Are You a Deemed Exporter?

Exporting does not always mean shipping a tangible commodity. Software, drawings, manuals, specs, and other intellectual property are exported on a regular basis. Engineering firms, software companies, researchers, manufacturers, and universities need to be aware of the “deemed export” rules. They may be engaged in export transactions without even knowing it. Best practices and due diligence will mitigate the risk of fines and penalties.

Here is some info from the BIS (Bureau of Industry and Security) website:

https://www.bis.doc.gov/index.php/policy-guidance/deemed-exports/deemed-exports-faqs

Contact mitch@adhoclogistics.com for immediate assistance