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My company in Italy produces Electrical Test Equipments for quality check of industrial products such as compressors for domestic fridge and electrical motors for washing machines. I would like to sell to Brazilian companies and I would like to know the NCM of Electrical Test Equipment and import duties.
Worldwide agreements regarding tax policies are crucial for a good business flow among countries. In this matter, Brazil seeks to expand its Double Tax Treaties as a way to avoid double taxation.
It is not difficult to understand the Brazilian readers behavior, specially when it comes to financial and business publications. Find in this article what are the most important Brazilian magazines and newspapers about economy and why they are so relevant for consumers.
Because in 2011 Brazilians reached new records on betting in the lottery, in 2012, the government stimulates the practice through incentives, as allowing people to bet online, for example. Find in this article why lottery in Brazil is so popular and if a foreign can participate.
Brazil has one of the most complete Consumer Defense system of the world, counting with the support of several institutions and regulations. Know more about how national laws protect the consumers and what to do in case you feel damaged
During recent years, the USA and Brazil have become more alike than ever before. Both countries has strong national pride and don’t like to be considered as similar. In this article we will look at the similarities between the two countries and why they can all be categorized as Brazomericans.
Brazil is still dependent on the import of some crucial products for its development. Find in this article an overview of the goods imported by the country on the latest years and what is the current situation of imports in the country.
Brazil has a multiparty system with several political parties sharing the vote. In this article we will provide information on the most active Brazilian parties and give a general idea of how the political works in the country
Assuming foreigners may not know that some actions in Brazil are illegal, here we are to avoid them from saying: “But I didn’t know!!”
One of the most promising capitals of the Brazilian Northeast region, Natal has an economic potential still half explored, what has been attracting a lot of foreigners. Know more about how much a professional would spend while living in this city.
This article will outline what a professional that plans to relocate from another country to Salvador should expect in order to maintain the same standard of living as the country he came from.
Our company (iTi) sells a software solution framework called Ekho. It is widely used in Pulp & Paper, Mining & Metals, Oil & Gas, Food & Beverage, Chemicals, and in Renewable Energy (Wind, Solar, Biofuels). The software is used to address a wide range of functions in operations, including Production, Downtime, Quality, Maintenance, Health & Safety, Energy Management, etc. The key benefit of the software lies in our ability to: * to extract real time data from the Operations * to analyze this data and prepare Performance Analytics – generating Key Performance Indicators (KPI’s), and statistics for Overall Equipment Effectiveness (OEE), and * providing information to support real time decision making. The Ekho software is not only an integrated functional solution for Operations, but it provides a platform for generating Operational Intelligence, which can be used in performance improvement and/or continuous improvement initiatives. For more details, please see http://www.inexcontech.com. Implementation of the software involves agreements for three different components: * Software licenses – sale of a perpetual license for use of the software (the intellectual property) by the customer. * Implementation Services – delivery of professional services for Project Management, Software Installation and Configuration, Training, and Implementation Support. * Continuing Support – providing ongoing services for software support, including bug fixing, operating a help desk, and providing upgrades to the software over time. It is anticipated that the Implementation and Support Services will initially be provided by iTi, from our offices in Canada or the USA, but over time, these skills will be developed within a local partner company in Brazil. So the bottom line questions are * What are the import taxes payable on the above components relating to our intellectual property? * What are the best ways to minimize taxation on the importing of these items? * What are the best ways to minimize taxation on these items over time, by cooperating with a Brazilian partner?
Brazilian employees are used to several benefits, from health insurance to higher education. Learn how Brazilians find their way to take advantage of initiatives created to improve their own working conditions.
My understanding is that the import tax rate in Brazil is roughly 50% of the product value. Having recently visited São Paulo, it seemed to me that basic products at the few malls I visited were excessive even with the exchange rate. I was looking for tennis shoes as I didn't bring any and the cost was anywhere from 400 to 600 real (about $220 - $330 US). That's very high in comparison to the same shoes in the US. I understand that a lot of Brazilians visit the US to shop and that the visa process is about to become easier. But considering the cost of travel, it would appear that shopping online through a service that offers a US address (to facilitate US purchases) and then forwards the items to Brazil would be a cheaper alternative. What I am wondering is if the import tax rates are based on the price of the exact product being imported or based on a comparable item's cost in Brazil?
We have received several inquiries regarding bonded warehouse operators in Brazil. Having this in mind, we have decided to list six operators in the major Brazilian ports.