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The CPTPP expands with the UK joining and the importance of the Specific Certificate of Origin procedure

The CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) is an economic partnership agreement involving Pacific Rim countries, including Japan.
The UK will join in December 2024, expanding the membership to 12 countries.

Further market expansion is expected, with several countries, including Costa Rica, China, and Taiwan, hoping to join in the future.

Exports of agricultural, forestry, and fishery products and industrial products from Japan to CPTPP member countries have grown particularly rapidly, and an increasing number of companies are feeling the effects of tariff reductions.

The importance of a Certificate of Origin

In order to receive preferential tariff treatment under the CPTPP, it is necessary to prove that the product in question is an "originating product" under the agreement. The certification procedure for this is the "Certificate of Origin."

Based on the rules of origin, we determine whether the product has been processed in Japan and whether it meets the added value standards.

By attaching a Certificate of Origin when exporting, you can receive preferential treatment such as reduced or exempted customs duties.

Recent trends and points to note

Because the CPTPP is a self-reporting system and not a third-party certification system (application to the Japan Chamber of Commerce and Industry), there are some points that you need to be careful about.

Complexity of judgments and certificates

As the number of member countries increases, the content of the agreements and rules of origin (raw material ratios, additional processing, origin calculation methods, etc.) differ between each country, making it more complicated to determine which rules of origin apply.
Furthermore, regulations are revised and updated from time to time, so it is important to keep up to date with the latest provisions.

We keep up with the latest legal changes and assist you in the appropriate procedures.

Strengthening risk management and compliance

Incorrect application information or falsified country of origin may result in additional customs duties and penalties.

Therefore, it is necessary to thoroughly record and store the supporting documents (source of raw materials, processing process, purchase price, etc.) for certification.

We will support you in creating a system that will allow you to smoothly respond when probate is required, such as determining the documents that need to be stored and the storage period.

For assistance in obtaining a CPTPP Certificate of Origin, please contact Support Administrative Scriveners Corporation

Because it is a self-reporting system, many businesses are concerned about whether they have all the necessary documents and whether the information is accurate.
We will support you in creating a system that allows you to proceed with exports with peace of mind by following the appropriate procedures based on the provisions of the agreement.

If you have any questions, please contact us.

    Author: Ishikura

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