What is an Importer of Record (IOR) and IOR Meaning In Shipping

An Importer of Record is an individual who is responsible for ensuring compliance with all the state, local, and central laws at the time of import for a particular equipment.

The possibilities of global consistency infringement are limited with simple record keeping and negligible endeavors. In international trade, it is important to follow all the required documentation and regulations not just while seeking clearance from the customs department of the origin country but also when goods are imported into the destination country. An Importer of Record becomes a crucial part of the process to handle the global supply chain and ensure that necessary compliances are met at the time of import.

End-to-end Importer of Record (IOR) Services Solutions.

One Union Solutions is an experienced and reliable Importer of Record (IOR) that works with importers and exporters around the world. As an IOR service provider, we facilitate the distribution of technology equipment and many other high-value products globally while lowering costs and risks for our clients. Outsource your IOR, and EOR needs to One Union Solutions to ensure seamless customs clearance and trade compliance in and out of 170+ countries worldwide.

Why Should I Use a Professional IOR Service?

Mitigate all your Import-export risks.

Without becoming a customs compliance specialist you can focus on your business.
Fulfill client’s requests without taking on the risk and responsibility.
Tailored Solutions according to the needs
Seamless and easy to deploy the rollout in the international market.

Avoid Stuck Shipments and Importer of Record Responsibilities

Tech hardware is notoriously difficult to import in the IOR world. The dual-use nature of this gear makes it compliance-heavy with specific regulations and local laws imposed by the importing country. This is where One Union Solutions can add value to your global supply chain.

Our IOR service manages all the compliance documentation, adheres to import regulations, and clears your imported equipment through customs – all while you focus on your business.

Documentation

Providing for the correct and timely submission of all required import documents. The technical side encompasses the supply of classification information about the goods, like their country of origin, worth, and nomenclature of Harmonized System (HS) code.

Customs Compliance

Adjust customs rules and regulations of the destination country. This implies entering specific areas of obligations related to duties, taxes, and restrictions or prohibitions on some goods. 

Tariff Classification

Properly classify the imported goods, identify their Harmonized System code, and determine the appropriate duties and taxes. 

Payment of Duties and Taxes

In charge of paying import duties, taxes, and any fees involved in the release of the goods by the customs department.

Quality and Safety Compliance

Before allowing the imported products into the market, make sure that all these safety standards, labeling requirements, and other regulations of the destination country are met.

Record Keeping

Keep a proper record of all imported goods and importation-related documents. This is essential for audit purposes as well as it may be required by customs authority.

Communication with Customs Authorities

As the intermediary between the enterprise and the customs department, counter the bearing that the questions might have and provide the needed information. 

Product Compliance

Make sure that what you are importing respects any special rules or certifications which the country of destination demands.

Importer Security Filing (ISF)

Complete the Importer Security Filing (ISF) in accordance with the "10+2" requirement, which is an advanced information filing to US Customs and Border Protection (CBP) in the USA.

However, the nature of these duties will basically be in line with the specified rules and regulations of the destination country as well as the peculiar characteristics of the imported goods. The Importer of Record (IOR) performs a vital function of ensuring that the goods are transported in a seamless and legitimate manner between jurisdictions.

Compliance and Seamless Delivery from Start to Finish

Beyond IOR: Comprehensive Logistics Solutions for Your Global Supply Chain

Our IOR services go beyond just customs clearance. We offer a comprehensive suite of solutions to streamline your entire global supply chain, including:

Door-to-door white glove logistics management
Assistance with VAT/GST reclamation, payments, and reconciliations
Duty and tax optimization strategies
World-class technology for real-time tracking and visibility
Trading entity assistance for local legal compliance
Value-added services like installations, configurations, and in-country sourcing
Reverse logistics, inventory management, asset tracking, and IT Asset Disposition (ITAD) services

What is a Customs Broker?

An individual or firm licensed by US Customs and Border Protection (CBP) to act as an intermediary for importers and exporters in handling the sequence of customs formalities involved in the customs clearance and importing/importation of goods.

A customs broker helps you understand import/export requirements, prepare necessary documentation, and interact with customs authorities.

Did you know that

“Among EU Member States, the Netherlands was the largest importer of goods from the United States and Germany was the largest exporter of goods to the United States in 2023.”

“In 2023, the United States was the largest partner for EU exports of goods (19.7 %) and the second largest partner for EU imports of goods (13.7 %).”

Your One-Stop Solution for IOR & EOR

One Union Solutions takes upon its shoulders the responsibility of dispatching the consignment to the final consignee, who will go through the customs clearance.

Let us help you with these things:

Here is how the Importer of Record process works

What distinguishes One Union Solutions from the rest?

With One Union Solutions’ IOR services, shipping to other nations is hassle-free and doesn’t require the worry of compliance and legal issues or the establishment of a legal entity in the destination country. By handling everything, our staff ensures efficient procedures and reduces the possibility of delays, penalties, or other issues.

Industry Experts

Our team of professionals has the expertise that is needed in order to understand the complex rules and conditions imposed by various jurisdictions. We always keep tabs on any changes and cooperate closely with the authorities in order to be in line with the regulations.

Saving Time and money

One Union Solutions IOR features include import flow standardization, which makes the import process run smoothly and seamlessly. Legal issues will be dealt with by our team on your behalf, which means they will be saving your company precious time and resources.

One Union Solutions is your IOR Partner

From the biggest OEM to smaller businesses, we have experience working throughout the whole IT supply chain. Our extensive experience in compliance and our Importer of Record solution guarantee that we can successfully clear customs the first time around for your IT hardware. Import compliance is made simple with IOR services from One Union Solutions.

Ship your tech hardware around the globe with OUS today.

Frequently Asked Questions

What is an Importer of Record (IOR)?

An IOR is the lawful proprietor of the merchandise for customs purposes in the objective country. They take care of guaranteeing all import guidelines and consistency necessities are met during the import cycle. This incorporates errands like acquiring licenses, planning documentation, characterizing merchandise for obligation, and working with obligation installments.

Why do I need an IOR service?

On the off chance that you’re sending out products to a country outside a streamlined commerce zone and need to catch up on actual presence there, you’ll probably require an IOR. An IOR specialist organization is your in-country agent, taking care of customs freedom and guaranteeing the smooth import of your products.

What are the benefits of using a professional IOR service?

There are several benefits:

Reduced risk: IOR administrations limit import dangers and likely postponements or punishments due to resistance.

Focus on core business: You can zero in on your center tasks while the IOR handles complex traditions and conventions.

Satisfy client demands: Satisfy global shipment demands for your clients more clearly.

What's the difference between an IOR and a customs broker?

While both deal with imports, they have distinct roles:

IOR: Goes about as the lawful proprietor for customs purposes, taking care of consistency.

Customs Broker: An authorized proficient who works with the import/trade process for your benefit, exploring desk work and connecting with customs specialists.

What extra administrations could an IOR supplier offer?

Numerous IOR suppliers offer administrations past customs freedom, for example,

House-to-house planned operations for the executives.
VAT/GST assistance
Obligation and duty streamlining
Continuous shipment following
Exchanging substance help
Esteem added administrations (establishments, obtaining)
Switch planned operations and stock administration

How do I choose the right IOR company for my needs?

Selecting the proper Importer of Record (IOR) is required for prosperous teamwork. To make a knowledgeable decision, comprehend your requirements, including customs authorization and logistics. Study conceivable firms based on prestige and experience. Consider their network and qualifications, such as transnational reach and IT techniques. Assess client support quality, approximate pricing and contract periods to ensure translucency.

Hire One Union Solutions as we are competent in delivering you with the best and most affordable services and have all the qualities that we noted above that an IOR Service provider should have.

Services

Delivering exceptional service and supply chain solutions to our customers is our top priority. We are committed to meeting our customers’ needs promptly and reliably, regardless of time or location. Our focus is on providing seamless, efficient, and transparent service every time. We aim to execute flawlessly in everything we do to fulfill our customers’ expectations.