A Certificate of Origin (COO) is an essential document in international trade that certifies the country in which a product was manufactured or processed. This document is crucial for customs clearance and trade compliance, ensuring that goods meet the specific requirements of the importing country.
Customs Clearance
The COO helps customs authorities determine the duty rates and eligibility for preferential trade agreements.
It is a key document required for the importation process.
Trade Agreements
The COO allows businesses to benefit from trade agreements that reduce or eliminate tariffs on goods from certain countries
Used for goods that do not qualify for any preferential treatment.
Provides standard information required by customs authorities worldwide.
Used for goods that qualify for reduced tariffs or preferential treatment under trade agreements.
Examples include the CARICOM Certificate of Origin and the EUR1 Certificate.