NAICS Code 541618-09 - Tariff Bureaus
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NAICS Code 541618-09 Description (8-Digit)
Hierarchy Navigation for NAICS Code 541618-09
Parent Code (less specific)
Tools
Tools commonly used in the Tariff Bureaus industry for day-to-day tasks and operations.
- Tariff classification software
- Customs compliance software
- Trade data analysis tools
- International trade databases
- Tariff and duty calculators
- Trade agreement monitoring tools
- Supply chain management software
- Risk assessment tools
- Export documentation software
- Trade compliance training materials
Industry Examples of Tariff Bureaus
Common products and services typical of NAICS Code 541618-09, illustrating the main business activities and contributions to the market.
- Tariff classification consulting
- Import/export compliance consulting
- Customs brokerage services
- Trade agreement consulting
- Duty drawback consulting
- Free trade zone consulting
- Supply chain optimization consulting
- Export documentation services
- Trade compliance training services
- Risk assessment consulting
Certifications, Compliance and Licenses for NAICS Code 541618-09 - Tariff Bureaus
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Customs Broker License: A customs broker license is required for individuals or companies that conduct customs business on behalf of others. The license is issued by the U.S. Customs and Border Protection (CBP) agency. Customs brokers are responsible for ensuring that imported goods comply with all applicable laws and regulations. They also handle the paperwork and logistics associated with importing goods.
- Certified Global Business Professional (CGBP): The CGBP certification is offered by the National Association of Small Business International Trade Educators (NASBITE) and is designed for individuals who are involved in international trade. The certification covers topics such as global business management, global marketing, supply chain management, and trade finance.
- Certified Export Specialist (CES): The CES certification is offered by the National Customs Brokers and Forwarders Association of America (NCBFAA) and is designed for individuals who are involved in exporting goods. The certification covers topics such as export regulations, documentation, and logistics.
- Importer Self-Assessment (ISA) Program: The ISA program is offered by the U.S. Customs and Border Protection (CBP) agency and is designed for importers who have a strong commitment to compliance. The program allows importers to assess their own compliance with customs regulations and to implement internal controls to ensure compliance.
- Foreign Trade Zone (FTZ) Operator License: A FTZ operator license is required for individuals or companies that operate a foreign trade zone. FTZs are secure areas located in or near U.S. ports of entry where foreign and domestic merchandise can be stored, assembled, and manufactured without being subject to U.S. customs duties.
History
A concise historical narrative of NAICS Code 541618-09 covering global milestones and recent developments within the United States.
- Tariff bureaus have been around for centuries, with the first known bureau established in France in the 17th century. These bureaus were responsible for collecting tariffs on imported goods and were often government-run. In the United States, the first tariff bureau was established in 1862, during the Civil War, to help fund the war effort. Since then, the industry has grown and evolved, with the introduction of new technologies and changes in trade policies. In recent years, the industry has faced challenges due to the increasing use of automation and the changing political climate surrounding trade agreements.
Future Outlook for Tariff Bureaus
The anticipated future trajectory of the NAICS 541618-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for Tariff Bureaus in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for international trade and the need for businesses to comply with complex trade regulations. The industry is also expected to benefit from the growing trend of outsourcing non-core business functions to specialized service providers. However, the industry may face challenges due to the changing political and economic landscape, which may lead to changes in trade policies and regulations. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 541618-09
Recent groundbreaking advancements and milestones in the Tariff Bureaus industry, reflecting notable innovations that have reshaped its landscape.
- Tariff Bureaus are increasingly using technology to automate their processes and improve efficiency. This includes the use of artificial intelligence and machine learning to analyze trade data and identify potential compliance issues.
- Many Tariff Bureaus are expanding their services to include trade compliance consulting, helping businesses navigate complex trade regulations and avoid penalties.
- Some Tariff Bureaus are developing specialized services for specific industries, such as the automotive or pharmaceutical industries, to provide tailored solutions to their clients.
- Tariff Bureaus are increasingly partnering with other service providers, such as logistics companies and customs brokers, to offer end-to-end trade compliance solutions.
- Some Tariff Bureaus are expanding their global footprint by opening offices in key international markets, such as China and India, to better serve their clients' needs.
NAICS Code 541618-09 - Tariff Bureaus
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