Third Party Importer of Record: Definition and 7 Benefits You Should Know

Corporate Secretary Service Indonesia – Importing goods into Indonesia requires specific licenses and compliance with complex regulations. Many businesses struggle to meet these requirements independently. A third party importer of record service provides a practical solution for companies without import permits. This service allows you to import goods using another company’s licensed credentials.

What is a Third Party Importer of Record

A licensed organization that manages customs clearance on your behalf is known as a third party importer of record. This service assumes legal responsibility for the process and serves as your shipment’s official importer. For your imports, the service provider handles all paperwork, tax payments, and regulatory compliance.

The Directorate General of Customs and Excise in Indonesia has registered these services. They have legitimate import permits and are well-versed in local laws. By using their experience, you can be sure that your goods will legally and smoothly pass customs.

Seven Benefits of Using a Third Party Importer of Record

Eliminate Business License Requirements

You avoid the complex process of obtaining import licenses like API-U, API-P, or NIB. The third party importer of record uses their existing permits for your shipment.

Handle All Import Types

This service works for various shipping methods including LCL, FCL, and air freight imports. You receive flexible solutions regardless of your shipment size or method.

Accelerate Import Process

Experienced providers clear customs faster than inexperienced importers. They understand documentation requirements and customs procedures thoroughly.

Ensure Compliance and Safety

Professional services maintain updated knowledge of Indonesian import regulations. They ensure your shipment meets all legal requirements and avoid compliance issues.

Read Also: What Is Import License API? Full Guide Every Importer Needs to Read

Reduce Costs

You avoid costs associated with maintaining import licenses and compliance teams. The service provides predictable pricing for customs clearance and related services.

Skip Company Registration Delays

Establishing a legal entity in Indonesia requires months of processing. Using a third party importer of record lets you import immediately without local company registration.

Minimize Risk

The service assumes liability for customs delays, documentation errors, and regulatory penalties. Your business remains protected from import-related risks.

How the Service Works

The third party importer of record manages your entire customs clearance process. They prepare and submit all required documentation to Indonesian customs. They calculate and pay applicable duties and taxes on your behalf. They handle communication with customs officials and resolve any clearance issues. They ensure proper record keeping for all import transactions.

Selecting a trustworthy supplier is crucial for import success. Seek out businesses that have a track record of success in your sector. Check the validity of their license and customs registration. Examine their history of handling comparable import shipments. Make sure they provide clear pricing with no additional costs.

Using a third party importer of record simplifies market entry for foreign companies. It provides immediate access to Indonesian markets without lengthy setup processes. While you concentrate on your primary business, the service manages intricate regulatory requirements. This method shortens your time to market and lowers your initial investment.

For businesses testing Indonesian market demand, this service offers flexibility without commitment. You can import goods without establishing a local entity first. As your business grows, you can transition to handling imports independently.

Making wise import choices is aided by knowing the worth of a third-party importer of record. This service offers workable answers to market entry obstacles and compliance issues. By collaborating with knowledgeable experts, you can minimize expenses and risks while ensuring that your imports satisfy all legal requirements.

So, don’t worry about developing your business by setting up a company in Indonesia, because Portcorp is here as a solution for your business, also when you need third party Importer of Record. Portcorp is your comprehensive corporate secretary service in Indonesia. With our presence, you can get a dedicated company secretary to support you to what you need. Our company secretaries will track deadlines and file paperwork so your business keeps running smoothly. Contact us now on +6221-5020-8090 for your business succeed in the future!