Import-export program account (RM)

The Canada Revenue Agency lists the import and export (RM) account as the program account for importers, exporters, or customs brokers acting on behalf of a client. A buyer of a business that brings goods across the border meets it early, because the account sits behind every shipment. See what licences and permits transfer when you buy a business for the wider question.

How the account works

• The Canada Border Services Agency (CBSA) says a business that imports or exports commercial goods into or out of Canada needs an import-export program (RM) account.
• CBSA says that, as of October 21, 2024, new importers and exporters with a 9-digit business number can register for the account in its CARM Client Portal.
• CBSA says to register well in advance of import or export deadlines, to prevent delays in the release of goods.
• CBSA says account details, such as the name or address, can be changed through the same portal.

What to ask

Ask which legal entity holds the account today and whether the buyer will use the same entity or a new one. If it is a new one, ask CBSA what that entity must register before its first shipment. A related entry is customs broker licence.