Have a plan to import goods and products to Indonesia? If yes, some things need to prepare for the permit because Indonesia’s bureaucratic procedures are quite complex for trading compliance. Securing an Import License through OSS is not enough. Setting up a company in Indonesia is a must, which can take more than five months, even longer. Using under name import service in Indonesia will be more effective in cutting timeline, energy, and expenses.
This article will help give information regarding alternative methods to import goods using the under-name service in Indonesia.
What Is an Under Name Import Service?
Username importer, known as the importer of record (IOR), is a legal entity registered in Indonesia responsible for all the documents and entry requirements for importing goods to the country.
The under name import provider has official licenses and permits to carry out import activities registered under the Directorate General of Customs and Excise
an IOR will provide all entry documents needed for clearance through customs, payments for any levies, duties or fines, product certification, and classification, and other responsibilities, fall to the importer in Indonesia.
Benefits You Gain
Using this service can bring benefits for both companies and manufacturers related to import in Indonesia. The very first thing is there will be no issues with taxes and legal points since IOR is included as one of IOR’s responsibilities, so they will make sure everything is related to it. Next, importers or manufacturers who do not have the required documents and import approval from the authorities don’t need to bear custom risks of shipment delays and penalties. Lastly, benefits provided not limited to:
- The shipment clearance process becomes simpler.
- A transparent process that is fully in compliance with all export and import regulations
- It no necessary to establish an import legal entity in Indonesia just for importing purposes
Lastly, Have a plan to set up a company in Indonesia? Please check this article first.
Want to know more about the under-name import service in Indonesia? Please contact us.
