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SENAC - Contribution to the National Service of Trade Apprenticeship

SENAC is a government institution that provides professional education focused on the trade of goods, services and tourism. They operate schools in more than 3000 Brazilian municipalities providing practical training and specialization courses.

SENAT - Contribution to the National Transportation Training

SENAT together with the Social Service of Transports (SEST) are responsible for the management, development and implementation of programs that aims to improve the Brazilian transportation system.

IPTU - Property Tax for Urban Land

IPTU is a tax imposed by the Brazilian Federal Constitution, levied on urban property. It's main purpose is to obtain financial resources for the local municipality.

II - Import Tax

II is one of the components of the Brazilian customs taxes, just like IE.

IE - Export Tax

According to the federal constitution the export tax is applied by the Brazilian Government for the exportation of domestic goods from Brazil or for the exportation of goods that have been nationalized.

ICMS - State Tax on Circulation of Goods and Services

ICMS is the Brazilian tax charged upon sales, services, movement of goods, transportation and communication services, and supplying of any goods.

FGTS - Severance Indemnity Fund for Employees

FGTS was created in order to support workers fired without just cause with the objective of forming a capital resource to the help Brazilian workers.

FISTEL - Fund for Telecommunication Monitoring

The Fund for Telecommunication Monitoring, known as FISTEL is a Brazilian fund related to communication services. FISTEL aims to provide resources to cover government expenses in the execution of telecommunication service monitoring, the development of these services and their improvement.

Fund for Combating and Eradicating Poverty

In order for all Brazilians to have access to a basic standard of living, there is the Fund for Combating and Eradicating Poverty.

CSLL - Social Contribution on Net Profits

CSLL is one of the contributions that finance the Brazilian social security system and every resident company in the country is subjected to the payment of this tax.

COFINS - Contribution for Social Security Financing

This contribution,COFINS, is similar to PIS and INSS as it is intended to finance welfare, health and social programs.

Documentary Letters of Credit

The Documentary Letters of Credit are basic tools which are very often used in foreign trade practices. This article explains how they work in Brazil.

Incentives for Film Production

In Brazil, the film production industry has many possibilities for growth, that's why the government, private sector companies and even other countries are betting on this Brazilian sector through investments.

Regulatory Environment for Business in Brazil

In a country like Brazil where protectionism still has deep roots, some industries - specially infrastructure services - have strong state controlled companies dominating the national market, like Petrobras. In an attempt to increase the investment and improve the services level in these sectors the Brazilian government opened them to private investors, a measure that demanded regulatory tools. In this article, we will have an overview of the Regulatory Environment for Business in Brazil.

Metro Commuting in Brazil

Riding the metro in Brazil is quite a cultural experience for foreigners coming to the country. In this article we will explain why you shouldn't be annoyed by the usual Brazilian costumes on the metro.