Regulatory Basics

Imports
Licensed Customs Broker

 A licensed Customs Broker is usually the best person to handle import transactions. Duties for incoming items can become remarkably expensive and a licensed Customs Broker will understand the nuisances of when a duty is required and when it is not. Additionally, failure to properly file import paperwork and pay the correct fees and duties can result in very high fines for the organization.

Remember to include your compliance professional in transactions that involve imports and exports.