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Customs&ExciseBonds 

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Smooth Cross-Border Operations with Tailored Surety Bonds

To conduct customs or excise-related activities in Canada, certain businesses are required to provide a surety bond mandated by the Canada Border Services Agency (CBSA). Whether you’re an importer, exporter, warehouse operator, or involved in the processing of exciseable goods, this bond is often a prerequisite for obtaining or maintaining your operating license.

A customs or excise bond serves as a financial promise to the government: it ensures that you will comply with customs regulations, pay applicable duties and taxes, and fulfill your administrative obligations. It protects the state against defaults or irregularities and allows your business to operate in full compliance without interruption.

Partnering with the experts at J. Gérard Fortin & Associates ensures you obtain a surety bond that meets CBSA requirements and is perfectly suited to your industry. We assist you at every step to secure your operations and facilitate your regulatory processes.

Choosing the Right Customs or Excise Bond

Selecting the appropriate bond depends on the type of activity you engage in and the obligations imposed by the CBSA or the Excise Control Service. Our experts will guide you to the bond that precisely meets government requirements while considering your business profile.

Common Types of Customs and Excise Bonds :

Importer Bond (Customs – Form D120)

Required for businesses wishing to import goods and release them before paying duties and taxes. This bond ensures that amounts owed will be paid and that regulatory requirements will be met.

Licensed Warehouse Bond

Required for businesses operating a bonded warehouse or excise warehouse. It guarantees that stored goods will only be released in compliance with applicable laws and that all tax obligations will be respected.

Excise License Holder Bond

Used by manufacturers or processors of exciseable products (alcohol, cannabis, tobacco, etc.). This bond covers the payment of excise duties and compliance with license-related requirements.

Customs Broker Bond

Obligatory for brokers acting on behalf of clients to complete customs documentation and process duties. It ensures that the broker will adhere to fiscal and administrative obligations imposed by law.

Customs Carrier Bond

Required for businesses transporting goods under customs control without duties having been paid. It guarantees that goods will be transported according to authorized procedures, without fraud or diversion.

Frequently Asked Questions

What is the required amount for a customs or excise bond?

The amount depends on the volume of activities, applicable duties and taxes, and the specific requirements of the CBSA. Our experts will assess your situation to determine the appropriate bond amount.

Can I use a single surety bond to cover multiple sites or activities?

In some cases, yes. It is possible to consolidate similar activities under one surety bond, depending on the Canada Border Services Agency (CBSA) criteria. However, this depends on the type of licence or warehouse and the operating conditions. A personalized assessment is recommended.

How long does it take to issue the surety bond?

When the file is complete, the process can be very fast. Thanks to our expertise and network of specialized insurers, we can usually issue a bond within a few business days, or even more quickly for urgent situations.