Flash facilitates the legal relationship between our customers and in-country “…OF RECORD” entities. This service enables our clients to fulfill their service contract/warranty obligations while avoiding the high costs and burden of setting up their own legal entities in these countries.
Importer of Record (IOR):
The entity legally responsible for compliance to regulations / controls and payment of duties, taxes or penalties issued by Customs during an import clearance process.
Exporter of Record (EOR):
The entity legally responsible for the accuracy of classifications of goods and compliance to regulations during export clearance process.