Business

What Are the Duties of Import Brokers?

Import brokers manage and supervise the importation of goods into a country.  A licensed person or company has critical knowledge of the rules and regulations concerning domestic imports. The representation of organizations relies on the assistance of registered import professionals to facilitate the process of clearing their imported goods.

Depending on the nature of the imported goods, appropriate documentation should be completed and presented on behalf of the organization.

Various charges vary depending on the nature of the goods. A well-informed importer knows all the legislation that applies.

Experts in the field can navigate the pool of changes in current regulations and enforcement-specific regulators related to these particulate products. It is important to work with an authorized individual who is familiar with all classification and evaluation procedures and taxes paid on imported goods.

As a client, choose an import broker qualified to give you the authority to manage your functions on your behalf.

An import broker can be an individual, partnership, association, or corporation licensed and regulated by the U.S. Customs and Border Protection (CBP) to help importers or exporters meet federal requirements.

They act as employees or associates of freight forwarders, independent entities, shipping companies, importers, exporters, and customs brokerage firms. They will submit the necessary information and appropriate payments to CBP on your behalf.

Here are some duties and responsibilities of import brokers:

  • Prepare and submit all necessary information to customs authorities. The information in question could be payment details such as source and destination, supplier, route, the intended use of the goods, and everything else, on your behalf.
  • Before submitting commercial documents, evaluate them to ensure they comply with regulatory requirements.
  • Classify goods properly so that duties and taxes can be accurately determined.
  • Act as a liaison between importer/exporter and all relevant agencies.
  • Ensure that goods meet the state requirements governing import.
  • Use their knowledge to help expand your business into new markets. For example, import brokers on both sides of a border can ensure that imports are delivered efficiently and without harm to customers.
  • Offer advice tailored to fit the unique needs and goals of your business. Every business has specific requirements. This is especially true for small businesses with low import volumes. A good broker will pay close attention to your unique needs to help you succeed.

Still confused? Feel free to call customs brokerage firms like Clearit USA at any time. They will guide you through the import/export technicalities with ease.