Archive by Tag eor blog
Piecing Together the Trade Compliance Puzzle
Introduction to Trade Compliance Trade compliance is an umbrella term that encompasses the conditions for all manner of trade between multiple countries. However, these conditions include training, classification, lending, determination of trade risk, and all relevant taxes and duties. Trade compliance is made further...
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What is the Harmonized Tariff Schedule and Why is It so Important
The Harmonized Tariff Schedule (HTS) was developed by Congress on January 1, 1989, for the purpose of replacing previous tariffs. However, the World Customs Organization (WCO) was responsible for its subsequent implementation. The WCO uses the Harmonized Commodity Description and Coding System (HS) to assign codes to...
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What is an Exporter of Record? Full Guide to EOR Services
In an increasingly global business environment, understanding what is an exporter of record is crucial. Your organization can be subject to several different rules and regulations across international borders. Therefore, ensuring the seamless transfer of goods from one country to another while staying compliant with local...
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