Blog Posts

 

 

Customs compliance is an essential part of every import business. Being compliant means being aware of – and abiding by – the laws and policies regulating imports and exports. Savvy importers adopt comprehensive company-wide compliance practices and keep on top of regulatory changes to adapt as necessary.

 

A certificate of origin is a legal document that certifies a product’s country of origin. Certificates of origin (COs) are needed to assess the correct duty and to qualify imported products for reduced duty under free trade agreements (FTAs).

Canada, the U.S. and Mexico – neighbours who trade more than $1 trillion per year among them – have been negotiating since August to rework the North American Free Trade Agreement.

 

 

If the vehicle will stay in the U.S. for more than 365 days, if it’s a permanent move, or if the vehicle is imported for commercial use, the owner must import the vehicle immediately upon entering the U.S.

 

When you ship by sea, cargo insurance is a must. Even if your shipment seems indestructible… isn’t travelling far… or isn’t very valuable, insuring oceangoing goods is always recommended.

 

Without insurance, you could be on the hook for a significant charge if a General Average is declared.