An Importer of Record is a legal entity registered in Indonesia that is responsible for all the documents and entry requirements for importing goods into the country. The Importer is registered under the Directorate General of Customs and Excise and has official licenses and permits to carry out import activities.
The reason for using an Importer Of Record in Indonesia is quite straightforward. You have the products, the importer of record has a legal entity registered in Indonesia, and the required documents.
To be more specific, an importer of record service provides the following
Business owners planning to import products into Indonesia independently should thoroughly understand Indonesia’s import and export, BPOM registration and distribution regulations, and licenses. And while it is common knowledge that a company must first set up a legal business entity in Indonesia before importing any goods, many have underestimated the procedure, paperwork, and time taken.
Establishing a trading company in Indonesia could take five months or longer. And it is only when the company is established, can the business move forward to secure an Import License via OSS.
Navigating Indonesia’s regulations can sometimes deter foreign companies from importing their products. An Importer of Record (IoR) is a legal service that enables companies to import products into Indonesia, through an import partner. Read on to get an overview of how an IoR works in Indonesia.
There are many benefits that come with using an Importer Of Record service, for both import companies and manufacturers in Indonesia.
Hassle-Free Global Logistics: Since importing involves more than one country, an importer of record will undertake local taxes and legal entry points.
Risk-Free: There are no custom risks of shipment delays and penalties for importers or manufacturers who do not have the required documents and import approval from the authorities.
While you focus on the core aspect of your business, Cekindo’s comprehensive product registration and import solutions can help you in the technical facets of starting a business in Indonesia. To find out more, please fill out the form below and an IoR expert will be in touch with you shortly.