About the Incoterms®2020 Digital Guide by ICC Germany & Luther
Guidance in the choice of rules
The Incoterms® 2020 Digital Guide by Luther Law firm and ICC Germany offers an initial orientation in your Incoterms®2020 choice. This interactive guide is provided to assist you with choosing the fitting Incoterms® rule to your individual transaction. The results may surprise users of EXW- and DDP-rules!
Deciding which of the 11 Incoterms® 2020 rules to include in a B2B sales contract is not always easy for the contracting parties, whether they are prospective exporters/ importers or experienced traders. Choosing an Incoterms® rule that is inappropriate, outdated or in conflict with other contractual provisions or related contracts can lead to misunderstandings and unintended risks. To help sellers and buyers choose the right Incoterms® rule for their B2B sales contract, Luther Rechtsanwaltsgesellschaft mbH, the ICC and ICC Germany have developed the Incoterms® 2020 Digital Guide.
All references are to the original texts of Incoterms® 2020, ICC Publication 723 DE (German-English) for the application of the rules.
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Incoterms®2020 Training
| „Many users are not aware that another clause may be much more appropriate in terms of taxation or cost/benefit.“ Oliver Wieck, Secretary General ICC Germany
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We recommend further education and certification to all Incoterms users for a correct usage of the terms. Our training packages are suitable for beginners, advanced users and experts. We address all professionals dealing with internationals contracts and transactions as well as the logistics branch, consulting, legal experts and members of the chambers of industry and commerce.
Our seminars can be booked as individual inhouse training, as online-seminar or workshop. We will be delighted to advice you in order to finde the best training package for your team or customers. Please contact us: henriette.hartmann@iccgermany.de
Incoterms®2020 Legal Advice
The contracting parties are free to amend individual stipulations of the Incoterms®rules by agreement and in this way optimally adapt the rules to their needs and existing contractual relationships. However, a legally secure adaptation of the Incoterms®rules and the reduction of legal and economic risks require an in-depth analysis of the circumstances of the individual case. We will gladly support you in analysing existing adaptation needs, identifying your options and implementing them according to your interests. Of course, we also offer individualised training that will enable you to always correctly apply the rule fitting your needs.
Feel free to contact our contact persons for comprehensive legal advice or individualised training. Experts at Luther Rechtsanwaltsgesellschaft mbH and ICC Germany will provide you with the best possible advice on Incoterms® 2020 and beyond:
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Advantages of the correct use of Incoterms®
Advantages of the correct use of Incoterms®
- Clear regulations of mutual contractual obligations
- Faster contracting
- No more misunderstandings
- Avoidance of cost-intensive legal disputes
The ICC Incoterms® in a nutshell
The International Commercial Terms – the Incoterms® rules – were developed by the International Chamber of Commerce (ICC) and are updated regularly. The Incoterms® rules are internationally recognised, standardised and widely used contractual terms for national and international B2B contracts for the sale of goods. Since the introduction of the first Incoterms® rules in 1936, the ICC has been regularly adapting the rules to the evolving global business and transportation practices and has been publishing guides, commentaries and tools to assist users. We invite you to familiarise yourself with Incoterms® 2020:
Copyright and Trademark Information
The Incoterms® and the Incoterms® 2020-Logo are brands of the International Chamber of Commerece (ICC). The usage of these brands does not indicate a connection with ICC or any approval or promotion through ICC, unless it is explicitly stated. The Incoterms®-clauses are protected by copyright.
