DDP

DDP is English for "delivered, duty paid". This describes that the seller takes care of export and import duties, pays them in full and handles all customs formalities.

At the same time he also bears all risks arising during the transport of the goods. DDP is part of the Incoterms 2010, which contain the clauses for the movement of goods. In principle, DDP represents the maximum number of obligations for the seller. He must deliver the goods completely ready for unloading at the agreed destination.

The goods are therefore identified as follows: DDP (destination). This indicates to the buyer that no further costs or formalities will be incurred.