When importing goods into the US, you need a customs bond. A customs bond is a contract that guarantees that the importer will pay import duties and taxes.
The only exception are Express shipments valued below $2,500.
There are two types of customs bonds where the prices are depending on the broker:
An annual bond - This type of bond is valid for 12 months from purchase and covers an unlimited number of shipments to the US. It typically costs between $400-$500 and also covers additional Import Security Filing (ISF) bond requirements. If you ship via ocean at least three times a year, an annual bond is the best option. If you have an existing annual bond, please send the bonds directly to the broker handing your shipment.
A single-entry bond - This type of bond is valid for one shipment only and costs between 0.5%-0.7% of the goods’ value (minimum between $50-$70 charge) plus $75 for an ISF bond if you're shipping via ocean.
Keep in mind that goods shipped with a single-entry bond are more likely to be flagged for a customs inspection, which can lead to delays and extra charges.
Goods subject to government regulations may incur extra fees. For example, items subject to FDA approval incur an FDA filing fee of $25-$50. The cost for a single-entry bond will then be adjusted to 3x the value of the goods.
Learn more about customs bonds here.
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