The importer of record (IOR) is officially noted by many governments as the owner or purchaser or representative of the products being imported into a destination country, ensuring total compliance with importation laws and regulation at destination, (EOR) exporter of record on behalf of customers to any destination.
IOR/EOR is Directly Responsible For:
- Paying duty/taxes upon importation.
- Filing specific declarations with various government agencies upon importation or exportation.
- Obtaining any licensing, certification and authorizations to export if required for a commodity; in many cases before exportation to the destination country location.
- Customs clearance.