What does Importer of Record Mean for Your Company?

In the industry of import and export of physical goods, the level of scrutiny and compliance is on another level. Points of access to a country (such as the ports, harbors, and airports) have and are being used by parties to smuggle things into various nations. To curb such acts and also hold people accountable, the United States of America introduced the Importer of Record. This title would be borne by a person who would be held responsible regarding compliance to local, state, and federal importation laws and regulations. It can be held by a company or a person. However, because of the advantages of operating as a company, it would be more prudent for you to operate as a company. Do you need to import something from China, Russia, or the Americas? So visit our website! So, what or who is an importer of record? The Importer of Record (IOR) is the owner of goods and products being imported into a particular country. It also can be simply the purchaser or goods broker. The IOR is tasked with ensuring that are the goods in his or her care are documented and also properly valued. Imported goods are usually… Read More