Certificate of Origin (COO)

   
 

From Xmultiple Engineering Dept.


Certificate of Origin

A Certificate of Origin (often abbreviated to C/O or COO) is a document used in international trade. It is a printed form, completed by the exporter or its agent and certified by an issuing body, attesting that the goods in a particular export shipment have been wholly produced, manufactured or processed in a particular country.

A Certificate of Origin (CO) is a document which is used for certification that the products exported are wholly obtained, produced or manufactured in a particular Country. It is generally an integral part of export documents.

The ˇ§originˇ¨ does not refer to the country where the goods were shipped from but to the country where they were made. In the event the products were manufactured in two or more countries, origin is obtained in the country where the last substantial economically justified working or processing is carried out. An often used practice is that if more than 50% of the cost of producing the goods originates from one country, the "national content" is more than 50%, then, that country is acceptable as the country of origin.

When countries unite in trading agreements, they may allow Certificate of Origin to state the trading bloc, for example, the European Union (EU) as origin, rather than the specific country. Determining the origin of a product is important because it is a key basis for applying tariff and other important criteria. However, not all exporters need a certificate of origin, this will depend on the destination of the goods, their nature, and it can also depend on the financial institution involved in the export operation.

Certificate of Origin Issuing Bodies

The certificate of origin must be signed by the exporter, and, for many countries, also validated by a Chamber of Commerce, and in the case of certain destination countries, also by a consulate. Chambers of Commerce offer certificate of origin services, amongst other organizations. Companies may consult the Chamber Directory on the World Chambers Network, the official global portal of Chambers of Commerce dedicated to electronic international trade, to find their nearest chamber who may offer this service.

Certificate of Origin - What it's about?

The Certificate of Origin verifies the country in which the product was manufactured.

The product being exported and its destination country determine if the Certificate of Origin is required. Some countries restrict imports from certain countries, many countries limit the quantity of goods that are allowed to be imported, and some countries give preference to goods manufactured in a certain country.

If your product qualifies as having originated in North America, use the NAFTA Certificate of Orgin for shipments to Canada and Mexico. For more information on determining NAFTA Rules of Origin, go NAFTA's website.

To determine if your shipment requires a Certificate of Origin, we suggest you use the Find International Documents tool on FedExR Global Trade Manager website or call 1.800.GoFedEx 1.800.463.3339 and say "international services." FedEx can prepare your Certificate of Origin for a fee.

What's required on it?

If your shipment requires a Certificate of Origin, one original is required. The descriptions and amounts on the Certificate of Origin must be consistent with those entered on the Commercial Invoice. Most countries accept a generic Certificate of Origin form that includes the following information:


1.The shipper's name and address.
2.The recipientˇ¦s name and address.
3.The productˇ¦s parts or serial numbers.

4.The number of packages, boxes or crates in the shipment.

5.The gross and net weight of the shipment.

6.A complete and accurate description of the contents of the shipment.

7.The country of origin of the contents of the shipment.

8.The completed Certificate of Origin must be validated and notarized by a local chamber of commerce.


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