9
Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Embed Size (px)

Citation preview

Page 1: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Mechanics of ExportingCertificates of Origin

presented by Amanda Barlow USCIB Export Expo

December 10, 2013

USCIB Trade Services

Page 2: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

What are Certificates of Origin (COs)?

USCIB Trade Services

Page 3: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Certificates of Origin (COs) International trade document Confirms origin of goods being exported Required third party verification of Origin:

Geneva Convention 1923 Two types :

Non-Preferential: standard rules of origin and duty Preferential: Free Trade Agreements

USCIB Trade Services

Page 4: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Why are COs needed? May be required by customs authority of the

importing country: Preferential duty rate Standard import requirement for entry

May be required by a financial institution to comply with the terms of payment Letter of Credit Bank Payment Obligation

USCIB Trade Services

Page 5: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Demystifying COs COs DO NOT need to be notarized NOR do they need a raised seal May be issued for goods of non-U.S. origin Multiple origin on one CO is acceptable Paper forms are NO LONGER the only way to

present a CO Third party endorsement required FTAs: NAFTA and KORUS

USCIB Trade Services

Page 6: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Why USCIB eCOs? Trusted provider of export documents for over

40 years: ATA Carnet Strong international recognition and trade

documentation network Active member of the World CO Task Force Compliant with the CO Guidelines of the

International Chamber of Commerce: Standard UN layout Third party verification Applicant authentication

USCIB Trade Services

Page 7: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Why USCIB eCOs? Full electronic processing and delivery

Eliminate messenger costs and administration costs Reduce errors Provide fast turnaround

Types of origin verification Made in USA Exporting non-U.S. products Global supply chain Forwarders, brokers and

agents can apply

USCIB Trade Services

Page 8: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

How To Get Your eCO Online applications only: www.CertsOfOriginUSA.org U.S. corporations with Federal ID numbers eCO applications must be accompanied by a

commercial invoice We will certify additional documents that support

the CO Supply supporting

documentation for a CO

one of two ways

USCIB Trade Services

Page 9: Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services

Contact

THANK YOU

Amanda Barlow

Director, MarketingCarnet and Trade Services Department

[email protected] or 212.703.5078www.CertsOfOriginUSA.org

USCIB Trade Services