Does the Russian client need to open a foreign currency account?

No. The Russian client pays CASPCOM in RUB under a domestic Russian contract. CASPCOM handles all foreign currency payments to Iranian suppliers.

Who pays customs duties and VAT?

CASPCOM pays all customs duties and import VAT. The Russian buyer receives a full VAT invoice and can deduct the VAT amount.

What documents does the Russian buyer receive?

The Russian buyer receives a domestic contract with CASPCOM, a delivery note (UPD), VAT invoice (schet-faktura), the customs declaration (GTD), and origin certificates.

Trade Model

How CASPCOM executes transactions

Q: Is CASPCOM an agent or a principal in the transaction?

CASPCOM acts as the principal. We sign the contract with the Iranian supplier under our own name, pay in foreign currency, clear customs under our own name, and sell to the Russian buyer with full VAT.

We operate as the Russian legal entity in every deal. Here is how the transaction flows.

Advantages View Diagram

Our Role

Principal, not agent

CASPCOM does not merely introduce partners. We sign the contract with the Iranian supplier under our own name, pay in foreign currency, clear customs under our own customs declarations, and sell to the Russian buyer with full VAT. This model eliminates the complexity of cross-border transactions for Russian companies.

Signs contract with Iranian supplier

Pays in EUR / USD

Clears customs under CASPCOM name

Sells to Russian buyer with VAT

Step 1

Deal Structure

The transaction is structured as two separate contracts. The Russian client enters into a domestic supply agreement with CASPCOM in RUB with VAT. CASPCOM simultaneously enters into a foreign trade contract with the Iranian supplier in EUR or USD. CASPCOM bridges the gap between the two.

Russian Client (RUB + VAT)→CASPCOM→Iranian Supplier (EUR / USD)

Step 2

Execution

Payment to supplier

CASPCOM opens a letter of credit or makes a direct payment to the Iranian supplier in the contract currency.

Logistics arrangement

CASPCOM arranges international shipping via the North–South Corridor — sea, rail, or road.

Customs clearance

CASPCOM clears the goods under its own customs declarations, pays duties and VAT.

VAT payment

CASPCOM pays the import VAT to the Russian Federal Tax Service and documents the transaction.

Step 3

Delivery & Settlement

CASPCOM delivers the goods to the Russian buyer's warehouse or designated location. We issue a full VAT invoice (UPD + schet-faktura). The Russian buyer pays in RUB under the domestic contract. The transaction is complete.

CASPCOM delivers goods→Russian Buyer←Payment in RUB

Flow

Transaction Flow Diagram

Client

RUB + VAT

→

Principal

CASPCOM

→

Supplier

EUR / USD

Contract

Domestic supply agreement in RUB

Execution

Customs, VAT, logistics under CASPCOM

Payment

L/C or direct transfer in foreign currency

Benefits

Advantages of the CASPCOM model

No currency risk

The Russian client pays in RUB. CASPCOM assumes all foreign exchange risk and executes cross-border payments in the supplier's currency.

No customs burden

CASPCOM handles all customs clearance procedures — from declaration submission and permits to payment of duties and VAT.

VAT deduction possible

All transactions are documented with full VAT. The Russian buyer receives a VAT invoice and can claim the VAT deduction.

Single contract in RUB

The Russian client signs one domestic contract with CASPCOM. No multiple agreements, no cross-border documentation.

Contact

Start your transaction

Send us your inquiry and we will prepare a commercial proposal tailored to your product and volume requirements.