Why Exporters Should Use Customs Brokers
Posted on: 12 September 2016
The export business is very much different from the business operations that are carried out within a country's borders. As goods will need to be moved from one country to another, exporters are usually required to meet the customs laws and regulations put in place by the relevant countries. When it comes to providing documentation for clearing merchandise destined for export, exporters have two options: self-filing or the use of customs brokers. If you happen to be a new player in the export business, you may be interested in knowing which of these alternatives is best for you and your business. The following points will explain to you why you had better employ a customs broker to work for you.
They help you ensure legal compliance
Business laws differ by country, and compliance with these laws is key when you are moving goods across border. By assisting you in the preparation and submission of all paperwork needed to clear merchandise through customs, a customs broker acts as your partner in legal compliance. They will help in the classification of the goods, performing the role of a professional agent between your business and the government. They will also offer you advice regarding the laws and regulations governing the export of each type of goods so you can be better informed about international trade. This way, you will be able to avoid the delays and disruptions in business operations that may arise due to non-compliance issues. Also, you can avoid paying the legal fines and penalties that may be imposed as a result of the non-compliance.
They save you valuable time
Due to the complexities involved in ensuring complete compliance with customs laws, self-filing is an option that can take up a lot of your time. Having a professional acting on your behalf can not only save you invaluable time but also give you peace of mind and more time to concentrate on other key functions of your business. The time that you could have used up trying to ensure that goods have been correctly classified and that you physically submit all documents to the customs officials can instead be devoted to ensuring timely preparation of another shipment, for example. This way, you stand a better chance at increasing your sales and boosting profitability.
Look at the brokerage fee that your customs broker will ask for as a small investment that will go a long way in ensuring your business runs smoothly.
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