What is an Importer of Record (IOR)?
An Importer of Record (IOR) is a contracted third party responsible for managing the import of goods into the Philippines on behalf of foreign and local companies. Typically, these companies must secure permits, certificates, and comply with specific regulations to legally bring goods into the country—a process that can be both costly and time-intensive.
Through our IOR service, Lio Import Philippines can act as your consignee, overseeing logistics and utilizing our established network and licenses. With our expertise in place, all you need to do is submit your required documents, and we’ll handle the rest. This service allows you to focus on planning and executing your import operations without delay.
Key Information About Using an Importer of Record (IOR)
An Importer of Record (IOR) is a third-party entity authorized to manage and assume responsibility for the import of goods into the Philippines on behalf of foreign companies. Importing requires various permits and adherence to regulations, a process that can be both costly and complex. With Lio Import Philippines, businesses can rely on us to act as their consignee, managing shipment logistics through our existing infrastructure and licenses. You simply submit your documentation, and we handle the rest, allowing you to start importing right away.
Required Documents for IOR Services
When using Lio Import Philippines as your IOR, you’ll need the following documents:
- Packing List: Specifies shipment volume.
- Commercial Invoice: Details shipment value for tax and duty assessment.
- Bill of Lading: Acknowledges receipt and transportation information.
- Certificate of Product Registration (CPR): Authorization for specific goods.
- Certificate of Origin: Verifies goods' origin to determine tariff rates.
Benefits of Using Lio Import Philippines’ IOR Services
- Immediate Import Capabilities: Begin importing without delays.
- No Need for a Local Import License: Avoid the lengthy application process.
- Flexible Import Operations: Import as needed, ideal for short-term requirements.
- Compliance and Risk Management: Avoid penalties and customs delays.
- Local Support: Rely on local resources for efficient operations.
- Trackable Imports: Monitor each stage of the import process.
- Operational Efficiency: Focus on core business while we handle compliance.
- Regulatory Assurance: Fully compliant with local and international standards.
Let Lio Import Philippines manage your import process smoothly, giving you peace of mind and freeing up resources to grow your busines
