Ensure good documentation keeping for future reference and in the event of any legal action.Pass over responsibility for import and export costs, eliminating the risk of hidden costs.Provide means for storage before shipping, in secure warehouse facilities that integrate with your shipping process.Streamline the process of paperwork, providing you with a single contact to discuss required information and time frames.Simplify the entire customs clearance process using a wide network of connections throughout the industry.Eliminate the need for you to find legal representation in the destination country.Choosing an all-inclusive option in comparison with a sole EOR will: Freight Forwarders are overseers of the entire process, there to help support your business as it grows globally. With the process of moving goods abroad continuing to change and evolve, it pays to have an industry expert on your side. Benefits of Working With Freight Forwarder Offering Eor Services Additional guidance is expected to be released regarding this but, in theory, it takes away one benefit of working with international EOR’s and is a change businesses must consider carefully. Under the new regulations, EOR’s used by UK businesses must be based in the UK. It is important to remember that UK customs laws are changing come January 2022. This gives you the benefits of both roles – the support from start to finish and help to pass your goods through customs in the quickest and least troublesome ways. Many freight forwarders, including Radius Warehouse and Logistic Services, offer EOR and IOR (Importer of Record) services as part of their fully comprehensive packages. Freight forwarders are your voice within the global trade movement – they are there to find you the best rates, ensure you fill capacity on shipments and guarantee your goods the smoothest, safest and most reliable journey from your hands to that of your customers. As well as supporting cargo by ensuring it fulfils all international trade requirements, they can also provide storage, distribution and legal support throughout the entire process. Freight Forwarder Rolesįreight forwarders offer a wider scope of support when it comes to international shipments. They are required to make the financial compensation to the relevant party. It is also worth noting that in the event of damage or severe delay, the responsibility for remunerations lies with the EOR in question. As mentioned above, they are responsible for ensuring your shipment makes it to the designed destination without delay and safely. And, they also take on all the inquiries and requirements set in place by the customs office in the exportation country. If a shipment is delayed for any reason, it is their responsibility to solve the issue at hand to ensure the goods make it to their port of destination. They will also ensure that cargo leaves the designated port at the desired time.

Their main role is to organise, fill and submit the paperwork needed for export clearance. EORs RolesĪn EOR can be either an individual or a company. However, there are key differences between the roles of an EOR and freight forwarders, like the team here at Radius Warehouse & Logistics. Many terms used within international trade are interchangeable. They are industry experts, allowing them to answer any questions or queries that arise and take on the risks associated with ensuring goods reach their end destination with minimal delay. Because trade compliance is so complex with different levels that change and evolve consistently, these individuals are there to help navigate the field and ensure fines are avoided. They are in charge of everything from documentation to understanding the relevant laws and regulations for the countries in question. What Is an Exporter of Record?īy definition, an Exporter of Record is an individual who takes on the responsibility of making sure goods are exported successfully. In this guide, we’ll cover everything you need to know about the Exporter of Record, how it applies to your business and what the roles are under this term. And, with an abundance of terms and responsibilities, understanding the individual roles can be daunting. The international cargo movement is a complicated and ever-evolving market that brings continual challenges to those looking to grow their businesses. Under the new UK legislation for international trade, the Exporter of Record (EOR) must be based in the UK with a registered office or permanent place of business.

Eor exporter of record