best 5 customs broker in Malaysia

Best 5 customs clearance brokers in Malaysia

Malaysia has an advantageous marine link that is important for global trade thanks to its strategic attributes. The Strait of Malacca connects the Indian Ocean and Pacific Ocean through the South China Sea, providing the quickest and most cost-effective route for the production of oil and other liquids worldwide.

For companies of all sizes, navigating the complicated world of customs regulations and procedures may be a challenging task. That's where customs clearance brokers step in, offering their expertise to streamline the import and export processes.

In this article, we explore the five best customs clearance brokers in Malaysia, known for their exceptional service, industry knowledge, and commitment to client satisfaction.

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letter of credit international trade

What is a Letter of Credit and How Does It Work ?

As we all know the process of moving goods from one country to another, whether it is export or import, is somehow stressful and complicated for beginners and requires a lot of administrative procedures and documents, one of the most important of those is the letter of credit.

In this article, we will give a detailed explanation of the letter of credit, its role and how to get it.

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How to Choose and Negotiate the right Incoterms

Shipping: How to Choose and Negotiate the right Incoterms?

Incoterms are a set of trade rules established by the International Chamber of Commerce ("ICC") that are used in international sales contracts. The purpose of Incoterms is simple: to establish a standardized logistics terminology to prevent confusion and disagreements between international buyers and sellers. Incoterms are not mandatory rules, but in order for them to have legal effect, they must be explicitly incorporated by the parties into their contract.

In the following article, we will describe their basic features and how to use them for all modes of transport.

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What should I do if my shipment get stuck in customs ?

Today it is common to make purchases in foreign online stores: the latest generation Smartphone, that “invention” without which you cannot live or any other interesting item at a good price, but the shipment does not arrive… and at that moment we ask ourselves: Will my package be held in customs?

As a buyer, before making a purchase you must inform yourself of the taxes and expenses that can be assumed for purchases made outside the country since there can always be extra expenses in tariff concepts plus processing costs.

When you go shopping, keep these things in mind to calculate what the package is really going to cost you, since it is not very pleasant to receive these scares when you are about to receive something that makes you very excited.

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