Incoterms governance structure

Refers to the allocation of tax obligations (e.g., VAT, customs duties, and other charges) between the seller and the buyer under the chosen Incoterms...

The term 'Incoterms tax location' is not an official Incoterms term. It refers to the tax location (tax jurisdiction) associated with an Incoterms tra...

Refers to the proof that the delivery obligations under the chosen Incoterm have been fulfilled. The term concerns evidence of a proper delivery by th...

Smart Incoterm Management refers to the use of digital technologies, automated workflows, and data analytics to select, apply, and monitor Incoterms i...

There is no officially recognized Incoterm named 'Incoterms Fourth Party Logistics'. The term describes the Fourth Party Logistics (4PL) model: a logi...

The term refers to the obligation to obtain or have a transport insurance policy arranged under certain Incoterms. Depending on the Incoterm chosen (f...