Do you want to work in the export or import sector in Brazil? Know that there are a series of bureaucracies that need to be understood and learned to achieve your business ambition. One of the points to highlight in the studies is the well-known DUIMP, or Import Declaration. Consider what this represents.But really, what exactly is DUIMP? If you want to work with international business, whether importing or exporting, you need to know what an Import Declaration (DUIMP) is. This electronic declaration is a document that serves to compile all the information declared by the government. This makes the tax process and the complexities of charitable transactions much easier and more efficient.
DUIMP is a consequence of SICOMEX (Integrated Foreign Trade System), introduced in 2014. However, it has existed in the country for less than ten years and is still understood by professionals who work on the subject.
In fact, implementation of the DUIMP was completed in 2018 and included the entire OAS, thus limiting its use. Consider some possible applications of the phrase:
1- Traders who do not require Import Licensing (LI);
2- Complete collection of fraud;
3- Collect tax only for marriage.
Despite the many processes, the new technology made life easier for Brazilian importers. Furthermore, there was a significant reduction in operating costs, with special attention paid to factors that affect the logistics of the process.
Who can obtain DUIMP registration? According to Ordinance COANA 24/2021, which has just been published in the news, it is possible to know who has access to the DUIMP registration database. Check out the official text below:
– The importer must be a legal entity, and must also be authorized to operate outside the country, especially in a non-limited manner; – According to the rules, the legal basis for the tax treatment applicable to traders that impacts the import operation must be in the invoice for the good; – All cargo must be transported via modular waterway, including carrying out a transshipment or transhipment operation within the territory of Brazil; – Finally, the administrative treatment applicable to products or operations cannot be delegated to a consenting entity and must consist of a license that can be obtained from the LPCO registration.
The tip is: ask for guidance. Ask for help to resolve customs bureaucratic problems. This is good advice for anyone trying to work in this field: seek help from a professional or non-governmental agency to meet your needs.
This person or company can show you the best ways to save money and avoid spending more than the segment requires. Although Brazil has very strict policies on this topic, other countries may also have some forms of poverty.