Do you want to work in the export or import sector in Brazil? Know that there are a number of bureaucracies that you need to understand and learn to achieve your business ambitions. One of the most important points of the investigation is the famous DUIMP, or Import Declaration. Consider what this reveals.But what is DUIMP? If you want to do international business, you need to know what import or export import declaration (DUIMP) is. This electronic declaration is a document used to consolidate all information published by the federal government. This makes tax processes and issues related to charitable transactions easier and more efficient.
DUIMP arose from changes in SICOMEX (Integrated Foreign Trade System) established in 2014. But it has been operating in the country for less than a decade and is still understood by experts who work on the subject.
In fact, implementation of the DUIMP was completed in 2018 and includes the entire OAS, restricting its use. For an explanation, see some possible applications:
1- Traders who do not require an Import License (LI);
2- Complete set of fraud accusations;
3- Tax collection for marriage regime.
Despite the many procedures, the new technology has made life a little easier for Brazilian importers. Furthermore, by paying special attention to factors affecting the logistics of the process, operational costs were significantly reduced.
Who can obtain DUIMP registration? According to COANA Ordinance 24/2021, published in the news, you can now find out who can access the DUIMP registration database. See the official text:
- The importer must be a legal entity and must also be authorized to operate abroad, especially in a modality other than the restriction. - Under the terms of the regulation, the legal basis for dealing with the tax applicable to traders affecting import transactions must be the choice of an invoice. - All cargo must be transported by modular waterway, which includes the transfer or delivery operation within the territory of Brazil. - Finally, the administrative treatment applied to the product or operation cannot be subject to the organization's consent and must be licensed by LPCO registration.
Tip: Seek advice Get help dealing with customs bureaucracy. Here's a good tip for anyone who wants to work in this area: seek help from a professional or non-governmental body to meet your needs.
This person or company will be able to show you the best ways to avoid spending more than your segment requires. Although Brazil has very strict regulations on this, other countries may also present some difficulties.