As posted in the Federal Register, US Customs has proposed changes to its Importer ID Input Record (CBP Form 5106) to gather additional information about an importing company and its officers. The 5106 form, which is filed with an importer’s first formal entry, enables CBP to “make an informed assessment of risk prior to the initial importation…” The new data sought on the form “will provide CBP with a greater knowledge about the company and its previous business practices.”
US Customs is seeking comments that address whether the proposed 5106 changes will comply with the Paperwork Reduction Act of 1995. And in that regard, the trade is preparing to comment. For example, according to John Pellegrini, Customs Counsel for the United States Fashion Industry Association:
The major change in the form is to require much more information about the company and its officers. Specifically, the form requires personal information (SSN, Passport No., etc.) for those officers who have importing and financial business knowledge of the company and the legal authority to make decisions on behalf of the company. This information is not required on the current form.
Other new information required includes the D-U-Ns number, the company’s primary banking institution, the state or country in which the company was incorporated and a unique identifying number for the appropriate Certificate of Incorporation.
Comments on the proposal are due on or before December 8, 2014.