So you have just cleared your first shipment into the US. Upon receipt of your invoice, you notice an additional charge that does not equal the original expenses you had expected. When you inquire, the US custom broker explains that every shipment into the US is subject to MPF. In this blog, we will explain what MPF is, when it is applicable, and how it is calculated.Learn More
Merchandise Processing Fee (MPF) | So you have just cleared your first shipment into the U.S. and the prospects for increasing exports to the U.S. are high; your business plan is coming together.
You have made your sale, shipped the goods to your US buyer, and the shipment is on its way to the border. Then, without warning, the goods are stopped at the port of entry, and the customs broker requests an IRS number. At this point, you are likely wondering what an IRS number is and why it is needed. To help you understand, let's dive into this scenario a little deeper.
Importing a motor vehicle into the US can be difficult. However, we have broken down the process into three steps for those who want to engage in this venture independently.
US Customs and Border Protection (CBP) requires an entry bond when goods are imported. There are two types of entry bonds: continuous or single entry. Both bonds guarantee that any fees owed to Customs and Partner Government Agencies (PGAs) will be paid. The importer or the surety company that sold the bonds must cover the fees.
You may have noticed a few more drink options on restaurant menus and grocery and liquor store shelves; non-alcoholic beverages. Although long-standing brands have held these spots, never before have there been so many options. They are referred to as mocktails, zero-proof cocktails, and contain little to no alcohol within them but all the flavor of favorite bar go-tos. With so many of these businesses opening up shop in Canada, and increasing demand, exporting to the US may be the next step of your commercial growth strategy.
Summer is in full swing, which means more reasons to travel, and what better way to do just that than with an RV escape to the US? Although Canada and the US share one of the world's most significant and robust relationships, recreational travel for Canadians could be subject to secondary inspection when going through Customs clearance.
Upcycled goods have generated increased interest over the past few years as more consumers and businesses seek ways to reduce waste
The US has many trade programs and agreements with numerous countries worldwide. With 15 Free Trade Agreements (FTAs) in place, there is ample opportunity for businesses to find benefit in these programs. Free trade agreements allow qualifying goods to be imported at a reduced rate and, in some instances, a duty-free rate, should they meet the eligibility requirements.
Craft beer, wine, distilled spirits, cider, whiskey, malt beverages
Phones, computers, circuit assemblies, monitors, power units
Medical devices, bandages, masks, wheelchairs, ventilators and other related items
Wood furniture, wood products, manufactured wood products, tables, beds, or wardrobes
Fresh produce items such as bananas, kiwis, grapes and mangoes etc.Learn More