Russia Flag

Russia

Please see below for a summary of payment terms in Russia and the various industries across which payment term legislation appears. You can also download a summary of all Russian payment terms by clicking the button below.
Industries Laws Codes Notes
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

LAWS

Article 314 of the Civil Code of the Russian Federation requires payment within 7 days of a request where no term exists in contract.

  • Comm_terms_law
  • Construction
  • Manufacturing
  • Retail_agriculture
  • Services
Go to link

Federal Law 381-FZ, part 7 of article 9 requires retailers to pay for food products with expiration of less than 10 days within 8 working days. Products with a shelf life of 10 to 30 days inclusive are payable no later than 25 days. For food with a shelf life of more than 30 days and alcoholic beverages, the deadline for payment is 40 days.

  • Comm_terms_law
  • Retail_agriculture
Go to link

Federal Law 44-FZ On the contract system in the field of procurement of goods, works, services to meet state and municipal needs article 30, part 8 and 34 part 13.1 require government institutions to pay SMEs within 15 days and other suppliers within 30 days.

  • Government
Go to link

Ready to liberate your cash?

Discover the source of value in your supply chain

Contact our sales team