A customs broker is a CBP-licensed logistics expert responsible for ensuring that a shipment meets all standards and regulations for the import or export of goods. They can assist with all necessary documentation, duties, taxes, and payments.
- 1 What is the main role of a customs broker?
- 2 How much money does a customs broker make?
- 3 What is the difference between a customs broker and a freight forwarder?
- 4 What services does a customs broker provide?
- 5 Why do I need customs broker?
- 6 Can I be my own customs broker?
- 7 Do customs brokers make a lot of money?
- 8 How do I become a certified customs broker?
- 9 How many licensed customs brokers are there in the US?
- 10 How do customs brokers work?
- 11 Do I need a freight forwarder and customs broker?
- 12 Can a customs broker be a freight forwarder?
- 13 How do I choose a customs broker?
- 14 Does FedEx do customs brokerage?
What is the main role of a customs broker?
A Customs Broker communicates with government agencies on your behalf and ensures documents, duty and tax payments, and other requirements related to the import or export of your goods comply with these regulations.
How much money does a customs broker make?
The average salary for a customs broker in the United States is around $70,530 per year.
What is the difference between a customs broker and a freight forwarder?
While freight forwarders act as intermediaries between a business and a transport company, customs brokers are an intermediary between a company and the customs department of the United States government. Freight forwarders cover a wide range of duties within the field of international transport.
What services does a customs broker provide?
Most importers engage the services of a customs broker or consultant who offers some or all of the following services:
- Customs valuation.
- Tariff classification.
- Customs clearance.
- Automated customs clearance through government-initiated programs.
- International trade consulting and facilitation services.
Why do I need customs broker?
The importance of a customs broker is felt when shipments get stuck at the customs authorities or at the Customs and Border Protection (CBP). The locally licensed Customs Brokers help in customs clearance for importers and exporters, thus reducing difficulty to work through the tons of paperwork.
Can I be my own customs broker?
To engage in the customs business, companies must have a broker license. This means that they have to employ at least one individually licensed officer, partner or associate. As a client, you grant your customs broker the authority to act on your behalf.
Do customs brokers make a lot of money?
Earn $9,000 More Than Customs Brokers While independent customs brokers made $55,000 in 2014, customs brokers earned average annual salaries of $46,000 the same year, according to Indeed. Independent customs brokers are more experienced than customs brokers, which is why they earn higher salaries.
How do I become a certified customs broker?
Steps to Becoming a Licensed Customs Broker
- You Must Be Eligible.
- You Must Have Knowledge of Importing.
- You Must Pass an Exam.
- You Must Submit a License Application and Pay Appropriate Fees.
- Your Application Must Be Reviewed and Approved by CBP.
- You Should Plan Six Months for Your Application to Process.
How many licensed customs brokers are there in the US?
According to Customs and Border Protection, however, there are currently about 13,000 active, licensed customs brokers in the United States.
How do customs brokers work?
A customs broker clears shipments of imported or exported goods. They are responsible for ensuring that the items meet all the regulations, laws, packing, and other requirements that are mandated by law. In addition, they must be certain that all taxes, fees, documentation, and other needs have been fulfilled.
Do I need a freight forwarder and customs broker?
No, you can complete the customs requirements yourself – there’s no requirement to use a broker. However, international trade is very complicated so many businesses choose to leave it to a customs broker because they have the expertise.
Can a customs broker be a freight forwarder?
Many freight forwarders can be customs brokers as well (or have access to brokerage services), but not every customs broker is a freight forwarder. Customs brokers focus on the import side of an export transaction.
How do I choose a customs broker?
Guidelines For Choosing The Right Customs Broker For Your Business
- Choose a Broker With Experience In Your Industry.
- Choose a Dedicated Customs Broker.
- Choose a Broker With Positive References.
- Choose an Approved Customs Broker.
- Choose a Broker That Can Handle Your Volume.
- Draw Up a Dedicated Contract.
- Shop Around.
Does FedEx do customs brokerage?
As one of the largest customs entry filer worldwide, you can trust FedEx to clear your shipments through customs. When you ship using FedEx Express services, expert customs brokerage is included (some restrictions apply). FedEx customs brokerage services include: Duty and tax calculation.