What is Broker License?
Broker License A government-issued authorization allowing a person or company to act as a customs broker, facilitating import/export clearance and ensuring regulatory compliance.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Broker License” Used in Practice?
A valid broker license is required to file customs entries and represent clients before customs authorities.
Certification Exam Relevance
Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Broker License?
A government-issued authorization allowing a person or company to act as a customs broker, facilitating import/export clearance and ensuring regulatory compliance.
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