What is a Non-Resident Importer?
A Non-Resident Importer (NRI) is an American company, who, in most cases, does not have a physical presence in Canada. The NRI acts as the importer of record for goods sold/consigned into Canada for the purposes of Customs and GST/HST. As an NRI, you will relieve your Canadian Customers of the responsibilities of importation, making it easier for them to buy from you.
Benefits of being a Non-Resident Importer
- Create a domestic environment when selling in Canada
- Sell on a delivered price basis (DDP-Deliver duty paid) which will resemble a Canadian domestic transaction for the Canadian customer
- Manage your landed costs and your customer’s fixed purchase price
- Remove the border and increase sales to your Canadian customers
- Single Customs Broker –eliminate communication with multiple brokers
How do I become a Non-Resident Importer?
- There are a number of considerations to take into account when looking at becoming an NRI.
- Our team of experts will guide you, and manage the process from day one until the go-live date.
- We will work with, and educate your finance department on pricing models, regulatory compliance and how to manage the import duties and taxes.
Why Consider the Non-Resident Importer Program?
Ease the trade process for your Canadian Customers – Being an NRI means your Canadian customers do not need to be involved in the import process. Doing business with American NRI companies becomes as easy as purchasing products from a Canadian company.
Increase your competitive advantage – The NRI program puts you on a level playing field with Canadian companies and gives you an advantage over your American competitors.
Improve shipment control – As the exporter and NRI you control the shipping process door-to-door. Consistent clearance processing minimizes customs delays and improves the timely, efficient delivery of your product.
Expand Your Market Reach into Canada – American companies that participate in the NRI Program, are able to increase their market share in Canada and compete more effectively with Canadian companies and American competitors.
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