A certification for businesses engaged in global trade, granting customs simplifications, enhanced supply chain security, and a competitive edge by reducing clearance delays.
The transportation of goods via aircraft, ensuring fast delivery for time-sensitive and high-value shipments. It offers global connectivity, making it ideal for intercontinental trade and e-commerce.
An online platform that allows exporters to file Electronic Export Information (EEI), reducing errors in customs documentation and providing real-time shipment updates.
A fee paid to customs brokers for ensuring accurate documentation, streamlining customs clearance, and providing expert support in navigating trade regulations.
A secure storage facility where imported goods can be stored duty-free until sold or re-exported, allowing for customs inspections without leaving the facility.
A crucial shipping document that serves as proof of ownership, a contract of carriage outlining shipping terms, and a receipt confirming goods are loaded onto the carrier.
A government-imposed tax on imported goods, varying based on product type, trade agreements, and the country of origin, affecting overall import costs.
A vital trade document proving the origin of goods, determining applicable tariffs, and facilitating access to preferential trade agreements under Free Trade Agreements (FTAs).
Charges incurred when containers stay at the port beyond the free period due to customs delays or documentation issues, which can be minimized with efficient planning.
An Incoterm where the seller arranges transportation to the buyer’s location, while the buyer is responsible for import duties and taxes, reducing logistical risks.
A government authorization required for exporting controlled goods, such as dual-use items or military equipment, ensuring compliance with international trade regulations.
An Incoterm where the seller's only responsibility is to make goods available at their premises, with the buyer handling all transportation and logistics.
An entity managing export compliance, including necessary licenses, tax payments, and accurate documentation, ensuring smooth and legal international trade.
A service where a local entity assumes full import responsibility, ensuring compliance with customs regulations while facilitating global trade expansion.
An international accord that eliminates or reduces tariffs, simplifies trade regulations, and strengthens economic ties between participating countries.
A trade program that allows developing countries to export certain goods duty-free, promoting economic growth and reducing dependency on traditional markets
A set of globally recognized rules defining the responsibilities of buyers and sellers in international trade, clarifying cost allocation and risk management.
The legal entity responsible for customs compliance, ensuring all duties and taxes are paid while managing import documentation and regulatory obligations.
