EOR Services in Sri Lanka

Make your global transportation easier with trusted EOR services in Sri Lanka. We will handle the regulations, and logistics so you can focus on your business.

Let us handle your export needs and reach out today for expert Exporter of Record services!

EOR Exporter of Record Services in Sri Lanka

Sri Lanka is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian peninsula by the Gulf of Mannar and the Palk Strait. Sri Lanka’s two main ports are the Port of Colombo and the Hambantota International Port

Exporter of Record (EOR) services of One Union Solutions in Sri Lanka simplify the issue of international trade by ensuring local regulations and global standards. For businesses looking to expand in sectors like the IT sector, medical equipment, aviation, and automobile parts industries, an EOR takes on the responsibility of managing the export process. An Exporter of Record makes the legal exporter on behalf of businesses, enabling them to avoid the need for a local presence in Sri Lanka. The EOR handles all needed export-related activities, including Sri Lankan export laws, the Harmonized System (HS) codes, and HTS Harmonized Tariff classifications for tariff purposes.

What Does an EOR Do in Sri Lanka?

The EOR is responsible for preparing and filing the necessary export documents, including commercial invoices, export declarations, export registers, and certificates of origin. Having the right documentation helps prevent delays and penalties, making the export process as smooth as possible. The EOR guarantees compliance with regional and international regulations, safeguards, and procedures, including importing goods using the appropriate HS codes and Harmonized Tariff Schedule (HTS) classifiers. Also, once businesses start working with IT, medical machinery, aviation, or automobile parts, the EOR provides them with industry-specific experience, taking care of the challenges of each sector individually. The offerings meet industry standards and trade regulations and offer tailored solutions to export seamlessly and effectively.

Why Choose EOR Services in Sri Lanka?

With Sri Lanka’s strict export regulations, particularly for sensitive products like medical equipment or IT goods, having an EOR ensures full with all required export laws. The EOR manages critical elements such as HS codes, HTS tariff schedules, and necessary certifications, providing businesses with peace of mind. Exporting from Sri Lanka can be challenging, especially for businesses unfamiliar with local regulations, but an EOR simplifies the entire process. They handle everything from documentation and customs clearance to delivery, allowing businesses to focus on their core operations. Additionally, the EOR offers flexibility in shipping terms, whether using DAP or DAPS, ensuring that goods are shipped in line with the preferred Incoterms, and helping to streamline operations while avoiding issues with international buyers.

Who Needs EOR Services in Sri Lanka?

IT sector: For businesses in the IT sector exporting hardware, software, or technology-related products, the EOR ensures export laws and HS codes, handling all documentation and customs requirements.
Medical Equipment: The medical sector is strict with both local and international regulations. The EOR makes these complexities, ensuring smooth export processes for medical devices, and equipment.
Aviation Industry: Exporting Automobile parts and tools for the aviation industry needs specialized knowledge of regulations and tariffs. The EOR ensures that aviation goods are shipped with international trade laws and HTS tariff schedules.
Automobile Manufacturers: Companies exporting vehicles, parts, or machinery need specific trade laws, including HS codes for classification and tariff schedules. An EOR ensures that automotive exports are handled correctly.

Conclusion

EOR Exporter of Record services in Sri Lanka offers an important solution for businesses looking to simplify their export process. If you’re in the IT sector, medical, aviation, or automotive sector, an EOR ensures that all export regulations, from export registers to harmonized tariff codes, ensure an easy and legal export experience. By working with an EOR, businesses can focus on growth and expansion without getting down by the difficulties of export regulations, and documentation.

Did you know?

Sri Lanka is the number 76 economy in the world in terms of GDP, the number 89 in exports.

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Frequently Asked Questions

What is an Exporter of Record (EOR)?

An Exporter of Record is a service provider responsible for all export-related activities with the laws and regulations of the exporting country. The EOR handles documentation, customs clearance, and export on behalf of the business.

Why would I need EOR services in Sri Lanka?

You may need EOR services in Sri Lanka for several reasons. If your business does not have a legal entity or physical presence in Sri Lanka, an EOR can act as your representative in managing the export process. Additionally, if navigating local export regulations and compliance requirements seems challenging, an EOR can provide the necessary expertise to ensure all legal obligations are met. Furthermore, if you want to avoid the complexity of managing export licenses, permits, and documentation, an EOR can handle these tasks on your behalf, simplifying the overall export process and ensuring smooth transactions.

What services does an EOR provide in Sri Lanka?

Typical EOR services encompass a range of tasks aimed at ensuring a smooth export process. The EOR acts as the legal exporter on customs documents, managing exports in compliance with Sri Lankan regulations. They are responsible for preparing and submitting all export-related documentation, including export licenses and permits. The EOR also liaises with customs authorities to ensure all procedures are followed correctly. Additionally, they facilitate the smooth shipment and delivery of goods to the destination country, handling all logistics and ensuring compliance at every step of the export process.

Can an EOR handle restricted or regulated items?

Yes, but it depends on the specific regulations governing the restricted or regulated items. The EOR must obtain the needed Approval and licenses for such goods.

Who can compliance with an EOR agreement in Sri Lanka?

The EOR assumes legal responsibility for ensuring that the export process complies with local and international trade laws. However, the business providing the goods must also ensure accurate product information and provide necessary documentation to the EOR.

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