Importing a Boat Under Company Name
- Thread starter Shank
- Start date
I have imported my Wellcraft from New York State without any issues. Didn’t have to pay New York State taxes thou. All I can say is if it’s boat and trailer you’re bringing in, then have the dealership/owner make out 2 bills of sales. The customs likes 2 bills of receipts and makes the paper work of importing easy and that’s where I paid the taxes on the value of boat and trailer. They took total value spent in US funds converted to Can funds and the taxes was paid there.
As for registering it went all under my name for personal use after getting it home.
I even brought it home without a licence plate or a trip permit ( if that’s allowed ) until I got it home without any issues.
This was at the border crossing in Gananoque
As for registering it went all under my name for personal use after getting it home.
I even brought it home without a licence plate or a trip permit ( if that’s allowed ) until I got it home without any issues.
This was at the border crossing in Gananoque
Bringing an item or boat into Canada for personal use isn't all that difficult but when importing anything commercially, it's a huge can of worms. Even simple things get complicated. I would suggest contacting a broker to help out with it.... I have used Peace Bridge Brokerage before and it wasn't too bad. As @Three Bouys boys suggests though, get separate bills of sale for the trailer, the boat, and they motor since they are all taxed differently.
Thanks guys for the input. I did bring my last ranger home from the US 10 years ago but figured it was much differently commercially. Now after researching, it appears as though it will be the same process. Stop at US customs with title, bill of sale and then stop at Canadian Customs for importation purposes. Through all the literature I still can't find definitive info saying I'll pay hst at the border or not. I've heard many people on both sides when Importing.
On the bill of sale I will have my company name as the purchaser with my own personal name as the co purchaser. This is the same way it's done when buying a truck under your company name.
I do get your suggestion for separate bill of sales however I fully suspect a single bill of sale with itemized pricing for the boat, engine and trailer should do the same thing. One person told me that the engine isn't taxed. Has anyone else heard this.
Any follow up points or thoughts are welcomed.
Thanks again.
On the bill of sale I will have my company name as the purchaser with my own personal name as the co purchaser. This is the same way it's done when buying a truck under your company name.
I do get your suggestion for separate bill of sales however I fully suspect a single bill of sale with itemized pricing for the boat, engine and trailer should do the same thing. One person told me that the engine isn't taxed. Has anyone else heard this.
Any follow up points or thoughts are welcomed.
Thanks again.