Certificates of Origin

The certificate of goods origin is the established-form document confirming the country of goods origin. It is issued by the competent body of the exporter’s country. The certificate of goods origin testifies that the goods are in compliance with the requirements of the country where they are directed to and entitles for some preference in the importing country.

As a rule, the customs authorities require the Certificate to exercise tariff and non-tariff measures for regulation of import of the goods to the importing country territory. The certificates of goods origin may be also required by banks, for example, when the parties, to provide settlements for foreign trade transactions with imported goods, stipulated in the letter of credit the necessity of presentation of such documents..