Incoterms are international rules recognized by government authorities, legal companies and merchants around the world as the interpretation of the most commonly used terms in international trade. The scope of Incoterms applies to the rights and obligations of the parties under the contract of sale (contract) in terms of the supply of goods (terms of delivery of goods).
The contract is governed by two important conditions – these are the terms of delivery and the terms of payment.
In terms of a deeper study of the terms of delivery for your contract, we are always glad to meet with you for an accounting consultation in our office.