IOR - Importer of Record: Key Role in Global Trade

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In international shipping and logistics, an Importer of Record (IOR)[/b] is a designated entity responsible for ensuring that goods comply with local import regulations and customs laws. The IOR handles tasks such as filing necessary documentation, paying duties and taxes, and ensuring that the imported goods meet all regulatory requirements. This role is critical to avoid legal issues and ensure smooth customs clearance for businesses engaged in global trade.