A Certificate of Origin (CO) is an important international trade document that certifies that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country. They declare the \u2018nationality\u2019 of the product and also serve as a declaration by the exporter to satisfy customs or trade requirements. COs are requested by customs, banks, private stakeholders and importers for several purposes. Almost every country in the world requires CO for customs clearance procedures: when determining the duty that will be assessed on the goods or, in some cases, whether the goods may be legally imported at all. There are two types of COs that chambers can issue:Non-Preferential COs\u00a0which certify that the goods are subject to no preferential treatment. These are the main type of COs that chambers can issue and are also known as \u201cNormal COs\u201d.Preferential COs, which certify that goods are subject to reduced tariffs or exemptions when they are exported to countries extending these privileges. These COs tend to be closely associated with Regional Trade Agreements. Disclaimer Our content is not in any way legal advice or binding. The information provided by might not be the official legal or full definition. Also when pursuing a specific transaction you are encouraged to conduct your own due diligence and to consult legal counsel as appropriate.<\/p>\n","protected":false},"template":"","class_list":["post-20226","logistics_term","type-logistics_term","status-publish","hentry","wpbf-post"],"yoast_head":"\n