A customs broker is a private sector professional, who is licensed by the Timor-Leste Customs Authority to act on behalf of an importer or exporter in the clearance of their shipments. In accordance with Timor-Leste Customs Code, customs brokers are licensed after they complete a period of technical training, successfully pass a final exam, and submit a security deposit. This deposit may range from $10,000 to $40,000 for individuals, and up to $150,000 for companies.
The primary role of the customs broker is to help ensure that your shipment meets all import or export requirements as mandated by law. This can include ensuring that the correct paperwork has been lodged, and duties, taxes and relevant fees have all been paid. In doing so, your broker will electronically submit your “Goods Declaration”, also known as “Declaracao Aduaneira Unica” (DAU), to use within ASYCUDA World. You can learn more about ASYCUDA World here.