What is an Importer Number and Why It Matters for Importers
Definition & Meaning
An importer number is a unique identification number assigned by the U.S. Customs and Border Protection (CBP) to businesses engaged in importing goods into the United States. This number helps track customs entries and related transactions. Typically, the importer number corresponds to the IRS business tax number issued to the importing entity. To obtain an importer number, businesses must complete Form 5106 and submit it to the CBP at the location where they will file their customs entries.
Legal Use & context
The importer number is primarily used in customs law and international trade. It is essential for businesses that import goods, as it facilitates compliance with U.S. customs regulations. Users can manage the application process for an importer number themselves, often utilizing legal templates available through platforms like US Legal Forms to ensure proper completion of required forms.
Real-world examples
Here are a couple of examples of abatement:
For instance, a company that imports electronics from overseas must apply for an importer number to legally bring those products into the U.S. Without this number, the company cannot file customs entries, leading to potential delays or penalties.
(hypothetical example) A small business owner who sells imported clothing online applies for an importer number by filling out Form 5106, ensuring they can legally import their merchandise.