What is a Custom Clearance Broker?
Custom clearance brokers are much akin to the airport custom clearance officials that we are so used to today. Lose the stern, intimidating demeanor of the airport custom official and the fundamental principles of both roles boils down to the same. Custom clearance brokers are agents hired by either a company, or forwarding service, to act as the liaison between importer/exporter and the respective government agencies.
Custom clearance brokers are usually certified professionals, gaining their accreditation from their respective country’s customs department. Passing through airport customs might seem straightforward enough, but when it comes to handling millions of dollars’ worth in cargo, strict procedures and paperwork have to be meticulously filed beforehand. Custom clearance brokers are hence tasked with the responsibility of ensuring that their client’s shipment meets all the stated rules and regulations of the recipient country.
Why should you engage a Custom Clearance Broker?
Assured Hassle Free
Unbeknownst to the general public, each country has their own dictated standing order as to how goods are able to leave/enter the country. Licensed custom brokers are well versed in the regulatory dictations laid out by each country – tariffs, duties and electronic submissions are just some to name a few – and can assist their employer in achieving a hassle free transaction. Thanks to their mastery of the trade, custom brokers are also able to expedite the shipping process. Allowing for goods to be swiftly cleared, much to their clientele’s pleasure.
Comprehensive Market Analysis
Besides just addressing the legalities side of the house, custom clearance service providers are also able to provide employers with an in-depth analysis of the current market situation. Based on the information obtained, custom brokers are able to advise their clientele on the most cost effective way to transport their goods. One prime example would be the North-America Free Trade Agreement (NAFTA) which dictates that exporters/importers under this agreement will receive preferential trade rules. Custom clearance brokers are then able to leverage on this ruling to obtain preferential tariffs that in turn generate cost savings for their clients.
Why choose M&P International Freight?
At M&P International, clients can rest assured as all custom brokers employed by M&P International are licensed under the Singapore Customs Authority. All custom brokers with M&P International are experts in their own right, dedicated to providing their clients with the best service and effortless transactions. Being a world renowned organization, M&P International has long standing relations with numerous counterparts abroad. Thanks to this vast global connection, customs brokers in M&P International have unparalleled expertise in dealing with global custom regulations. With this knowledge, custom brokers in M&P can better advise their clients on the tariffs and duties pertaining to each market.
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