DDP Incoterm

DDP (Delivered Duty Paid) is an Incoterm that places the maximum obligation on the seller and minimum obligations on the buyer. It requires the seller to deliver goods cleared for import to a specified place and ready for unloading by the buyer.

The seller is responsible for all costs of transporting goods, including export fees, shipping costs, insurance, and duty/taxes/customs clearance fees until they are delivered to the final destination, usually the buyer’s place of business.