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A unique global solution to take advantage of and manage Free Trade
Agreements
Preferential trade agreements between countries are so plentiful
that trade experts commonly refer to the current global
situation as the “spaghetti bowl of trade agreements”. With
these numerous trade agreements in play, companies are finding
it increasingly complex to determine if and when they are
entitled to duty cost reductions accorded in foreign markets
and, maintaining compliance standards when eligible to those
benefits.
Affimex Customs and Trade Services (ACTS) Inc. developed a
proprietary software solution called Origin Determinator. The
Origin Determinator provides companies with a single software
solution to manage determination of eligibility to duty cost
reductions to all trade agreements which have provisions for a
tariff shift and / or regional content requirement in its rules.
It is noteworthy that the uploading or extraction of data to or
from the Origin Determinator is accomplished using MS Excel.
In addition to determining eligibility to cost reductions, the
Origin Determinator has built-in capabilities to manage
compliance and process requirement for each trade agreement.
This includes:
- Automated preparation and storage of each origin analysis for
future audit by Customs authorities
- Targeting material inputs where certification would be
beneficial to confirming country of origin preferences and
eligibility to duty cost reductions
- Certificate of Origin requests from suppliers
- Certificate of Origin issuances to customers (foreign and
domestic)
- Targeting of Customs drawback possibilities
- Automated analysis of contemplated changes to the supply of
material inputs through the Origin Determinator’s Purchasing Aid
feature
For further information on ACTS’ Origin Determinator software
solution please contact; Syd Martin Tel: 416-675-5635
smartin@actsconsultants.ca
Jean-Yves Gauthier Tel: 514-288-2810
jygauthier@actsconsultants.ca
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