Cole Blog

Maintaining Your Records

Compliance

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.

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Certificates of Origin

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).

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NAFTA Update - May 2018

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.

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Importing Vehicles into the U.S.

Bringing a vehicle into the U.S. involves several steps and – most of the time – payment of duties and taxes (much like importing a vehicle into Canada, which was explained in a previous blog).

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.

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General Average – Are you covered?

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.

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Blog Posts

Maintaining Your Records

Compliance

Certificates of Origin

NAFTA Update - May 2018

Importing Vehicles into the U.S.

General Average – Are you covered?

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