Live Webinars NAFTA:"Understanding the Rules of Origin and Certificate of Origin Requirements"
01:00 PM EDT | 10:00 AM PDT | 12:00 PM CDT Duration 60 Minutes
Webinar Includes : All the training handouts , Certificate ,Q/A and 60 mins Live Webinar.
March 22, 2017 at 01:00 PM EST | 12:00 PM CST | 10:00 AM PST
Are you obtaining the lowest possible duty rate on your trade in goods with Canada, Mexico, and US? The North American Free Trade Agreement (NAFTA) reduces or eliminates duties on eligible goods traded am;ong these North Ameircan markets. The NAFTA rules of origin were negotiated to determine eligibiligy for favorable treatment under the Agreement and to preclude third countries from obtaining benefits by merely passing goods through North America. NAFTA adopted the same basic origin rule as has governed the 1988 US Canada FTA: goods generally must undergo sufficient processing wit North America to result in a change in tariff classification. In addition, NAFTA provides for a uniform certificate of origin to prepared by the exporter and possessed by the importer when the goods are entered into the importing country. This certifies that a good being exported from one Party into the terroritory of another Party qualifies as a "originating good"
Why should you attend :
This webinar will assist import-exporters in understanding the NAFTA rules of origin and certificate of origin requirements. Understanding NAFTA opportunities and challenges is a an essential element of business strategy not just for US, Mexican, Canadian companies but also Asian and Euroean firms competing for positions in North America. The NAFTA rules of origin and certificate of origin requirements are compliacted, complex, and not well understood. Understanding these rules and how they apply to you will allow your compnay to take advantages of NAFTA benefits to reduce your overall costs. In addition, improperly classifiying potential NAFTA prodocuts can lead to serve fines and penalties
Participants will learn how to properly complete the NAFTA rules and regulations, in order to receive duty free treatment, prevent errors that can result in severe civil/criminal penalties by each countries Customs administration, and preparing for a NAFTA audit.
Understanding NAFTA opportunities and challenges is an essential element of business strategy not just for US, Mexican, Canadian companies but also Asian and EU firms competing for position in the NA space
Who will Benefit
- Those who currently trade in North America
- Those who are considering trading in North America
- Company Compliance Departments
- Import-Export Departments
- Trade Consultants
- Shipping and Logistics Managers
- Chambers of Commerce
- Foreign Trade Agents and Agencies
- Business Development Centers
Industries who can attend
- Fundamental of NAFTA;
- How do you take advantage of NAFTA to obtain duty free treatment for your NA trade?;
- What is the intent of the NAFTA rules of origin?
- What is the appliable rule of orgin for your products?;
- How do you complete the Certificate of Origin?
- Record Keeping Requirements;
- Questionnaires, verfifications,audits.
- Penalties for improperly completing the Certificate of Origin.