Questions for Non-U.S. Exporters Importing Goods into the United States
Foreign Companies Can Import Goods into the US with a CBP Assigned Number
For foreign companies looking to expand their business in the United States, importing goods is now made simpler. A Customs and Border Protection (CBP) Assigned Number (CAN) can be obtained, serving as an importer number for customs purposes.
To get a CAN, a foreign company needs to register with the U.S. Customs and Border Protection (CBP) by submitting CBP Form 5106, the Importer Identity Form. This form registers the entity and creates an importer account. [2]
The importer number can be an IRS Employer Identification Number (EIN), a Social Security Number (SSN), or a CBP Assigned Number (CAN). Foreign companies without a U.S. EIN or SSN will receive a CAN after registration. [2]
Additionally, a customs bond is required to ensure compliance with import regulations and payment of duties. [2]
Contrary to popular belief, a foreign company does not need to form a U.S. LLC or corporation or have an SSN to obtain an importer number. The CAN functions as the importer number for customs purposes. [1][2]
Many foreign companies work with licensed customs brokers in the U.S. These brokers assist with registration, bond, and import documentation to facilitate import compliance.
It is important to note that if the above methods fail to determine the value of the imported merchandise, customs are required to use a reasonable method. [1]
For more details about the methods for appraising the value of imported merchandise, visit https://www.law.cornell.edu/cfr/text/19/152.105 and https://www.law.cornell.edu/cfr/text/19/152.106.
In summary, a foreign company can obtain an importer number without having a U.S. company or SSN by registering with CBP using Form 5106 to get a CBP Assigned Number and posting a customs bond, enabling it to import goods into the U.S. [2]
- The acquisition of a CBP Assigned Number allows foreign companies to manage their finance operations and lifestyles in the United States, as it functions as an importer number for customs purposes, facilitating business transactions such as shopping imports.
- To sustain compliance with import regulations and ensure the payment of duties, a customs bond is mandatory for foreign companies using a CBP Assigned Number, indicating the seriousness they attach to their business engagements and commitment to follow the rules in the US market.