Growth of Beverage Alcohol Imports Continues, Despite Regulatory Complexities
Importers bringing beverage alcohol into the U.S. face a complex web of state and federal regulations. Despite these complexities, imports continue to be a growing segment of the beverage alcohol industry. BW166’s mid-year update reported 8.8% growth by value of total beverage alcohol imports over the last twelve months.
But with this growth comes challenges. Importers face a myriad of regulations and deadlines that make doing business complex and add tedious, time-consuming processes. Importers need to stay on top of brand registrations, COLA submissions, state requirements, price postings and gallonage reporting, and educate foreign suppliers about U.S. laws.
ShipCompliant by Sovos is the answer.
ShipCompliant by Sovos delivers a centralized platform that automates compliance for importers from start to finish, providing complete visibility and control every step of the way. With always-on access, an intuitive interface and a single, comprehensive database, ShipCompliant eliminates the complexities of compliance, and makes sure importers meet every important deadline. It’s the only solution on the market that offers direct integration with state and federal agencies, backed by Sovos’ team of regulatory experts to ensure that importers have access to the most up-to-date rules, tax rates and forms.
Direct integration with state and federal agencies, combined with a team of regulatory experts, ensure importers have access to the most up-to-date rules, tax rates and forms to minimize risk of penalties and fines.
Manage distributor territories and store licenses, COLAs, registrations, distributor appointments, franchise letters, reports and more in centralized compliance management platform.
Organize, manage and submit state registrations and COLAs from a centralized platform integrated directly with the TTB and state agencies.
Gain Real-time Market Visibility
Stay up-to-date on all active brands, monitor compliance and easily coordinate timelines from import to shelf.
Solutions for Imports
Set your tax and compliance reporting on autopilot and let the ShipCompliant team handle tax and compliance reporting submissions each month.
ShipCompliant Market Ready
Reduce administrative and lost opportunity costs by simplifying compliance processes to quickly and efficiently get products to market.
Save time and legal fees when launching new products and expanding into additional markets, and protect your brand by monitoring all beverage alcohol labels.
Streamline workflows, expedite product registration approvals in every state, and quickly resolve any issues using automated product registration platform.