Lesotho Trade Contract — Import & Export · Контракт.Онлайн
Kingdom of Lesotho

Russia Trade Contract with Lesotho

Import and export of goods with Lesotho — a bilingual EN/RU contract in 15 minutes. Settlements in USD or ZAR, transit through South Africa

Deal scheme
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What the draft already fills

Parties, documents and specifics for every deal scheme

Import of goods from Lesotho

PartiesBuyer — Russia, seller — Kingdom of Lesotho
DocumentsInvoice, packing list, declaration, waybill
SpecificsCustoms declaration in Russia · Transit through South Africa (Durban port) · Settlements in USD or ZAR

Export of goods to Lesotho

PartiesSeller — Russia, buyer — Kingdom of Lesotho
DocumentsInvoice, packing list, declaration, waybill
SpecificsCustoms declaration in Russia · SACU customs (Southern African Customs Union) · Settlements in USD

Import of services from Lesotho

PartiesCustomer — Russia, contractor — Kingdom of Lesotho
DocumentsAcceptance certificate for services
SpecificsNo customs clearance for services · Currency control under 173-FZ · SWIFT via South African banks

Export of services to Lesotho

PartiesContractor — Russia, customer — Kingdom of Lesotho
DocumentsAcceptance certificate for services
SpecificsNo customs clearance for services · Deadlines for receiving proceeds · VAT by place of supply of services

Which contract fits working with Lesotho

Four contract types — for any deal structure with a Lesotho partner

Trade specifics with Lesotho

Key terms to reflect in the contract with Lesotho

An enclave within South Africa

Lesotho is completely surrounded by South African territory. Lesotho is a member of the Southern African Customs Union (SACU) with a common external tariff; customs clearance in Lesotho is handled by Revenue Services Lesotho (RSL). Take this into account when choosing the delivery basis.

SACU · transit through South Africa

Diamonds — a key export

Exporting diamonds requires a Kimberley Process Certificate (KP Certificate).

Diamonds · Kimberley Process

LSL is pegged to ZAR 1:1

The loti (LSL) is fixed to the South African rand (ZAR) at a 1:1 ratio. The form offers LSL, ZAR and USD.

LSL/ZAR · 1:1 peg

173-FZ: deadlines and registration

The deadlines for receiving proceeds are set in the contract — the bank takes them into account when registering it; the mandatory amount of foreign currency proceeds to be credited is set by Presidential Decrees No. 79 and No. 430. For amounts from 3 million RUB (import) or 10 million RUB (export), a unique contract number (UNC) is issued.

173-FZ · contract registration

Questions about trade contracts with Lesotho

Answers on drawing up a contract with a company from Lesotho

Yes. Lesotho has been a party to the CISG since 1 January 1988, so the Convention applies automatically unless the parties exclude it.
Request the Company Registration Number from the OBFC (One Stop Business Facilitation Centre) register. State the full name and address.
The parties choose: the form offers USD, ZAR and LSL (loti), and the contract uses one currency for the price and payment. The LSL is pegged to ZAR 1:1.
Transit through South Africa: by sea to Durban or Port Elizabeth, then by road through a border checkpoint on the South Africa–Lesotho border.
Yes. In Russia the declaration is filed by the Russian party to the deal, for both export and import (Art. 83(1)(1) of the EAEU Customs Code). In Lesotho customs clearance is handled by Revenue Services Lesotho (RSL); Lesotho is a SACU member.
No. No account or company profile is required — fill in the form and provide an email address for the finished document. Payment is a one-time charge, no subscription.
No. The document is generated in bilingual format from the start — Russian and English text run in parallel columns in one file. There is no need to order a translation separately; both texts are legally equivalent.
Ready contract in 15 minutes

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DOCX · Word / LibreOffice Bilingual EN/RU Incoterms 2020

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Russia Trade Contract with Lesotho: Key Features

Lesotho is a small kingdom completely surrounded by South Africa. Its main export items are diamonds and textiles; the country is a member of the Southern African Customs Union (SACU).

Customs and Logistics via SACU

All foreign trade operations with Lesotho pass through the SACU customs territory. Goods are delivered via South African ports (Durban, Port Elizabeth).

Company Details

Company Registration Number via OBFC (One Stop Business Facilitation Centre, obfc.org.ls). In the contract, state the company name, registration number, and address.

Currency

LSL is pegged to ZAR 1:1. The form offers USD, ZAR and LSL.

CISG and Governing Law

Lesotho has been a party to the CISG since 1 January 1988, so the Convention applies automatically unless the parties exclude it. Questions the Convention does not settle are governed by Russian law chosen in the builder's contract (Art. 7), with disputes referred to the ICAC at the Russian Chamber of Commerce and Industry.