Talk to an EQ Customs Broker and Save Time and Money While Decreasing Time-to-Market
Compliance is always an issue in the import and export business and it can be difficult to stay current with the all the ever-changing rules, regulations, policies, and local laws. That’s where EQ Trading comes in. We have built, and are continuing to grow, our stable of experienced customs brokers around the world to help you get and stay compliant at all times. Working with an EQ Trading Broker can help you shorten your time to market, streamline costs and paperwork fulfillment, and add significant value to your offerings, regardless of which end of the import/export spectrum you’re operating in. Let us handle all your compliance needs by assigning you a Trading Broker today so you can get back to doing what you do best – running your business.
EQ Trading’s Network of customs brokers will be familiar with our client’s products so any buyer will be assisted by the correct customs broker’s country. EQ Trading is committed to complying with regard to import/export and trade compliance laws in all countries in which EQ Trading does business. This may include regulations and laws relating to economic sanctions, trade embargoes, export control, cargo security, import valuation and classification, anti-boycott, country/product of origin markings, and free trade agreements. In conducting business at borders and boundaries, all EQ Trading staff must follow the law and EQ Trading’s trade compliance Policies, Standards, and Procedures. These laws change frequently and are complicated so staff must remain up to date on legal changes. Staff must engage EQ Trading’s Trade Compliance Department as needed to ensure compliance.
What is the definition of a U.S. Principal Party in Interest (USPPI)?
A U.S. Principal Party in Interest (USPPI) is the person or legal entity in the United States that receives the primary benefit, monetary or otherwise, from the export transaction. Generally, that person or entity is the U.S. seller, manufacturer, or order party, or the foreign entity while in the United States when purchasing or obtaining the goods for export.
Should EQ Trading’s policies conflict with local law, staff must always obey the law.
EQ Trading’s Compliance Policy
Purpose：EQ Trading is a global company. EQ Trading products, services, and technologies recurrently move among countries during manufacturing, marketing, and sales. These Principles ensure EQ Trading complies with all import, export, and trade compliance laws. These Principles apply to all employees and to those acting on behalf of EQ Trading. Regulations that impact the import, export, and trade compliance Standards, Procedures, and Policies are: Embargoes & Economic Sanctions prohibit or definitively restrict business activities with specified countries, and their citizens, as well as business activities with specifically listed persons and entities. Export Control Regulations define restrictions of specific articles and technology to foreign persons and destinations. Anti-Boycott Regulations proscribe US organizations and their associated foreign subsidiaries from participating in unsanctioned boycotts, especially against countries friendly to the United States. Many countries also maintain laws regarding unsanctioned boycotts. Customs Regulations oversee the many facets involved with the importation of goods into countries. Most countries have complex regulations with regard to the marking and country of origin, valuation and classification of goods. Customs regulations also include the enforcement of other government agencies’ regulations on imported goods such as healthcare, chemicals and other regulated items. Government Procurement and other advertising regulations have rules for ensuring the country of origin is known and represented. Tax Regulations guide the sales terms and financial obligations of transaction. Cargo Security laws and regulations specify minimum security standards for cross border shipments. Free Trade Agreements are international agreements between two or more countries, providing trade preferences when certification and eligibility requirements have been met. EQ Trading employees and partners should be aware that applicable regulations and laws vary from country to country. EQ Trading ’s policies take into account numerous laws and regulations from many countries, including organizational structure, management strategies, and above all else, EQ Trading ’s Values. This may result in EQ Trading ’s policies having a higher standard than the law requires. Employees are expected to adhere to EQ Trading ’s policies. Penalties：Failure to comply with these laws can lead to criminal and civil penalties for EQ Trading and for individual employees, substantial business disruptions, and damage to EQ Trading ’s reputation. Violating EQ Trading ’s Code of Conduct will result in discipline, up to, and including, termination of employment.