Guide

  • Terms

Guarantor (independent financial intermediary) is a legal entity established under the laws of Ukraine, which according to Art. 314 of the Customs Code of Ukraine is registered in the Register of Guarantors, acting as the Independent Financial Intermediary under the CC of Ukraine and the Agreement on Provision of Financial Guarantees to Customs Bodies by Independent Financial Intermediary No. 770 dated 22.11.2012, shall have the right to give financial guarantees to the revenues and duties bodies of Ukraine in the manner and to the extent provided for by the provisions of the CC of Ukraine.

Customer is a legal entity or an individual entrepreneur acting alone or on behalf of the person liable for payment of customs duties and having filed the Guarantor the financial guarantee application.

Financial guarantee - irrevocable commitment by the Guarantor to the revenues and duties bodies of Ukraine made in written and/or electronic form on payment, at the first request of the revenues and duties body, the funds in the amount of customs duties if the person liable for payment of customs duties fails to perform its obligations secured by the guarantee.

Individual (one0time) financial guarantee shall be provided by the Guarantor for the amount of customs duties charged on goods declared:

  • under one customs declaration under one foreign trade transaction;
  • under one customs declaration under one transit transaction;
  • for one document of control over the movement of goods and in other cases stipulated by the current legislation of Ukraine.

Multi-use financial guarantee shall be provided by the Guarantor for the amount of customs duties charged on goods declared under several customs declarations or documents controlling the movement of goods for goods imported into Ukraine for transit or for free circulation in Ukraine for one owner under one foreign trade agreement.

General financial guarantee shall be provided by the for to the amount of customs duties charged on goods declared for customs declarations or documents controlling the movement of goods that the declarant or his authorized representative plans to submit within the year.

Guarantee event is the fact of failure by the person responsible for payment of customs duties to perform obligations secured by a financial guarantee arising from customs procedures, in connection with the onset of which the Guarantor shall pay the customs authority funds in the amount of customs duties under the appropriate Financial Guarantee.

  • Legislation

http://sfs.gov.ua/mk/rozdil-10/glava-45/

http://sfs.gov.ua/mk/rozdil-5/

http://sfs.gov.ua/mk/rozdil-1/glava-1/

http://zakon0.rada.gov.ua/laws/show/461-2012-%D0%

  • Documents:

Financial guarantee services contract

Application for acquisition of financial guarantee​