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As an American entity or an entity that does business with the US Government, you are required to get a license to transfer goods of almost any sort within Russ
by op00to 3y ago
As an American entity or an entity that does business with the US Government, you are required to get a license to transfer goods of almost any sort within Russia. [1]
The current recommendation from the American Bar Association is to destroy any goods remaining in Russia instead of trying to liquidate them for cash. If you're an American business leaving an office behind, smash the computers and the phones before you leave because you'll need a license to transfer them. If you leave them behind, that's considered a transfer too. It's a very easy way to make sure your company is bankrupt and you're blacklisted from ever importing or exporting anything ever again. Likely you will get extra super special secondary screening at the airport just for fun.
[1] https://www.bis.doc.gov/index.php/policy-guidance/country-guidance/russia-belarus https://www.bis.doc.gov/index.php/policy-guidance/country-gu...