Delivered Duty Paid (DDP)

Definition: Delivered Duty Paid (indicating the agreed place of destination).

Type of Transport: any type of transport.

Obligations of the Seller:

• Deliver the goods to the Buyer at the agreed place of the importer country.
• Bear the transport costs, including the operations of loading and offloading.
• Make the export and import formalities for the goods.
• This term represents the maximal obligation for the seller.

Obligations of the Buyer:

• Bear the risks and the expenses after the reception of the goods at the agreed place.