Custom brokers or Custom House brokers are working positions which can be hired by or associated with shipping lines, freight forwarders, importers, retailers, or independent traders, as well as companies involved in the importing and exporting of goods. They assist both companies and individuals in the process of importing or exporting, including customs clearance.
The role of a custom broker is to provide advice on the import and export regulations which govern their respective fields. These laws differ widely between countries and jurisdictions. Some of the main duties of a custom broker include processing applications for the importation of goods into a country or jurisdiction and assisting companies or individuals in the preparation of import documentation.
When hiring a custom broker, you need to carefully consider his experience, expertise, qualifications, and industry credentials. A reputable and experienced custom broker will be well versed with international trade, customs law, and the customs-related responsibilities. He will also be familiar with the rules and regulations applicable to the specific country or jurisdiction he works in. In addition, he will have ample knowledge of the specific legal requirements of the importing and exporting industry, including tariffs and other restrictions.
Some customs brokers also have experience working in a multinational company, particularly if they had served as an assistant to a manager for a year or more. However, the most sought-after positions are those held by those who were formerly employed in a company or corporation engaged in the import and export industry. In order to succeed in this field, one should possess a combination of education, technical skills, knowledge, and experience.
To begin your search for a good customs brokerage broker, you need to decide which type of broker you want. There are those who offer both domestic and international brokerage services. The types of brokers that offer services at both national and international levels depend on the size and nature of the company.
In the United States, there are several well known, established firms that provide both international and domestic brokerage services. For example, WL International Inc. is an internationally recognized brokerage firm which offers international brokerage services. These services include customs clearance, financial reporting, and importations and exports. For the United States, WL International provides comprehensive services for clients across a wide range of industries, including automobiles, petroleum refineries, construction, medical equipment, aerospace, electronics, and pharmaceuticals. They also provide services to clients from all countries around the world.
Another international firm that provides both domestic and international brokerage services is GSI International. GSI International is an Australian company and is one of the largest import and export companies in Australia. Their services include import and export, customs clearance, financial reporting, and cross-licensing. They are located in Sydney, Australia, and their website provides extensive information on their international and domestic brokerage services. They also provide an extensive library of information about the import and export industries.
There are a number of other smaller and newer import brokers that provide import brokerage services, including Freight Central, Inc., which provides services to a number of businesses both large and small. Freight Central also has a website that provides extensive information on the company.
Another international brokerage firm is BK International Trade Consultants Inc. The website of this firm provides an online broker locator and detailed information on international trade services. This firm also provides international brokerage services as part of a package deal.
It is important to understand what type of international brokerage services are available to you before you select a brokerage firm. For example, it is important to understand the services offered in each country. This includes the types of licenses required, the amount of investment capital required, the process involved in licensing and maintaining a license, and the length of time it will take to obtain and maintain a license.
Finally, when selecting a brokerage firm, you should also consider how long the firm has been in business. If the company is relatively new and still growing, it may not be in the best interest of you to choose an establishment without a very long track record of success.