EX-TARIFF

What is it?

Ex-Tariff is the tax benefit consisting of a temporary reduction of the import tax rate when there is no equivalent national production.

The importance of this regime consists of three key points:

• The Ex-Tariff allows an increase in investments in capital (BK) and IT and telecommunication (BIT) merchandise that does not have equivalent production in Brazil;
• It allows for an increase in innovation by companies from different segments of the economy, with the incorporation of new technologies that do not exist in Brazil, with repercussions on the productivity and competitiveness of the production sector.
• It produces a multiplier effect for employment and income on different segments of the domestic economy.
• The Ex-Tariff regime promotes the attraction of investments in Brazil, as it releases the requirement for contributions aimed productive enterprises.

Advantages:

• Capital goods have an import  tax reduction from 14% to 0% and computer and telecommunication goods, from 16% to 0%.
• Companies can use this tax advantage and offer their finished products at lower prices, becoming more competitive due to the significant savings obtained with the costs of importing under the Ex-Tariff regime.
• Renovation of the industrial Plant modernizes production, making it possible to achieve competitiveness and market expansion.

Benefits:

• Cost Reduction
• Competitiveness
• Productivity
• Innovation

How Tradeways can help companies importing machines and equipment produced nationally:

Through a careful technical analysis of the product, its applicability, level of investments, and objectives linked to the Proceeding, etc. Tradeways will prepare a complete proceeding, which will be forwarded to SDCI (Secretariat of Development and Industry Competitiveness in Brasilia), including the relevant information.

The concession of the regime is given through the CAMEX resolution of the Foreign Trade Chamber (CAMEX), after analysis of the opinions prepared by SDCI by the Ex-Tariff Analysis Committee (CAEx). Average time for analysis and approval of the EX: 90 to 120 days.