A carnet is an international customs document, much like a passport for goods for sale. If you have merchandise traveling around the world, carnets simplify the entry into temporary ports. This facilitates custom clearance in foreign countries and in the United States. Carnets are good for multiple trips for up to one year.
To apply for a carnet, you need:
- Holder information – who is responsible for the goods and duties and taxes on the goods if they remain in the country.
- Authorized representatives – companies and/or persons who are authorized to present the carnet to customs. Some countries require that the actual person be listed, but others accept a power of attorney or letter authorizing an individual.
- List of goods – a general list of goods that will be traveling under your carnet. You can easily upload an excel file containing the information that’s needed.
- Countries that will be visited by the goods.
- Form of security – generally this is a bond or cash equivalent of a portion of the total value of the goods.
- Power of attorney
- Insurance to cover losses not typically covered under the standard transit policy.
- Fees to cover the carnet fees, set by the U.S. Council for International Business. Fees and premiums must be prepaid to get a carnet.