Federal Programming

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Duty Relief Program

Relieves the payment of duties on imported goods that will eventually be exported either in the same condition or after being consumed, expended or used in processing other goods. This can have significant cash flow benefits for Island manufacturers.

Exporter of Processing Services Program

Qualifies companies to import goods belonging to non-residents without paying GST/HST as long as these goods are imported for processing, distribution or storage and are subsequently exported.

Customs Bonded Warehouse

Companies participating in the Customs Bonded Warehouse Program qualify for complete deferral of duty and taxes. When goods exit the warehouse, taxes are applicable. If goods are re-exported, there are no duties or taxes. The definition of a ‘warehouse’ is quite broad. It can be part of your office building, a stand-alone facility, or even a hotel conference room, and can be located anywhere within the FTZ Point – e.g. anywhere on Vancouver Island!

 

Export Distribution Centre Program

Provides relief of cash flow cost incurred by export businesses that add limited value when processing or distributing goods such as relabeling, repackaging, assembling or disassembling, inspecting, cleaning, etc. This especially benefits companies, for instance, that are importing goods and/or acquiring goods in Canada without paying GST/HST as long as the goods are later exported.

What We Do

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Foreign Direct Investment

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