Export and import permits act as official papers that permit companies to legally transport goods into and out of Singapore. These permits are essential to Singapore's trading framework, assisting the government in monitoring goods' movement and ensuring adherence to local laws. Every company that aims to import products into Singapore or send them abroad requires these permits.
Importing Goods vs. Exporting Goods: What You Need to Know
Moving goods into Singapore differs greatly from shipping them out. Imports face stricter checks because Singapore needs to protect its market from harmful or illegal products. Companies often use free trade zones like Changi Airport or PSA ports to store goods without paying GST right away. When exporting, businesses need to match their goods with the right HS codes and check if they need special permits for regulated items. The process changes based on whether companies ship directly or re-export through Singapore's busy ports.
Key Differences Between Import and Export Permits
What is an Import Permit?
An import permit acts as a gateway pass for bringing goods into Singapore. This document tells Singapore Customs exactly what's coming into the country. The permit includes details about the goods, their value, and where they came from. Companies need to get this permit before their shipment arrives at Singapore's checkpoints. Some goods might need extra permits from other government agencies.
What is an Export Permit?
An export permit gives businesses the green light to send goods out of Singapore. This document helps Singapore Customs track what leaves the country. Companies must list details like the type of goods, their value, and where they're going. The permit also helps Singapore follow international trade rules and keep track of strategic goods that need special attention.
Required Documentation for Import and Export Permits
Commercial Invoice: Shows the price paid for the goods and includes seller and buyer details
Bill of Lading or Air Waybill: Proves ownership of the goods during transport
Packing List: Details what's inside each package in the shipment
Certificate of Origin: Proves where the goods came from
Insurance Documents: Shows coverage for the goods during transport
Customs Declaration Form: States the goods' value and type for tax purposes
Special Certificates: Required for regulated items like food, medicine, or electronics
Step-by-Step Process to Apply for an Import or Export Permit
Step 1: Preparing for the application
Get your HS codes ready for each product and check if your goods need special permits. Make sure you have a valid GIRO account for paying fees. Gather all required documents before starting.
Step 2: Applying via TradeNet
Log into the TradeNet system or Singapore Customs portal. Fill out the permit application form. Upload all supporting documents. Double-check all information before submitting.
Step 3: Application Processing
Wait for the system to process your application. Most permits get approved within minutes if everything is correct. Watch for any requests for more information from Customs.
Step 4: Finalising Registration
Save your permit number once approved. Print out the permit if needed for customs clearance. Keep copies of all documents for your records.
What Food Products Require an Import or Export Permit in Singapore?
All food products coming into Singapore must have import permits and SFA approval. Import permits are obtained after registration by the companies with SFA. The rules get stricter for meat and fish products, which need to come from approved sources. Even common items like eggs and milk products need proper permits to ensure food safety.
Common FAQs About Export and Import Permits in Singapore
How long does it take to get a permit approved? Most permits get approved within 10 minutes through TradeNet.
Do all goods need permits? Yes, but some low-value items might qualify for simplified procedures.
Can I apply for permits myself? Yes, but most businesses use declaring agents for smoother processing.
How much do permits cost? Processing fees start at $2.88 per permit via TradeNet.
What happens if I ship without a permit? This can lead to fines, delays, or legal action.
How to Work with Declaring Agents for Import and Export Permits
Declaring agents speed up the permit process with their expertise and systems access. They handle complex paperwork and know the latest customs rules. Declaration Nexus stands out among Singapore's declaring agents, offering quick permit processing and expert guidance. Our team stays updated on regulation changes and helps businesses avoid common application mistakes.
Conclusion: Final Thoughts on Navigating Export and Import Permits in Singapore
Getting export and import permits might seem complex, but following the right steps makes it manageable. Singapore's efficient system helps businesses trade smoothly when they understand the requirements. For personalised help with permit applications, reach out to Declaration Nexus. Our expertise can save time and prevent costly mistakes in the permit process.