The International Chamber of Commerce’s latest version of Incoterms (Incoterms 2020) came into effect on 1st January 2020. Why did the ICC replace Incoterms 2010, what’s new with Incoterms 2020 and what do our clients need to know about the new rules? What was wrong with Incoterms 2010? Incoterms 2010 are still a very […]
Tag: incoterms
Delivered Duty Paid: Your Responsibilities as an Exporter
After Brexit Day, Irish exporters using DDP (Delivered Duty Paid) Incoterms will find themselves responsible for customs compliance on any shipments moving into the UK. What impact might Brexit have on these DDP contracts, what are the customs costs likely to be, and what can Irish exporters using DDP Incoterms do to prepare? What […]
Incoterms after Brexit: a handy new guide
If you trade entirely within the EU, it’s possible that you haven’t come across Incoterms yet …but you’ll soon know all about them. When the UK leaves the EU, we expect Incoterms to become the new standard for trade, so we’ve created a handy one-page Incoterms guide. What are Incoterms? Incoterms are global standard contract […]