Can foreign companies obtain an NVOCC license?

Yes. There are total 5 steps that must be taken to obtain an NVOCC license for a foreign person (i.e. individual or legally created entity). We will help you each step of the way.

Step 1: We’ll first need to set up an unincorporated branch office in the U.S. for you.

Step 2: We will then need to fill out an OTI application form. We will then need to submit it along with supporting documents and the application fee. 

Once an application is submitted, FMC will review the application, documents, and contact references. It will then investigate the applicant. This whole process usually takes between 6 to 10 weeks.

Step 3: When your application is approved, we will need to secure an NVOCC bond.

If you have been approved for an NVOCC license, we will need to secure an NVOCC bond for a minimum amount of $75,000.00.

This will cover the foreign headquarter and one (1) unincorporated branch office in the U.S. that performs OTI services.

Step 4: After FMC issues your NVOCC license, we will need to file a form FMC-1 notifying FMC the location of your online tariff.

Step 5: We will need to file your tariff online.

And that’s it. You are now a licensed foreign NVOCC.

Please note that if you change the qualifying individual or make any other changes that FMC deems material, you must get an amended license. Please contact us if you make any changes to your business, including changes to your business structure, business name, address, and addition or deletion of trade names.