The lack of necessary knowledge and resources, the cumbersome and complex legislation in the field of foreign economic activity are the key reasons why entrepreneurs seek help from intermediaries to import goods to Russia.
The most common scheme for importing goods without direct foreign economic activity includes work under an agency agreement.
Simply put, under the agency scheme, the actual importer is another person who organizes the direct import of goods on the instructions of his customer.
Working under an agency contract is a rational tool, provided it is used correctly. In the supply scheme with the participation of an intermediary, an agent has its own significant risks that must be reckoned with.
To assess such risks, it is necessary to understand how the agency scheme works in foreign economic activity.
When working through an agency agreement, the intermediary undertakes, for a fee, to perform a number of legal and other actions either on its own behalf, but at the expense of the customer, or both on behalf and at the expense of the customer.