In today’s session we will introduce you to the new requirements for Certificates of Origin and EUR1 ‘s and how to complete them.
What is a Certificate of Origin?
Certificates of Origin are international trade documents that show the origin of exported goods. They are completed by exporters and are certified by a Chamber of Commerce.
There are two types of Certificates of Origin, United Kingdom Certificates of Origin which are accepted by most countries around the world and Arab-British Certificate of Origin which are used when dealing with Arab League nations.
When and why do I need it?
Not every country has a Certificate of Origin requirement but for those that do, one will be required to get your goods cleared through overseas customs and to your customer. Even when you are dealing with a country that does not require them, they may be necessary for you to get paid if you are dealing with a Letter of Credit.
Suitable for both new staff and those of you who need a refresher.