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An Import Agreement sets out the legal terms when bringing goods into Belgium from another country. It's a contract between the importer and supplier that covers essential details like pricing, delivery schedules, quality standards, and compliance with EU customs regulations.

Belgian businesses use these agreements to protect themselves while sourcing international goods. The document must align with both Belgian trade law and EU directives, especially for regulated items like food, pharmaceuticals, or electronics. It typically includes sections on payment terms, inspection rights, warranty provisions, and dispute resolution under Belgian jurisdiction.

Use an Import Agreement when starting to source products from international suppliers into Belgium. This is especially crucial for first-time relationships with foreign manufacturers or when dealing with high-value goods, regulated products, or complex supply chains.

The agreement becomes essential before making large purchase commitments or when importing items that require specific certifications under Belgian and EU law. Key triggers include negotiating new supplier relationships, changing existing import terms, or expanding into regulated product categories like food, chemicals, or medical devices. Having it in place protects your business from delivery disputes, quality issues, and customs complications.

• Basic Purchase Import Agreement: Covers standard commercial imports with essential terms for payment, delivery, and quality standards
• Distribution Import Agreement: Includes additional rights for importing and distributing products across Belgium and the EU
• Regulated Goods Import Agreement: Contains specific provisions for controlled substances, food products, or pharmaceuticals under Belgian law
• Framework Import Agreement: Establishes long-term importing relationships with multiple purchase orders over time
• Customs-Focused Import Agreement: Emphasizes compliance with Belgian customs procedures, duties, and documentation requirements

• Belgian Importing Companies: Businesses that purchase and bring foreign goods into Belgium, responsible for negotiating terms and ensuring compliance
• International Suppliers: Foreign manufacturers or vendors who export goods to Belgium, agreeing to quality standards and delivery terms
• Customs Brokers: Licensed professionals who handle import documentation and ensure compliance with Belgian customs regulations
• Legal Counsel: Corporate lawyers who draft and review Import Agreements to protect their clients' interests
• Logistics Providers: Transportation companies responsible for executing delivery terms outlined in the agreement

• Supplier Details: Gather complete company information, registration numbers, and authorized representatives from your foreign supplier
• Product Specifications: Document exact descriptions, quantities, quality standards, and any required EU certifications
• Delivery Terms: Define Incoterms, shipping methods, timelines, and customs clearance responsibilities
• Payment Structure: Outline currency, payment terms, bank details, and any letter of credit requirements
• Compliance Check: Verify product-specific import regulations and required permits under Belgian law
• Risk Management: List warranty terms, liability limits, and dispute resolution procedures

• Party Information: Complete legal names, addresses, and registration numbers of both importer and supplier
• Product Details: Precise description, quantities, specifications, and quality standards of imported goods
• Commercial Terms: Price, payment schedule, currency, and delivery conditions using standard Incoterms
• Compliance Declarations: Statements confirming adherence to Belgian and EU import regulations
• Risk Allocation: Warranty terms, liability limits, and force majeure provisions
• Dispute Resolution: Choice of Belgian law, jurisdiction, and arbitration procedures
• Termination Rights: Clear conditions for ending the agreement and handling remaining obligations

An Import Agreement differs significantly from an Asset Purchase Agreement in several key aspects, though both involve the transfer of goods. While Import Agreements focus on ongoing international trade relationships and customs compliance, Asset Purchase Agreements deal with one-time transfers of business assets within Belgium or the EU.

• Scope and Duration: Import Agreements typically cover recurring shipments and ongoing trade relationships, while Asset Purchase Agreements handle single, definitive transfers
• Regulatory Focus: Import Agreements emphasize customs duties, international trade laws, and EU import regulations; Asset Purchase Agreements focus on domestic property transfer and business succession rules
• Risk Management: Import Agreements address international shipping risks, currency fluctuations, and customs clearance; Asset Purchase Agreements deal with asset valuation, warranties, and domestic transfer risks
• Documentation Requirements: Import Agreements require customs declarations and international shipping documents; Asset Purchase Agreements need domestic transfer papers and business registration updates