Understanding Importer and Exporter of Record Services in International Freight Forwarding
When dealing with global trade, understanding terms like foreign importer of record , IOR importer of record , and exporter of record is crucial for smooth transactions and compliance. These terms play a vital role in the international freight forwarding process, ensuring goods move across borders efficiently. This blog breaks down these key concepts and highlights the importance of services like freight forwarding to Canada , delivered duty paid Canada , and white glove delivery services in international logistics. What is an Importer of Record (IOR)? An importer of record is the entity responsible for ensuring that imported goods comply with the laws and regulations of the destination country. The IOR importer of record ensures that all customs duties, taxes, and fees are paid and that the shipment adheres to the relevant import requirements. They are also accountable for filing necessary documentat...