When to Engage Importer of Record Service in Pakistan

If you want to import into Pakistan right away and don’t already have an import company here, your best bet is to use an Importer of Record (IOR).

This article aims to define importer of record and provide instructions on how to use an importer of record service in Pakistan.

Pakistani import laws

Under the Import and Exports Control Act of 1950, the Ministry of Commerce oversees the import of products into Pakistan.

Any business that is registered in Pakistan is able to import as long as it complies with the following general requirements:

1. Have a National Tax Number (NTN) issued by the Federal Board of Revenue (FBR)

2. Have a Sales Tax Registration Number (STRN) from FBR

3. Are a member of any chamber of the Chamber of Commerce and Industries (CCI)

4. Have a bank account in Pakistan

Nonetheless, importing is far simpler and faster with an import license.

But how can you import if you don’t have a business in Pakistan or know how to deal with customs clearance?

Utilize an importer of record service (IOR) to import goods into Pakistan.

An Importer Record (IOR) is a business that imports items for you; an example of such a company would be ALM Shipping and Logistics. This implies that establishing a distinct legal organization or obtaining any permissions is not necessary in order to import goods into Pakistan. Instead, you’ll be utilizing ALM’s licensing.

The customs clearance process will go easily and seamlessly if an IOR is used. Keep in mind that you must pay the shipment’s taxes on the day your products arrive if you want quick customs clearance.

You will receive comprehensive and precise information from ALM IOR Services regarding costs and payments, along with an estimated time of arrival for your shipment.

Here are the top 5 reasons to use Pakistan’s importer of records service.

As previously said, the best option to establishing an import firm in Pakistan is to use an IOR. These are the top five justifications for using IOR services in Pakistan.

1. Quick import

There are a few steps you need to do before you can begin importing into Pakistan. These procedures involve obtaining an import license in addition to incorporating a business. It may take up to ten weeks to complete these procedures.

On the other hand, an IOR enables you to begin importing without the need for any permissions or the creation of an entity in Pakistan. Your worry regarding importation into Pakistan can be resolved more quickly with our IOR service.

2. Smooth customs clearance

Be aware that while obtaining an import license is not required in Pakistan, doing so is highly recommended. Having an import license will streamline the entire procedure, particularly if you plan to import goods with extra limitations or criteria.

You won’t have to wait for any paperwork to begin importing when you use the importer of record service because the service provider already possesses the required permits. By doing this, you’ll also prevent disputes and lessen the chance that your products may become stuck in customs. facilitating a more seamless customs clearance process.

3. Prior to importing, determine the costs

Once you give us the details we need to ship your items, we’ll figure out all the costs and when your things should arrive.

In this manner, you’ll be able to calculate the expenses in advance.

4. Adherence to regional legislation

In Pakistan, imports are subject to a number of rules and take a long time to complete. The consignee will ensure that your shipment conforms with local laws when you use the IOR service.

You can save time and effort by learning about the local restrictions that apply to imports by using an IOR.

5. Concentrate on your primary business

The record service importer not only provides a quick and easy import, but also frees up your time so you can concentrate more on expanding your main business rather than managing red tape.

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