Exporter Of Record (EOR)

The Exporter of Record (EOR) can be the seller, manufacturer, or any party involved in the export transaction who assumes responsibility for ensuring compliance with export regulations. It can also be a designated agent or a specialized third-party service provider. The EOR is typically the party actively managing export documentation, licenses, and regulatory requirements, ensuring the lawful and smooth exportation of goods from one country to another.

The shipper is responsible for physically packing and arranging the shipment for transport. They prepare the goods, handle packaging, and coordinate logistics. On the other hand, the exporter is responsible for complying with export regulations and documentation, ensuring the legal exportation of goods. The exporter manages export licenses, declarations, and regulatory compliance. While the shipper focuses on the physical aspects, the exporter handles the legal and regulatory aspects of exporting goods.

The Exporter of Record (EOR) structure refers to the organizational framework responsible for overseeing the exportation process. It involves managing compliance with export regulations, handling documentation, and assuming legal liabilities. This structure ensures a systematic approach to the export process, aligning with international trade standards.

Export Compliance refers to adherence to regulations, laws, and standards governing the exportation of goods. It involves ensuring that exported items comply with the laws, trade restrictions, and international agreements of the destination country. Maintaining export compliance is crucial for businesses engaged in global trade, helping them avoid legal issues and facilitating smooth international transactions.