FEA services
In St. Petersburg

Registration of foreign economic contract

When drawing up a foreign economic contract for the supply of goods, the following information must be indicated:

- date of the contract, place of conclusion of the contract, name of the parties to the contact (details, including for payments for goods, data on persons acting on behalf of the parties to the contract)

- type of goods with a brief description in the case of a framework contract or a full description (name, weight, volume, quantity, packaging, etc.) in the case of a one-time contract for the supply of a specific batch.

- the price of the contract and / or the value of the goods.

- delivery terms according to Incoterms 2010.


If it is impossible to describe the terms of delivery according to Incoterms, it is necessary to indicate data on agreements between the parties on the following key points:

1. According to the obligations of the seller:

1. Provision of goods in accordance with the contract

2. Licenses, permits and other formalities

3. Carriage and insurance contracts

4. Supply

5. Transfer of risks

6. Allocation of costs

7. Buyer Notice

8. Proof of delivery, shipping documents or equivalent emails

9. Checking - packaging - marking

10. Other responsibilities


2. According to the buyer's responsibilities:

1. Payment of the price

2. Licenses, permits and other formalities

3. Carriage and insurance contracts

4. Acceptance of delivery

5. Transfer of risks

6. Allocation of costs

7. Seller Notice

8. Proof of delivery, shipping documents or equivalent emails

9. Inspection of goods

10. Other responsibilities:

- Kind of transport

- Payment terms

- Contract amount

- Quality assurance of goods, rules for complaints

- Preferred Arbitration, the legislation that will govern the parties in resolving disputes (applicable law)

- Contract duration

- Other conditions that the client wishes to reflect in the contract