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In your search for a freight forwarding company, you come across numerous options. All of those freight forwarders offer several different services for import or export businesses. It is you who have to decide with which you should partner to handle the process of your import/export cargo. Hiring a logistics partner that offers IOR/EOR Services will be beneficial for you.
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Why To Contact A Freight Forwarder With IOR/EOR Services In your search for a freight forwarding company, you come across numerous options. All of those freight forwarders offer several different services for import or export businesses. It is you who have to decide with which you should partner to handle the process of your import/export cargo. Hiring a logistics partner that offers IOR/EOR Services will be beneficial for you. Before going ahead, I want to the services a little to brush up your knowledge. IOR stands for Importer of Record while EOR for Exporter of Record. The provider of IOR/EOR Services is a legal representation of your business to the country in which you export or import your goods. Such a provider carries out the entire process to facilitate the smooth run of your business operation.
Here are the reasons why you should go with such a logistics company: 1.Escape you from setting up your legal representation You will have to have a legal representative in the country you export or import your goods or outsource the service if you partner with a freight forwarding company, which doesn’t offer Importer/Exporter of Record solutions. Whether you setup a legal entity or outsource it in the country that associates with your import/export business, you need to invest extra money and time. That’s why you
should partner with the logistics company that offers a full package of services to facilitate your import/export business. 2. Simplify customs clearance A freight forwarder offering Importer/Exporter of Record Services has an extensive network of coverage across the world. Such a firm is ready to be your legal representative in more than one country. With the support of their experienced professionals, they are well-aware of import and export laws and rules & regulations of the countries in which they represent you. They are able to guide you during the whole process of import/export business in the country you export or import your goods. 3. Pay export/import duties and taxes on your behalf Working with a freight forwarding company, which offers Importer/Exporter of Record Solutions, makes you able to use the entire infrastructure for the storage and transit of your goods. On your request, such a company helps you in your product storage and inventory management. Besides, they do the payment of import/export duties, customs fees, and taxes on your behalf to keep your business operation smooth. They help you save money by avoiding you from several unnecessary expenses. Such a firm minimise your import/export time as per the law with proper documentation work. Summary A logistics company that offers IOR/EOR Services is your true business partner. Apart from managing the entire supply chain works, such as product storage, loading & unloading, and shipping, it assists you escape you from spending extra money on setting up your legal entity in different countries from where and to your import and export your goods. Backed by experienced and skilled professionals, such a freight forwarder simplifies your customs clearance and pays the expenses that come in your import/export business operations.