An Importer of Record (IOR) Number is a unique identifier assigned to an entity responsible for importing goods into a country. It streamlines customs procedures, ensuring compliance with local laws, and reduces delays by verifying the importing entity's credentials. This number is essential for smooth customs clearance and helps avoid fines or shipment hold-ups due to documentation issues.
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An Importer of Record (IOR) is a legal entity responsible for ensuring that imported goods comply with all customs regulations and laws of the destination country. Their duties include paying applicable duties and taxes, filing necessary documentation, and maintaining detailed records for audits. IOR services are crucial for businesses without a physical presence in the importing country, facilitating smooth and compliant international trade operations.
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