Blog
IOR Africa keens to keep up with the import and export market, and drafting articles that will give some useful info and tips to our clients. Have a look at the blogs we think would be useful for your business.
E-Commerce in South Africa
E-commerce is gaining traction in the South African market, particularly in remote places where traditional distribution systems are too expensive. To compete with mail-order enterprises, almost all traditional markets now have a website, and many outsource delivery...
African Continental Free Trade Area (AfCFTA)
Introduction. The African Continental Free Trade Area (AfCFTA) paved the way to make remarkable touches on intra-African trade by establishing an integral trade agreement between the Member States that is mutually beneficial. Here in this article will discuss the...
What is a Commercial Transaction when importing?
It requires import and export licenses and an importer of the record to import IT and tech equipment into international countries, which is complex and can cause fines and delays if incorrectly carried out. This process often has a second complexity layer that is...
The Importer of Record, Exporter, and Consignee
The process of import and export operations is somewhat difficult, as it requires a knowledge of the regulations and rules of countries. So, Understanding the definition and the differences between the three most important roles involved in an import transaction is...
All You Need To Know About Importer Of Record Responsibilities
There isn’t anything about international trade that is easy. The trade between two parties across foreign countries' boundaries necessitates a wealth of experience and skills, from restrictions on manufactured products to enforcement issues. Importing goods can be a...
The Importance of IOR Importer of Record in International Trade
The Importer of Record or IOR is the individual or organization in charge of all legally required documents and other formal prerequisites for importing goods worldwide. At the same time, the importer of record is responsible for paying the assessed import duties and...
What is Trade Compliance?
Trade compliance means acting in line with global legislation surrounding economic operations, as well as importing and exporting services and technical products, as well as following international laws for export and exchange, is what trade compliance entails. It’s...
What is an Exporter of Record Service?
today's globalized trade landscape, businesses of all sizes are venturing into international markets, seeking new opportunities for growth and expansion. However, navigating the complex web of regulations and compliance requirements can be a daunting task, especially...
What Is an Importer of Record?
In the realm of international trade, the role of an importer of record (ior) is pivotal, ensuring that all necessary documentation for customs clearance is accurately completed and in compliance with the laws and regulations of the importing country. This entity or...