fathy ali

  exporter of record vs importer of record Focus:  Responsible for ensuring compliance with export regulations in the  country of origin . 1 Responsibilities: Ensuring all export regulations and laws are followed. 2 Accurately completing and submitting all necessary export documents. 3 Obtaining any required licenses or permits for the export. 4 Classifying the goods being exported. 5 Determining the correct value of the goods for customs purposes. 6 Mitigating potential risks associated with the export. Being prepared for potential audits by customs authorities. 7 Importer of Record (IOR): Focus:  Responsible for ensuring compliance with import regulations in the  destination country . 8 Responsibilities: Ensuring all import regulations and laws are followed. 9 Accurately completing and submitting all necessary import documents. 10 Paying import duties, taxes, and any other charges imposed by the destination country. 11 Classifying the imported goods. Ensuring ...