Importing raw materials or goods is no small task; from creating a business plan to knowing the labelling needs as well as understanding the regulations and laws, there are many things to consider when importing stuffs into Canada. If you own business in Canada or want to order online or want to import goods such as hand-crafted materials, computers, electronics, furniture, or toys, here’s everything you need to know about importing into Canada. If you’re looking for similar services, this article can guide you through the process involved.
Be prepared and seek advice
There is a lot of uncertainty surrounding the import industry, due to commercial conflicts, traffic barriers between nations. However, with the help of experts and certified customs agents, you can easily do any kind of international transactions. You need to collect as much details as possible about the goods or materials you want to import. Get product samples, product composition information, description, so that it’s easy to obtain the tariff classification and rate of duty on the imported stuffs.
Get a business number
Before importing stuffs to Canada, as an individual or business owner, you should get a business number issued by CRA (Canada Revenue Agency) for an export/import account. You can obtain this account at the free of charge in a matter of minutes. You can visit CRA’s online website or call them to register for a BN. This business number is also used for key government revenue programs like service tax, corporate income tax, and payroll deductions, etc.
Though no licence is needed to import most stuff to Canada, you should ensure that the goods can be legally accepted. Some ‘controlled products’ may be subjected to a quantitative import quota or restriction, and need a permission for importation. Some of these goods are endangered wildlife, ammunition, certain agricultural products and specific metals. If you’re importing tobacco or alcohol, it’s suggested that you verify with the authority in your territory or province.
Hire a customs broker or agent
You may feel exhausted preparing all kinds of documentation details on own and hence, it’s better to get the work done through the licensed customs agents or broker, who can handle everything from accounting documentation, valuation, to payment of taxes and duties.
If you need help in importing goods into Canada, Clearit customs consulting can assist you. You can take a look at the website to know about the various services being offered.