Do you intend to work in the export or production area in Brazil? Know that there are a series of rules that must be understood and learned to achieve your business objectives. One of the points worth highlighting in the research is the popular DUIMP, or Income Statement. See what this represents.But after all, what exactly is DUIMP? If you want to deal with international business, whether importing or exporting, you need to know what an Import Declaration (DUIMP) is. This electronic publication is the document used to coordinate all information published by the government. This makes the tax process and organizing charitable activities easier and more efficient.
The DUIMP is the result of changes made by SICOMEX (Integrated Foreign Trade System), created in 2014. However, it has been available in the country for less than ten years and is still interpreted by experts who work on the subject.
In fact, implementation of the DUIMP was completed in 2018 and includes the entire OAS, limiting its use. Check out some possible explanations:
1- Sellers who do not require an import license (LI);
2- Full collection of fraud money;
3- Tax collection only in the form of marriage.
Despite the many processes, new technologies have made life a little easier for Brazilian importers in the process. Additionally, there was a significant reduction in operating costs, with special focus on factors that affected operational efficiency.
Who can obtain DUIMP registration? According to the COANA law 24/2021, as already published in the news, it is possible to know who can access the DUIMP database. Check out the official transcript below:
- The importer must have legal personality, and must also be authorized to work outside the country, especially in a non-border manner; - According to the regulations, the legal basis of taxes applied to traders affected by the import process must be available for selection on the item's invoice; - All cargo must be transported via modular waterways, this includes the fact that transshipment or transfer has occurred within the territory of Brazil; - Finally, the administrative treatment applied to products or activities cannot be carried out by an authorized body and must require a license that can be obtained with LPCO registration.
The tip is: get advice. Get help dealing with bureaucratic issues. This is good advice for anyone trying to work in this field: seek help from professional or government agencies to get what you need.
This person or company will be able to show you the best ways to save money and avoid overspending. Although Brazil has strict laws on this subject, other countries may also present similar difficulties.