The Importance of Certificates of Origin in Cross-Border Trade: An Overview

• A Certificate of Origin (CO) is a formal document that shows where a product was manufactured.
• COs are required for most cross-border trade agreements and have become more important since Brexit.
• COs determine if goods are eligible for import and if they are subject to duties.
• Customs officials expect the CO to be a separate document, signed and stamped by a Chamber of Commerce.
• COs can be in paper or digital format and must be approved by the Customs Authority.
• Non-preferential COs indicate that goods do not qualify for reduced tariffs.
• Preferential COs prove that goods qualify for reduced import duties.
• Legalised COs have additional authentication to demonstrate their authenticity.
• Certified COs are reviewed and compared to trade agreement requirements for compliance.
• EUR1 certificates confirm that goods originate in the EU or a partner country for reduced import duty.
• COs typically include information about the manufacturer, country of origin, exporting and importing agents, and description of the goods.

Source: marcusward.co

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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