Debt Collection in Russia
NEED TO COLLECT DEBT IN RUSSIA?
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Enforcing Contracts
Pre-Legal Debt Collection in Russia
Legal Action in Russia
- Power of Attorney (POA)
- Abstract of the Trade Register of the Creditor
- Contract
- Invoices
- Packing List
- Proof of Delivery (CMRs waybills, etc.)
- Clearance Documents
- Proof of non-payment (e.g. statement of account)
- Evidence of pre-Trial reconciliantion attempts
- Exchange of correspondence
Why Recoupera
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Some Basic Facts about Russia’s Economy and Import Profile
- Citrus fruit, fresh or dried – HS 0805
- Bananas, including plantains – HS 0803
- Soya beans, whether or not broken – HS 1201
- Unmanufactured tobacco – HS 2401
- Meat of bovine animals, frozen – HS 0202
Rather, for non-agricultural products top imports in 2016 (mln USD) were:
- Medicaments in doses – HS 3004
- Machinery, plant equipment – HS 8419
- Motor cars for persons transport – HS 8703
- Parts of motor vehicles – HS 8708
- Radio-telephony transmission tools – HS8525
How to Export to the Russian Federation
Shipping products to Russian importers needs you to follow specific procedures and documentation. Some documents you need are:
- Commercial invoice (include the HS code in case the product needs special licensing)
- Packing list
- Transport Documents
- Declaration for Import
- Sales Contract
- Import licences by the importer
In addition, if your products are subject to codes and regulations you need a certified translation that in most cases costs quite a lot. This site provides all possible codes translations into Russian at a very affordable price. They claim their Regulatory Library is currently made of 220,000 regulatory documents all with certified translations. Also, there are some products specifically prohibited in Russia that you can check on the Russian Federal Customs Service or on the Eurasian Economic Commission website.
If you want to find out more, several resources are available and can help you uncover specific information. The EU Trade Commission provides an overview of import procedures for the Russian Federation. Further tips on how to trade with Russia are available on globaltrade and are the result of contribution by the UKTI, HKTDC and the US Department of Commerce. Finally, if your products requires labeling or marking, they must satisfy the Eurasian Economic Union (EAEU) requirements and where applicable apply the “EAC” mark logo.
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This article contains general legal information and material for informational purposes only which are not intended and should not be taken as legal advice. Recoupera is not a collection agency and it is not a law firm or a substitute for an attorney or law firm. All informational material provided may not reflect changes in the law. For legal advice, contact a lawyer.