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

Russia Trade Contract with Venezuela

Import and export of goods with Venezuela — a bilingual EN/RU contract for the bank in 15 minutes. Settlements in USD, special sanctions regime

Deal scheme
Import of goods from VenezuelaExport of goods to Venezuela DOCX
КОНТРАКТCONTRACT
1. Предмет Контракта 2. Стоимость Контракта 3. Условия поставки 4. Условия оплаты 8. Форс-мажор
1. Subject of the Contract 2. Cost of Contract 3. Terms of the Delivery 4. Terms of the Payment 8. Force-Majeure
ПРОДАВЕЦ / THE SELLERПОКУПАТЕЛЬ / THE BUYER
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Fill in: Import of goods Fill in: Export of goods

What the draft already fills

Import of goods from Venezuela

PartiesBuyer — Russia, seller — Bolivarian Republic of Venezuela
DocumentsInvoice, packing list, export declaration, transport documents
SpecificsImport customs declaration in Russia · Settlements in USD (VES is unstable) · Sanctions compliance is mandatory

Export of goods to Venezuela

PartiesSeller — Russia, buyer — Bolivarian Republic of Venezuela
DocumentsInvoice, packing list, export declaration, transport documents
SpecificsExport customs declaration in Russia · Certificate of origin upon request · Settlements in USD via third countries

Which contract fits working with Venezuela

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

Trade specifics with Venezuela

Key terms to reflect in the contract

Sanctions compliance

Restrictive measures of several countries apply to Venezuela and their scope changes. Check the status of the counterparty and its bank against current lists before signing. Russian companies operate within the framework of Russian law, but correspondent banks may refuse to process payments. Agree on the settlement route in advance.

Sanctions · compliance

Settlements in USD

VES (the Venezuelan bolívar) is subject to hyperinflation. International contracts are denominated exclusively in USD. Settlements may be routed through third countries (Russia, China).

USD · hyperinflation

173-FZ: repatriation

A Russian resident is required to repatriate proceeds within the deadlines set out in the contract. For amounts from 3 million RUB, a unique contract registration number is issued.

173-FZ · repatriation

Counterparty's RIF

To identify a Venezuelan company, request its RIF (Registro de Información Fiscal) — the equivalent of a Russian INN. Verify it through the Seniat portal (seniat.gob.ve).

RIF · company details

Questions about trade contracts with Venezuela

Answers to the most common questions

No. Venezuela has not ratified CISG. The governing law must be explicitly specified in the contract.
Request the RIF (Registro de Información Fiscal). Verify it through Seniat (seniat.gob.ve).
USD. The VES (bolívar) is subject to hyperinflation and is not used in international settlements.
Payments between Russian and Venezuelan companies are made within the framework of Russian legislation. The route is via Russian banks or settlements through third countries without Western correspondent banks.
Yes. The export declaration is filed in Russia; the import declaration is handled independently by the Venezuelan party.
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.
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DOCX · Word / LibreOffice Bilingual EN/RU 173-FZ · CISG

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Russia Trade Contract with Venezuela: Key Features

Venezuela is one of the world's largest oil producers and a traditional partner of Russia in Latin America. Cooperation spans the oil and gas industry, military-technical cooperation, and food supplies.

Venezuelan company details

In the contract, specify the RIF (Registro de Información Fiscal) — the Venezuelan tax number — along with the company's full name and address. Verify it through Seniat (seniat.gob.ve).

Currency and settlements

USD is the only practical currency for contracts with Venezuela. The VES (bolívar) has undergone several redenominations and hyperinflation. Settlements are made through Russian banks or through partners in neutral jurisdictions.

Sanctions regime

Work with Venezuelan counterparties is conducted within the framework of Russian legislation. However, Western correspondent banks may block payments. Check the settlement route with your bank in advance.

Governing law

Venezuela has not acceded to CISG. The contract should specify the governing law (Russian or Venezuelan) and the arbitration body — the ICAC at the Russian CCI is recommended for Russian exporters.