Certificate of Origin
General Certificate of Origin (CO)
background introduction:
origin CO, also known as the general certificate of origin, is a certificate of origin. The CO certificate of origin is presented at the time of import customs clearance. Only on the premise that the two countries have signed the most-favored-nation treatment, and the CO general certificate of origin is presented, the goods can enjoy the most-favored-nation tax rate.
B. Role:
(1) an important tool to determine the tariff treatment of products and improve market competitiveness;
(2) the basis for proving the intrinsic quality of the product or the settlement of foreign exchange;
(3) Basis for conducting trade statistics
(4) Differential quantity control in importing countries of goods and tools for trade management
China-South Korea Free Trade Area (China-Korea FTA)
A. Background:
certificate is "CERTIFICATE OF ORIGIN FORM FOR CHINA-KOREA FTA", referred to as China-South Korea certificate of origin or China-South Korea certificate of origin. Starting from December 20, 2015, in accordance with the China-South Korea Free Trade Agreement and relevant provisions of national laws, applicants can apply to local entry-exit inspection and quarantine agencies, China Council for the Promotion of International Trade and its local branches for the issuance of China-South Korea Free Trade Agreement Origin Certificate.
B. Role:
(export goods enjoy preferential tariff treatment in South Korea in accordance with the provisions of the China-Korea Free Trade Agreement (preferential tariffs on imports from specific beneficiary countries