Small business importing guide
For Canadian small businesses, importing goods can be a gateway to sustainable growth, enabling access to products, materials, and markets from around the world. However, these opportunities include the responsibility of managing costs and compliance, particularly when it comes to paying import duties and taxes.
Top 10 Blog Posts of 2024 - Freight rates, boosting ROI, and best practices
As we approach the close of another year, we've curated a selection of our top ten most popular and informative blog posts of 2024. This year, our outstanding posts include blogs about selecting an optimal freight providers, achieving better ROI with logistics and compliance processes, and valuable information about a.
Importing into Canada: Prohibited and restricted goods
Importers ship a wide variety of in-demand goods to consumers across Canada, including products that are restricted under Canadian import law. Incorrectly importing prohibited or restricted goods can lead to serious consequences. Getting compliance right can help you trade restricted - but profitable - goods.
How the Canadian International Trade Tribunal (CITT) protects Canadian traders
Canada imports over $475 billion worth of merchandise annually, so there’s a lot at stake for importers and local producers. When disagreements arise, it’s good to know that the Canadian International Trade Tribunal (CITT) provides an impartial body that helps to enforce important trade laws and regulations that.
CBSA post entry corrections for Canadian importers
Canadian importers can potentially reduce duties paid by submitting post-entry corrections to the Canada Border Services Agency (CBSA), if the importer believes that the original declaration was incorrect. When an import declaration accidentally includes an omission or an error, a CBSA post entry correction can fix.
CBSA post entry appeals for Canadian importers
Businesses and individual importers occasionally disagree with decisions made by the Canada Border Services Agency (CBSA). These decisions can unfairly increase the amount of taxes and duties paid on imports. CBSA post entry appeals provide a way to ensure that you receive a fair ruling on your import taxes and duties.
What importers need to know about the CBSA and CRA
Importing goods into Canada can be a complex endeavor that requires an understanding of key regulations and procedures. Mandatory import processes and the collection of import duties and taxes are managed by the Canada Border Services Agency (CBSA) and the Canada Revenue Agency (CRA) – a pair of agencies among a.
How to reduce import taxes and solve problems with online purchases
Online shopping is steadily rising in every corner of the world. Over 2.6 billion people were shopping online by the end of last year – nearly one third of the world’s population. Importers and shoppers can reduce import taxes and solve problems with online shopping by understanding regulations and their rights under.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
The CPTPP, formerly known as the Trans-Pacific Partnership (TPP), helps to facilitate a variety of opportunities for Canadian importers and exporters. Signed in 2018, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will soon expand to include the United Kingdom, expanding the reach of.
The value of a good customs broker
Successfully navigating through government regulations, compliance requirements, and international trade trends is a top priority for importers. A customs broker serves as a vital source of trade knowledge, providing a high-value service for companies looking to stay ahead of the curve.