Topics / Broker licensing and the exam
An importer transacts customs business solely on its own account and in no sense on behalf of another. Is a broker's license required?
- No; neither the importer nor its authorized regular employees acting only for it need a license
- No, but each employee must hold a national permit
- Yes, for every entry
- Yes, unless the importer holds a continuous bond
Show the answer
A. No; neither the importer nor its authorized regular employees acting only for it need a license
An importer or exporter transacting customs business solely on his own account is not required to be licensed, nor are his authorized regular employees or officers who act only for him.
Source: 19 CFR 111.2(a)(2)(i)
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