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The Federal Customs Service of Russia informs: the order of duty-free temporary importation of leased vehicles has been determined

The Government of the Russian Federation has determined a permanent procedure for the temporary importation into Russia of foreign leased, credit and rental cars (Decree of the Government of the Russian Federation No. 1515 dated December 12, 2018).

The Decree establishes the regulatory scheme for duty-free temporary importation of leased vehicles as provided for by Federal Law No. 289-FZ “On Customs Regulation in the Russian Federation” dated August 03, 2018.

From now on persons who do not have a permanent residence in a member state of the Eurasian Economic Union (EAEU) can import for free for personal use cars registered in a foreign state, owned by banks, leasing and rental companies.

The main condition for such importation is that the individual who carries out a temporary importation of a vehicle does not have outstanding duties both on customs payments and administrative fines for non-export of a temporary imported vehicle from the territory of the EAEU.

At the same time, the foreign owner of the vehicle, a legal entity, must not own other vehicles for personal use that are not exported from the territory of the EAEU after the expiration of the temporary import term.