5 Reasons Why You Should Work with a Customs Broker
When you’re dealing in international trade, there are a lot of processes involved in moving your goods. As an importer, you need to understand the import rules and regulations while adapting to them as they change. Clearing goods through customs requires you to spend a lot of time, money, and effort mastering the clearance process.
However, this is not always possible when you’re in charge of a business and need to focus on growing and expanding your business. To ensure smooth operations, you need professional help from an expert who can handle customs clearance for you.
By working with a customs broker, you can save a lot of time and money. The complexities of navigating cross-border trade become easier when you’re working with an experienced professional.
A licensed customs broker can benefit you immensely and allow you to spend more time on important things that make a difference.
What is a Customs Broker?
A customs broker is an expert who specializes in customs clearance. They specialize in the laws, regulations, and tariffs of imported and exported goods. A licensed broker can assist you to clear your goods through customs without difficulties.
The customs broker will prepare the required documentation for taxes, payment duties, and other charges so that your goods are not held up during the customs clearance process.
It is hard to track all the changes in the requirements for documents needed for clearance and hence it is important to work with a customs broker. They are responsible for professionally preparing all documents and evidence so that your goods are not held or confiscated by the customs officer.
As a business owner, the last thing you need is to have your goods stuck at the customs clearance for not submitting the required documents.
5 Reasons Why You Should Work with a Customs Broker
If you depend on international shipments for your business, you need a customs broker to help you clear your shipments at the border for smooth operations.
1. Convenience of working with a single person
One of the biggest advantages of working with a customs broker is that you have one person to get in touch with for all your queries regarding customs clearance. You don’t have to deal with many government agencies for requirements for documents.
Instead, you can get in touch with your customs broker to know the documents required, the status of the shipments, and when customs clearance is expected.
2. Clearing goods without additional stress
There is no need to lose your mind over not submitting documents or feel the last-minute rush when customs demand more documents for clearing goods. There are a lot of things involved in clearing goods and it is extremely difficult to reliably manage the clearing process and focus on your business.
Save the time and additional stress by hiring a licensed and reliable customs broker who can give you peace of mind that your shipments will clear the customs process without delays.
3. Avoid unwanted costs and fines
Mistakes happen all the time in customs clearance. There are fines and additional charges for not submitting required documents on time and errors in submitted documents.
You can save yourself the additional costs and fines by working with a good customs broker. They will ensure that your shipments don’t get stuck at ports and will help you avoid overpaying VAT and duty charges.
4. Classification of goods
All products have their own classification and each classification has its separate duties and tariffs. A customs broker will have updated knowledge on all the classifications for products and help you to declare the correct classification for your goods.
For all products imported into the United States, the tariff is according to the classification of products set by the Harmonized Tariff Schedule (HTS). You can save the time and effort needed to find the exact classification of goods when you’re working with an experienced customs broker.
5. Stay up-to-date with the latest regulations
Customs regulations are different in different countries and they constantly change. An expert customs broker will be updated on the latest regulations and procedures when it comes to international shipping.
You will get the best information and guidance on complying with regulations and reducing tariffs based on the products you’re importing.
For example, if you’re dealing with food products and medicines, there are many regulation changes you have to constantly adapt to. These regulations are from organizations such as the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA).
A licensed customs broker will allow you to stay up-to-date with all the latest regulations and to stay compliant with your imports.
Whether you’re dealing with air freight or sea freight, you need a reliable customs broker who can clear your goods with ease and without delays.
You will save a lot of headaches when you’re working with a competent customs broker who can make the process easier and guide you to make the right choices for clearing shipments and reducing tariffs.