Licensing is a long process and you must give your organization the proper amount of time to plan for the time it takes to get the necessary approvals in place. There are a lot of questions you should answer as soon as possible for your compliance professional to help them obtain the needed authorizations in a timeframe that still allows your organization to be competitive. Your compliance professional must be able to answer these questions in the application process. A failure to provide full disclosure and all the details of your program may result in your application being rejected.
- When is your contract due?
- Commodity — What are you exporting?
- Quantity — How many?
- Value — What are the costs from the contract or purchase order?
- End-user information — Who are you exporting to (provide all end-user information including a street address)?
- Purpose or end-use — Why are you exporting?
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