Are you an international or US based business Exporting to Canada? Selling to Canadian customers or retailers? Allow ITN’s specialized Non-Resident Importer (NRI) Program to customize a tailor-made solution to your specific market needs.
Our NRI program is the best way to increase profitability, visibility and reliability in bringing your goods to the Canadian market. ITN will navigate and simplify complicated tax levels, customs classification and clearance hurdles and supply chain requirements. Ultimately this means that your business will be more competitive and desirable in the Canadian marketplace.
Through our NRI program your company will become the Importer of Record into Canada – allowing your sales to resemble and compete with any and all domestic organizations. As a registered NRI your company will reside outside of Canada but can operate as both the importer and exporter of record within. This is ideal for companies that sell or ship directly to Canadian consumers, businesses and retailers (both traditional and e-commerce).
ITN will interview each prospective company and in the on-boarding process identify and customize a plan that works on three key challenges facing all businesses importing into Canada:
- Customs: Our Certified Customs Specialists will review your product database and assign the appropriate Harmonized (HS) code for each item or sku. The HS code will determine your duty rate. For current importers, we can perform a contingency audit to ensure you’re currently not overpaying duties.
- Taxes: The national Goods and Services Tax (GST) is a flow-through tax affecting almost every imported good and all importers must pay this 5% tax. However, as an NRI you will receive a 9-digit GST number that will entitle you to an input tax credit of equivalent value. Additionally, if required by the Canada Revenue Agency (CRA) we can assist Non-residents acquire GST Security Bonds through our Surety company.
- Geography: Canada is a large country and becoming an NRI eliminates the need for building and maintaining a costly physical presence. ITN’s network of branch offices across North America can handle any and all supply chain requirements: full EDI capabilities, order fulfillment, warehousing, pack and pick with full RF scanning capabilities and cross-dock consolidation.
ITN’s NRI program will allow you to control the final landed cost of goods, offering your clients an all-in price consistent with the domestic competition. This eliminates confusion surrounding clearances and customs for your customer and provides a more shopper friendly experience. Whether your client is a large retailer, a small business or final e-commerce customer, ITN will create a seamless process that will allow you to focus on growing your sales and market share in Canada.