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IMPORTER OF RECORD
We assist by being responsible for the goods to clear the necessary import customs clearance process.
IMP RT
THE PURPOSE OF IOR
For an import transaction, you need an entity to be responsible for the duties or taxes and take certain ownership of goods. The buyer or receiver needs to clear these goods for import customs clearance.
Based on this, when MCGlobe becomes the IOR, we will take this ownership which makes us legally responsible for the goods.
THE PROCESS
01
COMMUNICATE WITH US
Contact MCGlobe for advice on importation matters such as, you or your clients is in need to ship an item to a third party country in which you do not have an entity.
PROVIDE DETAILS
Provide us with the following shipping details:
1. Pick Up & Delivery Address.
2. Weight, Dimensions & Number of Units.
3. Commercial Invoice & Packing List.
02
ADVICE FROM TEAM MCGLOBE
We will advice you on the relevant procedures and requirements needed. In addition, we will also provide a quotation based on destination duties, taxes and total freight cost.
03
DEAL FINALIZATION
Once the offer is approved, based on the required services and Incoterms, a deal will be made.
04
CARGO CLEARED
Our entity in the third party country will act as an importer and help to clear the cargo in customs for Duties & Taxes.
You will experience a hassle-free shipping service for your import process.
05
Explore Our Locations
Why do you need an IOR?
Customs Compliance: Shipping IT equipment internationally involves navigating complex customs regulations and duties. An Importer of Record (IOR) ensures compliance with these regulations, including proper documentation and payment of duties, reducing the risk of delays or penalties at customs checkpoints.
Legal Liability: The IOR assumes legal responsibility for the imported goods, including any liabilities associated with compliance issues or regulatory violations. This shields the buyer or consignee from potential legal ramifications, providing peace of mind during the shipping process.
Local Representation: In many cases, the IOR acts as a local representative in the destination country, facilitating communication with customs authorities and handling any issues that may arise during the importation process. This local presence streamlines logistics and enhances efficiency.
Risk Mitigation: Entrusting an experienced IOR with the shipping process helps mitigate various risks associated with international trade, such as unforeseen customs delays, shipping disruptions, or regulatory changes. Their expertise in navigating these challenges minimizes the likelihood of costly setbacks.
Speed and Efficiency: With a designated IOR managing the importation process, shipments of IT equipment can proceed swiftly and smoothly through customs clearance procedures. This expedites the overall shipping timeline, allowing the equipment to reach its destination in a timely manner.
Comprehensive Service: Beyond customs clearance, an IOR often offers a range of additional services, including freight forwarding, warehousing, and distribution. This comprehensive approach streamlines the entire supply chain, optimizing efficiency and ensuring a seamless shipping experience for the importer.
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