What is IOR?

Detailed Explanation

An IOR (Importer of Record) is a legal entity responsible for ensuring imported goods comply with local regulations, paying customs duties, and handling clearance. For international brands entering the Indian market, an IOR is essential since non-Indian entities cannot directly import and sell goods. The IOR handles customs documentation, duty calculations (Basic Customs Duty + IGST), BIS/BEE certifications, FSSAI compliance for food products, and warehousing logistics. SW Cybernetics provides IOR services to help global brands launch on Indian marketplaces without establishing a local entity.