Your GSP – Company Registration Process
The first step in CARM is to register your business with the CBSA. Once you have registered, you will be able to import products to Canada and view your CARM account online.
Once you have registered, you must have all the necessary documents to import goods into Canada. This includes commercial account declarations (CCDs), an import program account extension, and a Business Number. If you do not have these documents, you will be prohibited from importing products to Canada.
CARM is the first cloud-based environment used by the CBSA and it will have a direct impact on the way businesses import goods to Canada. To ensure a smooth transition, it is crucial to register for the CARM Client Portal.
The CBSA’s Assessment and Revenue Management project aims to simplify and modernize existing import accounting and data management systems. The goal of CARM is to reduce redundancy by empowering importers to manage their own trade activity and improve compliance with trade rules. CARM will also improve border security. CARM’s first two releases will be implemented in 2021. The third will be a much more extensive version of CARM. In addition to the new client portal, CARM will also replace B3 Customs Coding.
CBSA is extending the deadline for implementation of CARM by a year. Originally scheduled for implementation in spring 2020, the new system will not be implemented until January 2023. The delay is due to the challenges that the COVID-19 pandemic is placing on the business community. In addition, the time required for CBSA to implement new changes to CARM is still important. The CADEX system will be decommissioned after its Spring 2021 release.
The CBSA will replace current B3 forms with CAD and make payment due dates more consistent across transactions. Additionally, the system will make account information correction and adjustment easier. The RPP will also be revised and importers will need to post financial security before participating in the program. To get started, Farrow recommends establishing a Business Account Manager to manage your CARM account. They will have the access to the CARM Portal account when the importer is not available.
After passing through customs, there are a few steps that must be completed before moving on to the next step in the CARM Client Portal Release 1 process. As a result of this, the personnel who are responsible for accounting will need access to the portal in order to complete post-customs-related tasks. On the other hand, employees whose primary responsibilities include working in supply chains and logistics will have a reduced requirement for portal access. However, in order to properly delegate particular responsibilities to particular members of staff, it will be necessary to take into account the relevant logistical considerations.
Using a GCKey, which is a one-of-a-kind electronic credential that is issued by the Government of Canada, enables users to gain safe access to online government services. This access can be obtained by clicking here. In order for users to gain access to the CARM Client Portal, they will first need to register for GCKey through one of the enabled services.
