Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a NON RESIDENT IMPORTER?

importer resident
0
Posted

What is a NON RESIDENT IMPORTER?

0

A non-resident importer, aka NRI, is a company located outside of the importing country, acting as the “Importer of Record”. They are then responsible for the duty, taxes and any other disbursements paid upon importing. Many of the retailers in Canada insist that their U.S. supplier’s ship to them delivered duty paid (DDP). This means the seller prepays the Canadian import duty, tax and ancillary costs. To do this, the U.S. Supplier registers with the Canadian government to become a Non-Resident Importer. This program was developed to specifically assist U.S. sellers access the lucrative Canadian market on a level playing field with Canadian domestic sellers. Becoming an NRI makes it possible to successfully compete for market share since Canadian purchasers then find it as easy and cost-effective to buy from the U.S. as from a Canada. Contact us clientcare@crossborder.net and we will help you get setup.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123