ATA Carnet

By: Kelli Milianti, ATA Carnet Manager, Roanoke Insurance Group Inc. When shipping goods for temporary importation and re-exportation, businesses must select a form of security to meet customs requirements. Most often the cargo owner faces the choice between using an ATA Carnet with a carnet bond or a Temporary Import Bond (TIB). Each option has its advantages, but the ATA Carnet generally offers more streamlined benefits for international trade. Benefits of an ATA Carnet 1. Cost Savings: ATA Carnets eliminate duties and value-added taxes (VAT) when goods are re-exported within the validity period, reducing financial burdens[1][2][3]. 2. Simplified Customs Procedures: […]

Handling temporary exports can be complex, and calculating ATA Carnet costs shouldn’t slow you down. That’s why we’ve introduced our ATA Carnet Cost Calculator—a simple, user-friendly resource designed to provide instant, accurate cost estimates tailored to your shipping needs. Our ATA Carnet team is very excited about this innovative tool. ATA Carnet Manager Kelli Milianti shared her enthusiasm, stating, “We are delighted to launch our new online Carnet Calculator, which simplifies the estimation process and delivers fast, precise quotes that will enhance customer satisfaction. This digital solution provides an easy and clear method for obtaining quotes customized to your unique […]

As the Olympic flame burns brightly, athletes from around the world gather to compete in a showcase of human achievement and global unity. For freight forwarders, the Olympic Games represent a unique opportunity to play a crucial role behind the scenes, ensuring that equipment and goods cross international borders seamlessly. The key to this success? The ATA Carnet—a vital tool in the freight forwarder’s toolkit that makes international shipping for temporary imports a breeze. What is an ATA Carnet? The ATA Carnet is an international customs document that provides duty and tax-free customs clearance for temporary exports into foreign countries. […]

In an era where digital transformation is not just a buzzword but a necessity, Roanoke, in collaboration with Rock-it Global, has taken a monumental step forward. We are thrilled to announce our participation in the issuance of the first electronic ATA Carnet, also known as the e-ATA Carnet. This groundbreaking achievement, conducted in partnership with the United States Council for International Business (USCIB) and Rock-it Global, marks a significant milestone in the evolution of international trade and logistics. The e-ATA Carnet represents the digital future of international trade facilitation. As a digital alternative to the traditional paper carnet, it simplifies […]

We’re thrilled to share a significant milestone in the world of international trade and temporary goods movement. Starting April 30, 2024, Peru will officially adopt the ATA Carnet system, becoming the 80th country to facilitate smoother, duty-free exchange of goods for up to one year. This development positions Peru as the third Latin American nation, following Chile and Mexico, to embrace this innovative customs solution. The ATA Carnet, often dubbed the “passport for goods,” is a crucial instrument for businesses engaged in international trade, especially those involved in exhibitions, fairs, and similar events. It allows for the temporary import and […]

As of May 1, 2022, Vietnam has become the seventy-ninth member country to accept ATA Carnets for the temporary, duty-and tax-free importation of various types of goods, per an announcement provided by the United States Council for International Business (USCIB). USCIB Senior Vice President and Chief Financial Officer Declan Daly, said, “ATA Carnets will allow American and other foreign companies to explore the market and conduct business deals with the country, while enabling Vietnamese businesses easier access and exploration to the U.S. and other global markets.” Dating back to the start of the U.S. – China “Trade Wars” of 2019, tariffs […]