Certificates of Origin
Certificates of Origin are issued by the millions each and every year, facilitating trade around the world. Through our World Chambers Federation, we represent, advocate and promote the essential role of chambers as experienced authorities in the issuance of Certificates of Origin.
A Certificate of Origin (CO) is an important international trade document that certifies that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country. They also serve as a declaration by the exporter.
Virtually every country in the world considers the origin of imported goods when determining the duty that will be applied or, in some cases, whether the goods may be legally imported at all.
There are two types of COs that chambers can issue:
- Non-Preferential COs, which certify that the goods’ country of origin does not qualify for any preferential treatment. These are the main type of COs that chambers issue and are also known as “ordinary COs.”
- Preferential COs, which certify that goods are subject to reduced tariffs or exemptions when they are exported to countries extending these privileges. COs may be needed to comply with Letters of Credit, foreign Customs requirements or a buyer’s request.
While Chambers are the key agents of delivery of these international trade documents, other bodies, such as ministries or customs authorities may also have this privilege in certain countries.
Through the creation of the Certificate of Origins Accreditation Chain, ICC WCF aims to assist chamber leaders in promoting universal certification standards and processes to better serve chambers of commerce, as well as traders and customs administrations.+