Supplementing administrative procedures for granting Certificate of Origin of goods, shortening processing time

(Chinhphu.vn) - The procedures for issuing Certificates of Origin (C/O) have been standardized and digitized. The time for processing documents has also been significantly shortened: 6 working hours with complete and valid electronic documents, 2 hours with valid paper documents and a maximum of 24 hours if sent by post.

The Ministry of Industry and Trade issued Decision No. 1845/QD-BCT on promulgating newly issued, amended and supplemented administrative procedures in the field of import and export - Illustrative photo

The Ministry of Industry and Trade has just issued Decision No. 1845/QD-BCT on promulgating newly issued, amended and supplemented administrative procedures in the field of import and export.

This decision is built on a solid legal foundation, ensuring legality, consistency and conformity with international commitments that Vietnam has participated in.

According to this Decision, the list of administrative procedures applied at both central and local levels has been reviewed and officially announced.

A completely new administrative procedure has been added, which is the issuance of Certificate of Origin (C/O). C/O is a document that plays a particularly important role in export, helping businesses enjoy tariff incentives in free trade agreements.

The decision also amends and supplements 35 current administrative procedures, mainly related to the issuance of C/O under free trade agreements (FTAs). These procedures include preferential C/O forms such as D, E, AK, CPTPP, RCEP, EUR.1 and specific forms such as ICO for exported coffee, DA59 applied to goods exported to African markets.

In addition, procedures for re-issuing C/O, issuing supporting C/O and issuing documents approving self-certification of origin within the ASEAN region have also been adjusted, reflecting the diverse needs of businesses in the context of increasingly complex and multi-dimensional global trade.

In particular, the procedures for granting C/O have been standardized and digitized. Enterprises are encouraged to declare their documents via the Electronic C/O Management and Issuance System (eCoSys). The time for processing documents has also been significantly shortened: 6 working hours with complete and valid electronic documents, 2 hours with valid paper documents and a maximum of 24 hours if sent by post .

Anh Tho

Source: https://baochinhphu.vn/bo-sung-thu-tuc-hanh-chinh-cap-giay-chung-nhan-xuat-xu-hang-hoa-rut-ngan-thoi-gian-xu-ly-102250715100216876.htm