Dealing with customs compliance: Seek professional expertise!

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The impact of the ongoing Covid-19 pandemic is evident in almost every sphere of life. For businesses in certain sectors, things have been turbulent to say the least, and we are settling into a space that’s likely to be the new normal. In the US, there has been a conscious effort in recent times to ease the flow of imports, which includes easing requirements for importers. Trade agreements are likely to evolve in months to come, and if you own an importing business, or plan to start one, this is the right time to seek expertise. You need to keep up with evolving trade agreements and customs compliance requirements, for which collaborating with a customs broker like is more than necessary. 

Simplifying customs process

Even before the pandemic, the whole process of clearing goods and shipments from customs was complicated. The paperwork, application of tariff codes, ensuring compliance, and keeping up with requirements involved considerable effort. Most importers, large and small alike, typically rely on customs brokers to get their work done. This is more important when you don’t want any shortcomings in customs compliance, which can mean serious fines and penalties. To be fair, it is too early to say how the pandemic will change the economic and trade relations between nations, but there could be serious changes that importers need to keep track of. 

Working with customs brokers

For a customs broker to work on behalf of your business, you need to sign up a power of attorney. While all customs brokers are licensed by the CBP, not every service out there is the same. Experience and expertise are two aspects that matter for comparing customs brokers. You want to be sure that a customs broker is capable of easing importing processes. Many of them have an automated system, and often, you can expect to get the process started in just 30 minutes. As long the documentation is done right, your shipments will be cleared easily from the CBP. A customs broker doesn’t need to be present at the port of entry to work for your business, and most of them deal with parcel, ocean, and air shipments, besides inland shipments. 

Beyond compliance, a customs broker can help with customs consulting, as well, where they guide your business on trade agreements, tax requirements, and other important aspects. While you don’t need a customs broker by law, having one for help always makes things simpler.