Robust B2B contracts are the backbone of successful business dealings in Russia. For European companies, contracts with Russian partners must comply with local and international laws while addressing cross-border complexities. This article explores how Turkish International Law & Consulting Firm supports EU firms in drafting supply, agency, service, and technology agreements in Russia.
Why Contracts Matter in Russia
Contracts:
- Define Obligations: Clarify responsibilities and deliverables.
- Mitigate Risks: Protect against disputes or sanctions violations.
- Ensure Enforceability: Align with Russian and EU legal standards.
Types of B2B Contracts
- Supply Agreements: For goods delivery, specifying quality and timelines.
- Agency Agreements: Authorizing agents to act on behalf of EU firms.
- Service Agreements: For consulting, IT, or logistics services.
- Technology Agreements: Licensing or tech transfer, common in IT and manufacturing.
Key Legal Considerations
- Civil Code of Russia: Governs contract formation, obligations, and breaches.
- Sanctions Compliance: Avoid clauses involving sanctioned goods or entities.
- Currency Controls: Payments must comply with Federal Law No. 173-FZ.
Drafting Tips for Robust Contracts
- Dispute Resolution: Include arbitration clauses (e.g., ICC or LCIA).
- Payment Terms: Specify currencies and SWIFT/SPFS mechanisms.
- Termination: Define clear grounds and notice periods.
- Force Majeure: Account for sanctions or regulatory changes.
Cross-Border Challenges
- EU Compliance: Contracts must align with GDPR, sanctions, and export controls.
- Russian Law: Adherence to AML (Federal Law No. 115-FZ) and tax regulations.
- Translations: Notarized Russian translations for enforceability.
Why Use Lawyers?
Lawyers:
Russian-Turkish Law & Consulting Firm, with over 20 years of experience, has supported EU firms in drafting B2B contracts in Russia. Contact us: +90 552 647-07-17 or https://rt-union.com/.
- Draft tailored, compliant contracts.
- Conduct due diligence on counterparties.
- Ensure enforceability in Russian courts.
Russian-Turkish Law & Consulting Firm, with over 20 years of experience, has supported EU firms in drafting B2B contracts in Russia. Contact us: +90 552 647-07-17 or https://rt-union.com/.
Conclusion
Effective B2B contracts are essential for EU companies in Russia. Turkish International Law & Consulting Firm ensures your agreements are robust and compliant. Schedule a consultation to secure your Russian deals!
