DDP – Delivered Duty Paid
This term means that the seller assumes all the risks and costs of transport (export fees, carriage, insurance and the destination port charges, delivery to the final destination) and pays any import customs/duty. The buyer has only to unload the goods at the final destination.
DDP shipments are becoming more and more popular in Russia as Russian Customs procedures are not becoming easier and more and more Russian importers do not want to import by themselves anymore and oblige their suppliers to find DDP solutions for them.
Often, these suppliers turn to their logistics providers for a solution. Noble House has strategic partnerships with a number of logistics providers and together we can offer tailormade solutions for each Client. Noble House has been dealing with DDP shipments for over 6 years and has developed reliable systems for importing such cargo through our Trading Houses.
Keeping stock in Russia
One of the major obstacles when doing business in Russia is how to deliver your goods to your Russian clients from a foreign country in an efficient and effective way.
This proves to be a challenge for many exporters, especially in the initial phase when you try to build your business.
If the shipment is small or has a low value, the costs for Customs clearance and certification are relatively high and that could easily spoil your deal.
If speedy delivery is required, the only way to guarantee this is to keep local stock in Russia as certification and Customs clearance can take many days.
However, without having your own entity in Russia, this may prove impossible.
Noble House offers you the option to keep stock in Russia without having your own entity.
Our company can act as Importer of Record on your behalf.
Goods can be stored on our territory too, where we have clean, heated and secure storage space available.
We can keep all kinds of goods, except for hazardous materials.
Using our services will enable you to bring larger shipments to Russia, decreasing the overall costs for Customs clearance and certification.
It will also enable you to deliver goods to your clients rapidly, without delays caused by Customs clearance and/or certification.
This option is very suitable if you need to keep stock of spare parts in Russia for warranty repairs or other urgent deliveries.
Also, it allows you for example to keep stock for an internet shop which operates in Russia.
Noble House will take care of all operational and administrative tasks as listed below.
Delivery to the final client
Payment of duties, fees and VAT
Insurance of the goods
We are ready to accept goods under Incoterms FCA or DAP Moscow.