Any mode of transport
DDP
Delivered Duty Paid
The seller delivers the goods cleared for import, with duties and taxes paid, ready for unloading at the named destination.
WHO DOES WHAT — 8 STAGES
SELLER
Arrange and pay for carriage to the named place
Complete export and import clearance
Pay import duties and taxes
Bear all risk until the goods arrive, ready for unloading
BUYER
Unload the goods
Provide the seller with assistance for import formalities
KEY FACTS
Risk, cost and paperwork at a glance.
RISK TRANSFERS
At the named place of destination, ready for unloading.
COST TRANSFERS
At the named place, including import duties and taxes.
INSURANCE
No obligation; the seller carries the transport risk.
EXPORT CLEARANCE
Seller
IMPORT CLEARANCE
Seller
IN PRACTICE
When to use it, and when not to
DDP puts the most responsibility on the seller. It can be hard to use where the seller cannot act as importer of record or recover import VAT in the buyer’s country.
Educational summary of the Incoterms® 2020 rules, not legal advice. Incoterms® is a trademark of the International Chamber of Commerce; check the official ICC text and take professional advice for contracts.
GUIDE
Incoterms® 2020, explained in full
ALL RULES
The other ten rules
AGREED THE TERMS?