Madagascar Trade Contract — Import & Export · Контракт.Онлайн
Republic of Madagascar

Russia Trade Contract with Madagascar

Import and export of goods with Madagascar — a bilingual EN/RU contract in 15 minutes. Settlements in USD, vanilla and seafood

Deal scheme
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What the draft already fills

Parties, documents and specifics for every deal scheme

Import of goods from Madagascar

PartiesBuyer — Russia, seller — Republic of Madagascar
CurrencyUSD, less often EUR
DocumentsInvoice, packing list, declaration, waybill
SpecificsCustoms declaration in Russia · Settlements in USD · Phytosanitary certificate for spices

Export of goods to Madagascar

PartiesSeller — Russia, buyer — Republic of Madagascar
CurrencyUSD, less often EUR
DocumentsInvoice, packing list, declaration, waybill
SpecificsCustoms declaration in Russia · Certificate of origin · USD via SWIFT

Import of services from Madagascar

PartiesCustomer — Russia, contractor — Republic of Madagascar
CurrencyUSD, less often EUR
DocumentsAcceptance certificate for services
SpecificsNo customs clearance for services · Currency control under 173-FZ · SWIFT via BFV-SG, BOA-Madagascar

Export of services to Madagascar

PartiesContractor — Russia, customer — Republic of Madagascar
CurrencyUSD, less often EUR
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 Madagascar

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

Trade specifics with Madagascar

Key terms to reflect in the contract with Madagascar

Vanilla in the contract

Lock in the vanilla price and volume in the contract for each delivery.

Vanilla · price in the specification

Settlements in USD

MGA (ariary) is the domestic currency. The form offers MGA, USD and EUR. SWIFT via Malagasy banks (e.g., BFV-SG, BNI Madagascar).

USD · MGA domestic

CISG applies unless excluded

Madagascar has been a party to the CISG since 1 October 2015, so the Convention applies automatically unless the parties exclude it. Matters the Convention does not settle are governed by Russian law chosen in the builder's contract (Art. 7).

CISG · 2015

173-FZ: deadlines and registration

The deadlines for receiving proceeds are set in the contract — the bank takes them into account when registering it. Under Presidential Decree No. 430, the mandatory amount of foreign currency proceeds to be credited is tied to the mandatory sale rate — check the rate in force on the date of the deal. For amounts from 3 million RUB (import) or 10 million RUB (export), the contract is registered with the bank and receives a unique number (UNK).

173-FZ · contract registration

Questions about trade contracts with Madagascar

Answers on drawing up a contract with a company from Madagascar

Yes. Madagascar has been a party to the CISG since 1 October 2015, so the Convention applies automatically unless the parties exclude it.
Request the NIF (Numéro d'Identification Fiscale) and an extract from the Madagascar companies register (EDBM — Economic Development Board of Madagascar).
The parties choose: the form offers USD, EUR and MGA (ariary), and the contract uses one currency for the price and payment. SWIFT via Malagasy banks.
Vanilla, cloves, cocoa, seafood, nickel, chromite, cotton.
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 Madagascar goods are cleared by Madagascar customs.
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

Fill in the form, pay online — and download right away. The file is accepted by banks and customs.

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per document
Create contract
DOCX · Word / LibreOffice Bilingual EN/RU Incoterms 2020

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  • HS code selection and goods description
  • Revisions after the customs broker’s comments
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  • Contract, specification, supplementary agreements
  • Revisions during delivery
  • Support after customs and transport

Russia Trade Contract with Madagascar: Key Features

Madagascar is a large island off the coast of East Africa. The country exports unique agricultural products: vanilla, cloves, cocoa, as well as mining products (nickel, chromite).

Malagasy company details

In the contract, specify the NIF (Numéro d'Identification Fiscale), full company name, and address. Verification via EDBM (edbm.mg).

CISG and governing law

Madagascar has been a party to the CISG since 1 October 2015 and the Convention applies automatically unless the parties exclude it. The country's legal system is based on French law otherwise. 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.

Currency and settlements

The form offers USD, EUR and MGA. SWIFT via BFV-Société Générale and BNI Madagascar.

Logistics

The port of Toamasina (Tamatave) is Madagascar's main port.