Besides the importer of record, a service that is widely used in the world of international trade is the exporter of record (EoR) service. Then what is the exporter of service in Indonesia?
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What is an Exporter of Record in Indonesia ?
EOR is an authorized exporter company that is useful for those of you who want to export products to outside Indonesia. EOR will take care of all your export needs. Starting from taking care of export license documents, export duties and loading the goods into cargo before departure.
Differences between IoR and EoR
There are several differences between IoR and Eor, Which are :
1. Borders of The Supply Area
At EoR, the boundary of the area served is in the area of origin. EoR will take care of all your needs up to the port of origin. While IoR service takes care of all your needs from the destination port.
2. Documents Handling
In addition to regional boundaries, there are also differences in the documents that are handled. For the Exporter of Record, the documents that are handled must comply with the rules of the country of origin. Meanwhile, IoR takes care of the destination country goods documents.
3. Tax Difference
Unlike IoR, EoR usually follows the export duty calculation. While the calculation of tax on IoR is an import tax regulation.
Why Should You Use Exporter of Record (EoR) Service?
There are several advantages of using Exporter of Record (EoR) service, such as :
1. EoR Can Take Care of All Export Documents in Indonesia.
Not only importing but also exporting requires various documents and prior permits. The type of documents and permits depends on what goods you want to export. Exporter of Record will help you take care of the required documents.
2. Administration of Exit / Export Tax
The second benefit of using the services of an Exporter of Record is export tax management. Usually, the Exporter of Record will help you in breaking down the taxes that are charged when you export goods. So that there are no obstacles in future regarding the taxes.
3. Safe Arrival of The Goods in The Cargo.
The third benefit is that the EoR ensures your goods are safe until they are loaded into the cargo hold. Moreover, it ensures that the details of the goods and the delivery are correct. The details of the goods, such as the description and the value of the goods to be exported will be prioritized.