering all import duties, taxes, and customs clearance for the goods being delivered
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What makes us special?
At Egypt IOR, we are dedicated to providing extensive customs services for international clients.
Services
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