An annual bond remains valid for one year from the date of purchase.
The Merchandise Processing Fee (MPF) rate for formal entries is 0.3464% of the entered value of the merchandise.
However, it is subject to a minimum fee of $32.71 and a maximum fee of $634.62, as of 2025.
The HMF rate for formal entries is 0.125% of the entered value of the merchandise is only for ocean shipment and there is with no minimum and maximum fee.
"FROB" in customs clearance refers to Freight Remaining on Board.
This term is used for cargo that arrives at a U.S. port or airport but is not intended for importation into the United States.
Instead, the cargo is in transit and will continue to another destination outside the U.S.
Freight Remaining On Board (FROB) shipments also require an Importer Security Filing (ISF).
The duration of a customs exam can vary depending on several factors, such as the type of exam (e.g., physical inspection, x-ray scan, etc.),
the complexity of the shipment and the volume of items being processed.
1.Power of Attorney (POA):
A signed POA is required for the customs broker to act on behalf of the importer to file documents and clear goods through customs.
2.Business License:
This helps verify the legitimacy of the business involved in the import process, and it may be required for certain filings.
3.Government Issued Photo ID:
This is typically required from the person signing the POA, ensuring that the person is authorized to represent the business in the customs process.
Please click here for more information on validating the Power of Attorney and electronic signatures.
Please click here for more information on Power of Attorney