Start a Profitable Import Export Company. Make extra Income. Become Licensed Customs Brokers. According to the United States Customs and Border Protection website, Customs Brokers are private individuals, partnerships, associations or corporations licensed, regulated and empowered by the US Customs and Border Protection (CBP) to assist importers and exporters in meeting Federal requirements governing imports and exports. Brokers submit necessary information and appropriate payments to CBP on behalf of their clients and charge them a fee for this service. Brokers must have expertise in entry procedures, admissibility requirements, classification, valuation, and the rates of duty and applicable taxes and fees for imported merchandise. There are approximately 11,000 active Customs Brokers in the United States. What about Customs Brokerages? I am glad that you asked. Corporations, partnerships, and associations must have a Broker's license to transact Customs Business. Each of these businesses must have at least one individually licensed officer, partner, or association to qualify the company's license. Failure to have a qualifying officer, or member (of a partnership) for more than 120 days will result in the revocation of the Broker's license.
- Who is eligible to become qualified as a Customs Broker?To be eligible you must:
- Be a United States Citizen at least 21 years old.
- Not be a current federal government employee.
- Possess good moral character.
Assuming you are eligible, how would one become a Customs Broker?
1. First, you must pass the Customs Brokers License Examination.
2. Second, you must submit a broker license application with appropriate fees.
3. Third, your applicaton must be approved by CBP.
The Customs Brokers License Examination is an open book/open text with 80 multiple choice questions based on US policies and procedures.
The examination is 4 hours and completed on answer sheets.
The examination is normally given the first Monday in April and the first Monday in October. If a Monday is a religious holiday, the examination will be given on the following Tuesday. The appropriate CBP Port Director must receive the examination application and fee of $200 at least 30 days in advance of the examination. Passing scores is 75% or better. The national average for the Customs Brokers License Exam is at 15% or lower. CC Imports, Inc. offers an Intl Trade Import Export Training and Development Program to support Entrepreneurs and Business Professionals in the area of Intl Trade. Fall 2011 open registration through July 28, 2011 at http://customsbroker.eventbrite.com. 6 Month Intl Trade Training and Development Program for Entrepreneurs and Business Professionals includes classroom time and up to 4-15 minutes Intl Trade Coaching from an Industry Professional at http://tradecoach.eventbrite.com. For more information, see website at www.cctradeimports.com. Follow Intl Trade at http://twitter.com/kcarrco and click "like" at INTERNATIONAL TRADE IMPORTS EXPORTS, INTL TRADE CONSULTANT, CUSTOMS BROKER".
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