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How to Start an Import/Export Business

How to Start an Import/Export Business

Starting an import/export business can be very easy and fairly inexpensive to start up.  This blog post will discuss the how you can start an import/export business and how bonds and custom brokers can play a role in your business. 
Determine the Type of Import/Export Business You Wish to Open
There are three different kinds of import/export businesses. An export management company …

 

The Borderlands: The Customs Surety Bond and the New Global Economy

The Borderlands: The Customs Surety Bond and the New Global Economy

Every week, in the back of The Economist, there is a large list of trading stats. It’s fun to look at, but seems very abstract and removed from the reality of what trade and import/export actually mean.  The people who are actively trading in the economy understand this reality. These are the ones who load containers onto cargo ships, keep …

 

500 Customs Surety Bonds from Surety1

500 Customs Surety Bonds from Surety1

Surety1 is the low cost provider for customs bonds in the U.S. and has just provided the 500th continuous customs surety bond.
Through its website, http://www.bonds4customs.com, Surety Solutions Insurance Services, Inc. (Surety1) is able to provide the $50,000 continuous import customs bond for the incredibly low price of $259.00 for one year, or $627.00 for a three year term (*subject to underwriting approval).

 

What is a Customs Bond?

Customs bonds are required by the US Customs Service for all importers in order to bring goods into the United States.
A customs bond is a guarantee to the US government that the importer will faithfully follow all laws and regulations governing the importation of merchandise into the United States. This includes the surety company guaranteeing payment of any duty, …