IOR stands for Importer of Record, the party responsible for ensuring imported goods comply with local laws, regulations, and customs clearance requirements. IOR meaning in shipping includes filing necessary documentation, paying duties, tariffs, and taxes, as well as securing any required licenses or permits. The IOR must have a locally registered entity and physical presence in the destination country.
The consignee appoints and sometimes acts as the IOR in shipping. However, freight forwarders or third parties can act as IOR if they have the proper registration and licenses. Beverage brands can appoint a third-party IOR if they lack a local entity, import experience, or want to avoid extra taxes and regulatory complications.
See Authorized Economic Operator (AEO)