Do you
know what a carnet is? Chances are you do not, but that does not mean you and
your business will not need one at some point. We have been providing the sales
industry, the media, as well as sports and entertainment organizations with
nearly 4,000 carnets a year to help them bring their goods across international
borders duty-free and tax-free. Just as every Canadian travelling out of
country needs a passport, equipment and goods often times need one as well.
What
can you carry with a carnet? Goods temporarily imported on a Carnet must
qualify under one of three categories:
- Commercial samples
- Professional equipment
- Goods for presentation or use at
trade fairs, shows, exhibitions or similar events
What are the benefits to using a carnet when doing business internationally?
- It can be used in 78 different
countries
- Virtually all goods are covered with
a carnet, except consumable or disposable items
- Once a carnet is issued, it is good
for a whole year
- You can use a carnet multiple times
- A carnet replaces most custom
documents
- Having a carnet streamlines the
process of clearing customs
- Purchasing a carnet is always in
Canadian currency
- Applying for a carnet can easily be
done online
The Canadian Chamber of Commerce, as is the Canadian national guaranteeing organization, has been issuing carnets since 1972. To find out more about this service, click here.