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I'm importing from China, Do I need a US bond?



 
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Old July 2nd, 2008 Jul 2, 2008 8:05:38 PM -   #1 (permalink)
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Default I'm importing from China, Do I need a US bond?

Hi, I'll be importing from China, do I need to get a bond? And if so, how would I? Is it expensive?
 
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Old July 3rd, 2008 Jul 3, 2008 3:16:19 PM -   #2 (permalink)
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Default Re: I'm importing from China, Do I need a US bond?

Did you read somewhere that you need a US Bond?
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Old July 3rd, 2008 Jul 3, 2008 7:09:07 PM -   #3 (permalink)
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Default Re: I'm importing from China, Do I need a US bond?

That is up to you. You can buy a bond for a full year and its like $400 that allows you to import i think up to 50K a year. If you dont have a bond, you have to pay what is called "Single Entry Bond" every time you import.

The cost of the Single Entry Bond is around $75 (up to 5K i think) every time you import plus the customs duties plus the customs broker fees.

If you are importing regularly or a big $$$ i certainly recommend a bond
 
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Old July 5th, 2008 Jul 5, 2008 6:26:40 PM -   #4 (permalink)
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Default Re: I'm importing from China, Do I need a US bond?

through I am doing the international trade work in china .But ,I am not sure the cost of the importing country . just know the whole process fee.
 
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