Perishable Goods: Which Permits You Should Have

These permissions need to be done accordingly to your products' nature.

We’re always looking for new business opportunities. As globalization continues to spread worldwide, international commercial trade has increased over the years. With it, the amount of people and companies looking for a chance to import merchandise into the U.S. from abroad has increased as well. Whether you’re a citizen of this country or not, if you want to ship food to American territory, you must be familiar with some general requirements the government will ask so you can you bring your goods into the U.S successfully.

The more you know how these processes function, the easiest it will be. The permits and regulations we list here are the same ones needed to transport any perishable good inside the U.S. Still, many common mistakes made by importers provoke shipment detention in American ports of entry and delays in products' deliveries. People could actually avoid many of these issues by investigating which are the detailed requirements set by the government depending on which type of good is being transported.

So Where Do the Procedures Begin?

Whatever it is that you wish to import and then transport, it all has to get approved by the U.S. Customs and Border Protection, better known as the CBP, once it has made it to the ports. Apart from this, if you want to import perishable foods, one of the first things you need to do is register your shipment and notify it to the Food and Drug Administration, abbreviated as the FDA, before arrival. Facilities that handle and produce these goods must be registered in the FDA as well.

Please take notice that some perishable foods are also regulated by the United States Department of Agriculture (USDA). Some of these are meat, poultry, fruits, and vegetables or products made with eggs. To get the permits needed to transport these type of goods, you must register them 30 days before the first shipment arrives. Typically, these procedures must only be done once, unless the laws or rules applying to them change. For more information regarding the USDA specifics, you can visit their web page right here.

However, you will always need to notify the FDA prior arrival. You can do it no more than five days and no less than 2 hours before the shipment gets to land. If the shipment is arriving by ship, you must notify no less than 8 hours before. The questionnaire you’ll have to fill and the information needed for Prior Notice for Food Articles can be accessed here.

Once your shipment has made it to an American port, it will not have legally entered U.S. territory unless the CBP grants it access. Only owners or purchasers of merchandise can request this permit at the port within 15 days from the arrival's date. There, you will have to file your duties and documentation, pay correspondent fees, and arrange transportation.

The best thing you can do is contact your nearest port to have a better understanding of the documentation and regulations that rule specific products, including different forms, fees, and permits. Locate a port on the CBP web page to get more information.  

General Recommendations

Importing merchandise into the U.S. can be a quite complex process. If you don’t submit products' information and all necessary permits correctly, it can result in a very inconvenient delay to release your shipment and obtain an approval of the FDA or the CBP. To avoid some of these problems, you should always have at hand all information regarding the products. This includes:

• Information about the specifics of the products being shipped.
• Manufacturer information.
• Products codes.
• Accurate quantities.
• Correct shipper and country of origin information.
• Correct destination information.
• Merchandise's values, along with exchange rate.
• Container’s dimensions.
• Property rights’ contracts.

If you fail to provide any of this information correctly, then your shipment will most surely be detained at U.S. ports upon arrival. The government needs all this data to confirm that the commodities or products you’re importing are safe and comply with all the sanitary and commercial regulations established.

The good news is that a huge part of this information can be accessed via the Internet, including Frequently Asked Questions, contact numbers, and guides. In Coagro Corp, we’re here to help! Our vast experience in the business guarantee safe imports and shipments. Start working with our products and grow your business thanks to our services' quality and professionalism!

These products require particular transportation methods, but also proper permissions and licenses.

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Define if Your Cross-Border Taxation Is Done Correctly

Cross-border taxes are collected in a particular way.

As international markets keep growing each day, governments across the world are adapting their taxes’ policies to guarantee more transparent and efficient market trades. When starting in this business, or when acquiring foreign properties, people often find an obstacle in their lack of knowledge about cross-border policies and taxation's processes. What do you need? How is it calculated? Where do you pay? Whether you are a foreigner or not, all of these factors and more are vital issues that you must address before starting your first international trade in the U.S.

The first thing you need to know is that U.S. citizens are taxable on their worldwide income. There is no distinction between earnings that come from business or investments inside American territory and those that come from outside. Based on this, two types of international exchanges can be done. “Outbound transactions” respond to transactions made by U.S. taxpayers in other countries and “inbound transactions” are those made by foreigners within the United States.

In outbound transactions, the government captures foreign income for U.S. tax purposes and prevents tax avoidance through the use of foreign entities.  In the inbound transactions case, taxes apply to the income that comes from sources within the U.S.

Tax Treaties Exceptions

Now, you can review cross-border taxation's general rules in the Internal Revenue Code. However, these rules might not apply depending on whether if the United States has a tax treaty with the country with which transactions take place. Because of tax treaties, you might be taxed at a reduced rate or be exempt from U.S. income taxes on certain items you receive from sources within the United States.

It’s vital to understand where your taxes should be paid because you could be taxed twice from two different countries at the same time, provoking money loss in the process. In any case, you should always hire a tax specialist that understands the treaties and rules that apply to different countries when trading with the U.S.

This will help you define if your taxes are done correctly. You should watch out for different forms that must be filled according to your state of residency in the U.S., as well as currency exchange and transaction prices. Another thing to take into account is whether if you have financial assets in foreign institutions. If those assets exceed the amount of $55,000, you must report them as well.

How Important Is It to Do It Well?

The consequences of badly done taxation reports can be immensely severe for your business. From significant penalties and interest rates that can cost you thousands of dollars to a damaged reputation. International taxes can give many people terrible headaches if they don’t know how to handle them. Don’t hire just a tax specialist, hire a person specialized in the cross-border relation between those countries you are working with, someone who understands the complexities behind every treaty and every exception.

This inversion could save you thousands of dollars and help you build a better reputation with your clients, stakeholders and financial institutions. In the globalized world we live in today, even if you’re a small firm, you should know how to handle taxation to give a better service to your clients. With the purpose of identifying critical issues and creating a plan ahead of time, you must be aware of which are the obligations generated by taxes. Everything from entities involved to the proper filling of every form can affect the taxation of cross-border income.

In Coagro Corp we’re ready to deal with every international transaction to guarantee our clients satisfactory results. Our team is prepared to work all the details, as well as advising you on the process. Give us a call and let us start building an enduring and trustworthy partnership!

When you work with taxation, you need to comprehend how these are made to succeed commercially.

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