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| Originally Posted by jimfun71 Has anybody ever imported anything? If so can you please tell me how to get started. I've been to the US Customs site and it is nothing but confusing. It's like they don't want you to figure it out. If anybody can help I would appreciate it.  |
The best way to start doing this is to get with a customs agent or a customs house broker and start asking questions. they can tell you all of the costs that you will have and all the customs fees and tariffs that you can expect. This is something that they do for a living. Do you do your own taxes if you aren't a CPA? No, you use a tax program or a CPA to do them for you. The same should be true when dealing with customs and import issues. Customs agents work off of quantity so they don't charge very much at all do do all the work for you, usually just a $75 fee or something like this to file all the paperwork for you. Your customs fees per import should remain fixed, the governmental customs fees and tariffs, etc, will change dependent on product, value, etc... This is not an easy business and will take tons of research and alot of luck on your behalf. My best piece of advice in the matter: "Do not do it unless you plan on becoming a complete expert in the field." Ask questions, tons of questions, and get everything in writing! If you do this piece of business, you should be the one in here answering these questions within 1 month...lol
Before you do any of this, you first need to do your homework on what you are going to import, from where, why, etc. make a full business plan up. I don't mean to be a Debbie-Downer but remember, there are hundreds of reasons (most of them not known yet by you) why every joe-smoe isn't already doing this regardless of how "tasty" it looks. Without being a complete expert in these matters, you have less then a 1% chance of making anywhere close to what you think you are going to make...lol Even experts in the industry that I know make less than 6%-8% profit in doing what you are trying to do after 5 years, and only on orders over $150K...
Good luck! I hope this helps.