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Our company is currently exporting polyamide resins from China to Santos Brazil. The import tariff number for the polyamide resin is NCM # 3908.90.90. We are quoting CIF Santos Brazil but potential new customer states that our CIF price is high versus DDP Santos price from another China manufacturer. If I know Brazil's import duty rate for NCM # 3908.90.90, I can deduct the amount of duty included in the DDP quote for comparison against our CIF quote. Can you provide needed information on Brazil's import duty rate for NCM # 3908.90.90? Thanks and regards,
Books are known to be among the few products that can be imported to Brazil without incurring taxes. However, sometimes they can get stuck in the Brazilians customs offices for some time. Are there any tips for smaller book shops to ship books to Brazil without having them stuck in customs for weeks ? Thanks
As internet penetration levels increase in Brazil, significant changes in advertisement have been observed. Traditional media has been losing spot to a more interactive environment, changing the advertisement industry in Brazil.
ICMS is one of the most common taxes in Brazil and applies to the commercialization of goods and services. In this particular article, we will give a detailed approach to this tax, focusing on what does it apply to.
Which legal improvements have been done so far? Which actions have been taken?
Troy Fabien is the owner and CEO of Miami Assets Realty, a real estate firm established for the purpose of cultivating the international real estate commerce between south Florida, and Latin America.
Even though still modest and corresponding only to 1% of the population, the market for luxury goods in Brazil have presented opportunities for growth and investment.
Kay Tracy is serving as Business Development Specialist and former Interim Director of the Charlotte County (Florida)Economic Development Office.
As the metropolitan areas of São Paulo and Rio de Janeiro reach levels of saturation, the Brazilian industry has been relocating to other areas. In this article we will specifically cover the cities of Campinas, Florianópolis and Porto Alegre.
Petrobras is one of the most prestigious Brazilian companies and responsible for the construction of a positive and confident image of Brazil overseas. This article will provide an overview of this Brazilian giant.
Ranked as the 8th richest person in the world, Eike Batista's privileged background and legitimate interest in business has granted him the title of wealthiest and most successful Brazilian businessman.
The migration of 20 million people to class C, allied to more accessible credit and the increasing penetration of internet has created a new behavior profile and changed the interaction between consumer and retail.
What are the options foreign investors have to send funds to Brazil to acquire assets and\or start a business? Also, what taxes (i.e. Income Tax) should be paid once the funds are in Brazil? We can use as an example the acquisition of a small building for $500k USD. Thank You!
We introduce our sleeve as one of the leading Pharmaceutical company in the field of "Hormonal Contraceptives". We would like to have understanding on the Import duty and Tax structure of Brazil when we participate in Tender business. Could you help, such that if 100 is the landed cost at Brazilian port what additional tax structure and duty will be leviable on us.
Brazilians have a particular way to deal with last-minute deliveries: they hire motoboys. This article will provide an overview of this service, pointing its benefits and disadvantages.