According to A2 of the Incoterms rules, the seller is in charge of export formalities and related costs, even if they have to be fulfilled after delivery has taken place, usually at an inland point prior to the passage of a boarder.

Incoterms can be used for domestic trade, for trade within a custom union, or for international trade concerning any country in the world. In case of trade between a party from a EU member state and the UK party after Brexit, a UK party would be a non-EU company and different formalities would apply...

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Export/Import transactions require a contract of sale. Reaching a sales agreement involves a flow of form documents between an exporter and an importer. The sales agreement (or contract) may be a single document or may be created by an exchange of form documents between the parties to the trade. The...

As is One way to use the model contract is to use it "as is". The trader simply fills in the spaces provided for specifying the contract details: buyer/seller, description of goods, price, payment method, delivery and dispute resolution (among others). As reference Another option is to us...

FAS Free Alongside Ship "Free Alongside Ship" means that the seller delivers when the goods are placed alongside the vessel (e.g., on a quay or a barge) nominated by the buyer at the named port of shipment. The risk of loss of or damage to the goods passes when the goods are alongside the...

The Incoterms® rules can be incorporated into contracts by simple reference, e.g. 'FCA 38 cours Albert 1er, Paris, France, Incoterms® 2010

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The Incoterms® rules are found in international sale contracts and any of the common documents that may evidence such contracts, such as a pro forma invoice or purchase order. The legal nature of the Incoterms® rules is frequently misunderstood. The Incoterms® rules are creatures of contract, not le...

The Incoterms® rules are standard 'trade terms' used in international and domestic sale contracts to allocate certain costs and risks between the seller and the buyer. The best-known and most widely used of the 11 Incoterms® rules are FOB and CIF (sometimes also spelled f.o.b. or c.i.f.), but severa...