Clifford Chance
The Customs Union: importation of civil passenger aircraft into Russia (Russian)
11 April 2011
The establishment of the Customs Union between Russia, Kazakhstan and Belarus in 2010 led to significant changes in the regulations of customs procedures used in relation to importing of leased foreign aircraft. Although initially not very clear, the new rules turned out to be even more friendly for the industry than those that applied previously under Russian customs legislation.
In this briefing we provide an overview of exemptions available to importers of civil passenger aircraft as well as certain import procedures that importers may use to reduce payment of customs duties and import VAT.
