Product buyout in China
We officially buy out goods from your supplier so the deal goes through the official way — with no questions from customs or the tax authorities on import into Russia.
What this service is
Product buyout is the payment and legal formalization of a purchase from a Chinese supplier so that the cargo has correct export and payment documents. We pay the supplier and structure the deal for official import: so that at every stage — from the money transfer to customs clearance in Russia — you have clean, mutually consistent documents.
It sounds like a simple 'transfer the money' operation, but this is exactly where the legality of the whole shipment most often breaks. If the buyout is done incorrectly — no export declaration, payment went 'in the black,' the documents don't match — problems surface at customs and with the tax authorities in Russia when the goods are already en route. We structure the buyout so that this doesn't happen.
Why a correct buyout is needed
An incorrectly formalized buyout hits the client after the money is gone and the goods have left:
- Customs problems. Without a correct export declaration and a matching invoice/packing list, the cargo gets stuck in clearance or falls under value adjustment.
- Tax problems. A 'grey' payment with no clear basis creates risks on audit: it's unclear what the money was for and where the goods came from.
- The supplier can't export on its own. Many factories have no export license of their own — they sell only within China. Without solving this, legal export is impossible.
- Losses on transfer fees. With a suboptimal payment route, fees eat up a noticeable share of the amount.
A correct buyout isn't 'transfer the money' but formalizing the deal so it's clean all the way from the Chinese factory to your warehouse in Russia.
How we formalize the buyout
We work under a commission agreement: we buy out the goods using the client's funds, acting legally as the commission agent. We don't force everyone into one scheme — we look at what the supplier has and choose a workable payment option:
- Payment directly to the supplier's bank. If the supplier has an export license and an account that accepts payment from Russia — we do the buyout straight to it. The simplest path, when the supplier already knows how to work for export.
- Buyout through our Chinese company. If the supplier has no export license (it sells only within China) — we buy out the goods to our company in China and handle the export ourselves. This way the goods legally leave China even if the supplier can't export itself.
- Help opening an account at VTB Shanghai. We're VTB partners and can help the supplier open an account at VTB Shanghai. This allows payment from Russia with a minimal transfer fee — useful when the work with this supplier will be regular, not one-off.
Which method fits — we determine by whether the supplier has an export license, which banks it's ready to accept payment through and how regular the shipments will be.
What you get
- Officially bought-out goods with correct export documents for official import.
- Payment made legally under a commission agreement, with a clear basis — with no risks for the tax authorities.
- The export issue solved, even if the supplier has no license of its own.
- A minimal transfer fee when paying through VTB Shanghai.
- A deal that won't fall apart at customs or on a tax audit.
Frequently asked questions
Problems surface after payment and dispatch: the cargo may get stuck at customs over an incorrect export declaration, and the tax authorities will have questions about the 'grey' payment. A correct buyout removes both risks in advance.
It's a common situation — many factories sell only within China. In that case we buy out the goods to our Chinese company and handle the export ourselves, so the export is legal.
We work under a commission agreement: we buy out the goods with your funds, acting as the commission agent. It's legally transparent — the payment basis is clear and the deal is officially formalized.
We're VTB partners and can help the supplier open an account there. This cuts the transfer fee to minimal values — especially noticeable with regular shipments to the same supplier.
The commission is from 3.9%; the exact amount is calculated individually — it depends on the deal amount, the payment method and the regularity of shipments. Submit a request for an estimate.
Both. The buyout is a key stage of official import, usually paired with delivery and customs clearance, but it can also be ordered separately — if you handle logistics yourself.
We'll buy out the goods so the deal is clean from the factory to your warehouse
Tell us about the goods and supplier — we'll pick the buyout method, handle the export and make the payment with a minimal fee.