Tips for New Importers and Exporters:
Navigating the U.S. Market
Entering the U.S. market can be a rewarding venture for international businesses. At Nexus Alpha USA, we’re dedicated to providing comprehensive consultancy to help you succeed in this dynamic market. Here are some essential tips for new importers and exporters to ensure smooth operations and compliance with U.S. regulations.
1. Understand Licensing Requirements
While U.S. Customs and Border Protection (CBP) does not require a general import license, other federal agencies might, depending on your product. Ensure you check the specific licensing requirements for your commodity and get the necessary permits. Local and state authorities may also require business licenses.
2. Familiarize Yourself with CBP Policies
The CBP website is a valuable resource for both new and experienced importers. Review the “Basic Importing and Exporting” section, which covers key topics such as import requirements, formal and informal entries, and restricted merchandise. For more detailed guidance, explore the "Informed Compliance Publications" and the "Importing into the United States" manual.
3. Contact CBP Offices
Before importing, reach out to the CBP office at your port of entry. Import specialists can provide advice on classification, duty rates, and filing entries. Prepare detailed information about your merchandise, including origin, composition, use, and pricing, to facilitate the process.
4. Use the Harmonized Tariff Schedule (HTS)
Consult the Harmonized Tariff Schedule for accurate classification of your goods. You can request a written ruling from CBP for the proper HTS classification and duty rates. This ensures you meet all compliance requirements and avoid delays.
5. Explore Exporting Resources
If you plan to export from the U.S., review the CBP’s Export section. For specific licensing requirements, contact the relevant federal agencies. The U.S. Department of Commerce’s Trade Information Center is also a valuable resource.
6. Consider Hiring a Customs Broker
While first-time importers may choose to handle entries themselves, hiring a licensed customs broker can simplify the process. Brokers are experts in navigating the complexities of import procedures and ensuring compliance with all regulations.
7. Comply with Importer Security Filing (ISF)
For ocean vessel shipments, comply with the Importer Security Filing (ISF) requirements, also known as "10+2." This mandates that importers submit advance cargo information to CBP electronically. Non-compliance can result in penalties and delays.
8. Understand Import Quotas
Certain commodities are subject to import quotas, which limit the quantity that can be imported during a specific period. Familiarize yourself with these quotas and how they might impact your shipments. Information on quotas is available on the CBP Quota page.
9. Be Prepared for Cargo Examinations
CBP has the right to examine any shipment entering the U.S. Be prepared for potential costs associated with these examinations, including transportation to Centralized Examination Stations and handling fees.
10. Utilize the Freedom of Information Act (FOIA)
If you need specific information from CBP, some requests may need to be made through FOIA procedures. The CBP website provides detailed instructions on how to submit FOIA requests.
For any general inquiries, contact the CBP INFO Center at 1-877-CBP-5511 or for international callers, 202-325-8000. Nexus Alpha USA is here to assist you in navigating the complexities of U.S. trade regulations. Contact us today for expert consultancy and support in expanding your business into the U.S. market.
