Import and Export Compliance

Import and export compliance refers to the adherence to laws and regulations governing the movement of goods across international borders. For businesses, this means ensuring that products are legally allowed to enter or leave a country, paying any required tariffs or taxes, and following safety and quality standards. Companies must also avoid trading with prohibited entities or nations. Non-compliance can lead to legal penalties, fines, or confiscation of goods. Overall, it ensures fair trade, protects national security, and promotes ethical business practices in global commerce.