The Ultimate Guide to Using an Importer of Record Canada
Importer of Record Canada: A Short Guide to Import Commercial Goods Into Canada
Like any other country, Canada outlines a particular set of rules and regulations for importing. Within these regulations, Importer of Record Canada services play a vital role in helping businesses comply when bringing commercial goods into the country. All seasoned IOR providers ensure that clients’ goods and commodities can be imported and delivered to the concerned parties without hassle.
Furthermore, if you are planning to import commercial goods into Canada on your own, you should be aware of the following key steps:
Obtain a Business Number
If you want to import commercial goods into Canada in an individual capacity, then you must obtain a Business Number (BN). It is issued by the Canada Revenue Agency and is required to open both import and export accounts.
Identification of the Shipping Goods
You must provide as much information as possible regarding the items you want to import into Canada. From product composition to samples, detailed information is needed to determine applicable duties. When working with any Importer of Record Canada service, you simply provide this information to them. They will help you secure accurate quotes and understand the applicable tariffs.
Checking CBSA and Government Restrictions
When importing commercial goods into Canada, your shipment is subject to scrutiny to determine whether it is restricted, regulated, or requires a permit from the Canada Border Services Agency (CBSA) or other government departments.
Here, experienced Importer of Record Canada services can advise you ahead of time about any potential restricted items in your shipment.
Determination of 10-Digit Classification Number
When you are certain an item is ready to be imported into Canada, you must determine its correct classification number. However, this number and the item’s country of origin determine the tariff that applies to it. The CBSA trade office can help you determine this number. Therefore, you can also consult any good importer of record IOR service in Canada. They will help in understanding what this 10-digit tariff classification number is.
Report Your Goods
Whether you handle the process yourself or work with a professional IOR Canada service, all commercial shipments must be reported to the CBSA. Seasoned IOR providers typically use the Electronic Data Interchange system or a bar-coded Cargo Control Document to ensure accurate reporting.
With the help of a reliable Importer of Record in Canada service, you can streamline the entire process. From customs pre-approvals to tax refund filings, they handle every detail of the import journey.
