A customs broker (報關行) is a specialist who handles international import and export documentation for clients. They ensure full compliance with customs law and help clients avoid costly mistakes. They also keep track of changing laws and tariff rates.

One commenter argued that since brokers now file entry and declaration information electronically in ACE, they should be allowed to share data within their corporate entities. This would save time and money.

Expertise

International trade is governed by a complex set of laws and regulations. This is especially true when it comes to importing and exporting goods across the border. The process is time consuming and tedious, with numerous documents and e-forms to collect, plus a variety of taxes and duties that must be paid. Fortunately, customs brokers can alleviate the stress of import and export by handling all the necessary paperwork on behalf of their clients.

They are experts in the entry procedures, admissibility requirements, classification, valuation and the rates of duty and applicable taxes and fees for imported merchandise. They also assist in the submission of documentation, shipment tracking and resolving inquiries regarding customs clearance at the border.

Licensed customs brokers are also responsible for keeping abreast of changes in laws that cover international trade. They act as liaisons between the federal government and import/export firms. They also ensure that businesses comply with all regulations and guidelines governing international shipping, which is important for maintaining smooth customs clearance.

Licensing

If you’re considering becoming a Customs Broker, there are several things you need to consider. First, you must pass an exam. Once you’ve passed, you’ll need to apply for a license. The process can take months and includes a background check. Then, the application will be reviewed by a number of different agencies.

Every individual broker operating as a sole proprietor and each licensed member of a partnership that is a broker and every licensed officer of an association or corporation that is a broker must exercise responsible supervision and control (see SS 111.1) over the transaction of all customs business conducted on behalf of the licensee. In addition, each licensed broker must maintain originals of all records referred to in this part and in subpart F of this section within the United States.

Experience

Customs Brokers are licensed by the US Customs and Border Protection (CBP) to assist importers and exporters in meeting federal requirements governing international trade. Often working as liaisons between the government and companies, they help businesses clear goods through customs faster and more efficiently.

In addition to filing the necessary paperwork, they also know how to interpret CBP’s rules and regulations to ensure that all shipments comply with law. This is important because the fines and seizure of merchandise caused by incorrect paperwork or a lack of understanding can be costly for companies of all sizes.

Many brokers work as part of larger import facilitation businesses, which means they can handle the logistics for getting your items from the port of entry to their destination. This saves you time and money by having all of your third party import services handled under one roof. In addition, these firms have a network of reputable sureties that can cover any losses associated with imports.

Reputation

Choosing the best Customs Broker requires a great deal of research. You should start by asking others in your industry for recommendations. You should also consult online lists of top US Customs brokers. Each broker will offer slightly different services, so you should compare rates and services before settling on one.

Customs brokers are private individuals, partnerships or associations that are licensed, regulated and empowered by CBP to assist importers, exporters and other stakeholders in meeting Federal requirements for the entry of merchandise into the country. They are charged a fee for their services, and they must have expertise in the entry procedures, admissibility requirements, classification and valuation of merchandise.

They must have a high level of integrity and adherence to all applicable laws. Any negligence or oversight can result in costly delays, damage and revenue losses. They must provide accurate data and report any errors in accordance with specified time frames. They may also participate in the Customs and Border Protection’s (CBP) trusted trader programmes, as well as be approved to operate as an Authorized Economic Operator.