Question
Procedure: Illustratethestep-by-stepprocedure ontheregistrationofEAR's Registration of Exporters Authorized Representative (EAR) -EAR is a CPRS-registered broker (meaning: registered in CPRS as a Broker) who is not PRC-licensed
Procedure:
- Illustratethestep-by-stepprocedure ontheregistrationofEAR's
Registration of Exporters Authorized Representative (EAR)
-EAR is a CPRS-registered broker (meaning: registered in CPRS as a Broker) who is not PRC-licensed broker, authorized by an exporter to sign and process for his export declaration pursuant to RA 9853.
oRA 9853 IRR: the EAR must be a fulltime employee of the exporter,
-The EAR who lodges the ED-SAD will also be the declarant for the ED-SAD lodged.
Procedures in EAR registration
-The EAR encodes his CPRS Broker's Profile in the VASP
-VASP system shall send the EAR's encoded profile on the BOC's e2m
-EAR prints stored CPRS and submits with all required documents to the accrediting agency
-Accrediting agency endorses to AMO list of all EAR applicants together with:
oDuly notarized SPA in favor of the EAR where the exporter is a natural person or a single proprietorship
oCorporate secretary's certificate designating the EAR as its representative where the exporter is a registered corporation or partnership
-Based on the list endorsed by the accrediting agency AMO shall approve within 7 working days from the date of indorsement.
-MISTG shall activate the EAR profile in the e2m
-Appropriate sanctions and /or penalties such as but not limited to cancellation of CPRS registration may be imposed on the EAR if found to be using the CPRS broker registration for import related transactions.
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