What is a Certificate of Origin?
A Certificate of Origin is a document used in international trade that identifies the origin country of the goods being exported. It is a mandatory document required by various country customs. A Certificate of Origin is issued by a Chamber of Commerce when a shipper attests that the goods have been wholly produced, manufactured or processed in a particular country.
There are two types of Certificate of Origins:
Preferential – This type of Certificate of Origin is for exporting to countries that extend privileges (reduced tariffs or exemptions) for goods from specific countries. This may be needed for custom’s requirements, a buyer’s request, or Letters of Credit.