A Non-Resident Importer (NRI) is considered any company that is registered to import into Canada but is not a registered Canadian company with a presence in Canada. It is recognized by the Canada Border Services Agency (CBSA) aka Customs that the global trade community wants to be able to access the Canadian marketplace without burdens of customs clearance being placed onto the buyer. As the B2B commerce expands to B2C the requirement to become NRI has risen, not just in Canada but around the world.
Conducting business as a NRI to Canada provides you the means to control movement and costs associated with those shipments from order to delivery. Costs such as customs clearance, duties and taxes can be the deciding factor between losing or sealing a deal. If this meets your business requirements then setting up as a Non-Resident Importer (NRI) with CBSA may be the perfect option for you.A company should ensure they understand all risks and costs associated with being a NRI to avoid surprises later. Working with an experienced and knowledgeable company, such as The OC, will make sure the process is seamless as it is intended to be. The process is not complicated but does need to be understood to ensure that all registration, regulations and documentation are in place prior to importing. Contact The OC for more information and support on your NRI pathway.