Importation consists of the entry of goods and services purchased in foreign territory for their use or commercialization in national territory.
There are different reasons to make the decision to import, either in terms of costs, to obtain better quality and technology in the products, to maximize the distribution capacity, among others.
Undoubtedly, opening up to foreign suppliers can generate a competitive advantage in the domestic market, which represents a great opportunity for the growth of your company.
To carry out an import requires some planning, and you need to consider a number of details, from delivery times, payment terms, banking arrangements, time in transit, to the necessary customs documentation.
At CCS we can help you manage the entry of your products successfully, providing you with comprehensive advice.
Frequently Asked Questions when Importing into Argentina
What should you know when importing into Argentina?
In order to import, whether you are an individual or a legal entity, first of all, you must be registered as an importer/exporter with the General Directorate of Customs.
If you wish to obtain more information, CCS will advise you on the steps to follow to obtain your registration.
Once you have obtained your registration, you will simply need to ask your supplier for the necessary documentation to corroborate the origin and characteristics of the goods, and this is where much of our work begins.
What other requirements must be taken into account when importing?
Sometimes, the product to be imported, due to its origin, characteristics and nature, may be subject to certain requirements or certifications, authorization or control by an inspection body.
At CCS we take care of providing you with solutions and making the necessary arrangements with the competent body.
What role does the customs broker play and what activities does he/she perform to carry out your import?
The customs broker is the agent authorized to manage on your behalf the necessary procedures to complete the customs formalities, in order to introduce your goods into the national territory, and in the process we are in charge of interacting with all the intermediaries in the chain, from your supplier, international transport, port terminals, bonded warehouses, third parties and with Customs.
Within our activities, we carry out the tariff classification of your product based on the information provided, which will determine the taxes in order to carry out the import costing, the possible interventions of third parties and if your goods are covered by an automatic license or a non-automatic license.
We carry out the documentary control, proceed to document the SIMI declaration and in addition to follow up, we can take care of the coordination of the operational logistics, according to your needs and the characteristics of the shipment.
What is a SIMI?
The Integral Import Monitoring System (SIMI) is an instrument developed by the Secretariat of Commerce jointly with the AFIP, in order to monitor imports and ensure compliance with the essential safety measures of the products to be imported.
This declaration must be processed for all goods destined for consumption and it is an administrative requirement on which the entry of the goods will depend, since you need to have its approval and it is important to take into account that there are two types of licenses, automatic licenses (LA) and non-automatic licenses (LNA), determined according to the tariff position.
What is the difference between an automatic and non-automatic license?
The main difference between the two is the time it takes for approval.
The automatic ones, as the word indicates, are approved in all cases, in a short period of time.
As for the non-automatic ones, the time lapses are variable and may cause delays, as well as the need for additional information.
What are INCOTERMs and why are they so important?
Incoterms are “International Commercial Terms”, which delimit the obligations and responsibilities between buyer and seller. They are established with the purpose of implementing a standardized language that can be used in international business worldwide.
There are different types, but as an example below we explain the most commonly used ones:
– EXW (EX FACTORY): The seller makes its goods available at its own premises, and all other costs are borne by the buyer.
– FCA (FREIGHT IN CARRIAGE): The seller must deliver the goods ready for export to the carrier at the place indicated in the conditions of shipment.
– CFR (COST AND FREIGHT): The seller must clear the goods for export and pay the freight costs to the agreed place.
– FOB (FREIGHT ON BOARD): The seller is responsible for placing the goods on board the vessel at the port indicated in the sales contract.
– CIF (COST, INSURANCE AND FREIGHT): The seller must clear the goods for export, and pay the freight and insurance to the agreed place.
What is the minimum quantity and what type of goods can I import?
It will be your supplier who will determine the minimum purchase and it is possible to import practically any merchandise you wish, provided that it complies with the regulations established for its importation.
You should also bear in mind that there are goods whose importation is expressly prohibited by current legislation, either for economic or non-economic reasons, in order to preserve national issues.
At CCS we can advise you regarding your particular product.